Our opinion there is talk of gaming revenues to bail fiscally stressed Rensselaer out. The pick waterfront of the city presents a workable alternate to oversaturating the region together with casinos. Rensselaer city officials behave occasionally like the gambler who is losing his top in the table keeps rolling the dice instead of simply walking off. First the downtrodden town across the Hudson in Albany created an ambitious bid to get one of those state permits to run a casino. Now comes still another strategy that relies upon saving Rensselaer. It seems to be dead before getting out of this gate. The idea floated a week could produce a”boutique casino” using 1,000 video lottery terminals as a piece of a resort job over the shovel-ready waterfront website in which the full-sized casino was suggested.
It might take partnering together with the Capital Region Off-Track Betting Corp.. Already, OTB and politicians seem to be backing off dreading that which a Rockefeller Institute report has discovered to be the scenario an oversaturation of gaming choices diluting revenues for communities and countries 6qbet. The Schenectady job has a higher prospect of succeeding without additional rivalry. With some Las Vegas-type casino Schenectady, also 1,700 VLTs currently a VLT dwelling in Rensselaer would struggle to live. Things do seem rough for Rensselaer, but it has an ace up its sleeve at the De Laet’s Landing website on the Hudson River. The area of the Rensselaer High School was cleared before the Recession just for residential and commercial development. An ambitious proposal for a waterfront and refuge restaurants and condos, all with a stunning view of the skyline of Albany, has city characteristics that would permit development to begin immediately.
This website shouldn’t require a hall. Nor should it need the tax breaks that before taking risks, developers appear to expect. Rensselaer officials do not have to move this alone. It ought to utilize the Capital Region Economic Development Council from the hunt for a programmer, and possibly as a resource for potential seed money for this type of partnership. A display riverfront project could be a bet not for Rensselaer, but also for Albany and also the area as a whole. Suffolk Downs is a former racetrack. It opened back in 1935, however the historical oval hosted its final live race June 30. Today, it supplies simulcast wagering on races hosted everywhere in the nation. The date of the race happened to coincide with the introduction of Wynn Resorts Encore Boston Harbor.