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In Surprise Move, Casino Magnate Abandons Bid for Aqueduct Racetrack

New York City : NY : USA | about 1 month ago  
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Wynn Resorts CEO Wynn announces a deal with entertainer Brooks during ...
Wynn , the Las Vegas gambling impresario, on Wednesday dropped out of the bidding to revive the Aqueduct racetrack in Queens with 4,500 electronic slot machines, just two days before competing operators were to deliver their final offers for the complex.
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News Stories
 
  • News Source: Seattle Times | 26 days ago
    N.Y. — Casino mogul Steve Wynn has dropped out of the bidding to operate thousands of video slot machines at New York City's Aqueduct race track. Las Vegas-based Wynn Resorts Limited's announcement Wednesday came two days before bidders to operate...
  • News Source: Las Vegas Review-Journal / Sun | 26 days ago
    The process, which began earlier this year, is expected to be completed in the next few weeks. New York Gov. David Paterson and legislative leaders are expected to select the winning bidder. Five groups and partnerships, each with a casino operation...
  • News Source: The New York Times | 26 days ago
    Wynn , the Las Vegas gambling impresario, on Wednesday dropped out of the bidding to revive the Aqueduct racetrack in Queens with 4,500 electronic slot machines, just two days before competing operators were to deliver their final offers for the...
  • News Source: Las Vegas Review-Journal / Sun | 27 days ago
    Wynn Resorts has withdrawn its bid to operate a casino at the Aqueduct Racetrack in New York City, leaving five bidders in line for the potentially lucrative license...Penn National Gaming, Harrah's Entertainment, MGM Mirage, Navegante Group and...
Blogs
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  • Blog Source: thepulseoflasvegas.com
    SL Green and Mr. Wynn did not comment. The remaining bidders, Aqueduct Entertainment Group (which includes Turner Construction and the Navegante Group) and Delaware North, also did not comment. In its bid, AEG said it will give the ...
  • Blog Source: queenscrap.blogspot.com
    With just two weeks to go before Governor David Paterson, Assembly Speaker Sheldon Silver and State Democratic conference leader John Sampson are expected to announce a winning developer for the project, Penn National Gaming and SL ...
  • Blog Source: thepulseoflasvegas.com
    Steve Wynn pulls out of bidding for Aqueduct Racino in Queens. Penn National Gaming and SL Green considered leading contenders to win it all.
  • Blog Source: leftatthegate.blogspot.com
    “We are confident that the state of New York will find a qualified operator to meet its needs at Aqueduct," a Wynn spokesman said. “We would like to thank our associates and community leaders for all their assistance in crafting our proposal." [
  • Blog Source: blog.timesunion.com
    Wynn's bid was considered one of the most desirable by people in the administration, although Queens officials were not keen on the length of time it would take Wynn to build his facility. SL Green remains a strong contender with its ...
  • Blog Source: dmckee.lvablog.com
    As they come into the backstretch on the bidding for a racino at New York's Aqueduct Racetrack, one contender has pulled out of the race: Steve Wynn. Did he balk at the $200 million upfront fee? Even without Wynn in the running, ...
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