Lone Applicant For Southern Tier Casino Doubles Down
The race for the last upstate casino license has just one runner — a blunt-talking real estate tycoon trying his luck for a second time in New York.
Tioga Downs owner Jeff Gural learned he was the sole applicant for a Southern Tier casino license Monday. The state board that rejected his bid during the initial round last year could do it again, but Gural is betting on his improved proposal. Also, the solo bid leaves state officials with the politically sticky problem of choosing Tioga or denying New York's economically struggling Southern Tier a casino again.
The new proposal includes $125 million for new facilities, including more hotel rooms and another restaurant. The first round proposal included $105 million for facilities, including a now-completed $15 million parking garage.
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