Caesars will hold job fair to tout opportunities

Caesars Entertainment has scheduled a job fair in Harriman on Thursday to whet the public’s appetite for what is says would be 3,000 “permanent, well-paying, mostly union jobs” at Caesars New York, the resort it hopes to build in Woodbury if chosen for a casino license.

The event will take place at 7-9 p.m. at the IBEW Local 363 union hall, a short distance from the 115-acre site of the proposed resort. The IBEW building is at 67 Commerce Drive South in Harriman, just off Route 17.

The job fair follows a July 9 forum Caesars held for prospective vendors and suppliers, attended by more than 200 people, according to the company. The company has said that combined wages and benefits for employees of Caesars New York, if it comes to fruition, would average around $50,000 a year.

“Following the successful turnout of our vendor forum for local businesses, we are excited to host our first employment expo for people in the area to learn about the benefits of working for Caesars, and to help the community partner in building a premier resort destination in Woodbury,” Jan Jones Blackhurst,  executive vice president for communications and government relations for Caesars, said in a press release announcing the job fair.

 

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Casino developers to hold golf outing for Blooming Grove police and fire

The Cordish Companies and Penn National Gaming are seriously wooing the South Blooming Grove community where they hope to build the Live! Hotel & Casino New York should they win a license.

The partners will sponsor a golf outing to benefit the Blooming Grove Police PBA and South Blooming Grove Fire Department. The Guns and Hoses Golf Tournament will be held Sept. 12 at the Otterkill Country Club in memory of Sgt. Matthew Kelly who died at the age of 35 from cancer.

As many as 144 interested golfers can sign up for $150 each. The money cover greens fees, cart, shirt, three meals and an open bar. Checks will go to the Blooming Grove PBA.

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Caesars holds forum for potential vendors

Caesars Entertainment is holding a forum in Woodbury Wednesday evening for businesses that hope to become vendors or suppliers for the $880 million casino resort Caesars plans to build near the Harriman Metro-North station if granted a state casino license.

The gathering will take place from 7-9 p.m. at the Falkirk Estate and Country Club at 206 Smith Clove Road in Central Valley. Caesars encouraged small companies and business owners who are veterans, women or minorities to attend.

Here’s a statement about the event from Jan Jones Blackhurst, executive vice president for communications and government relations: “We are excited to host our first forum on procurement and strategic sourcing for local vendors and suppliers to help build a world-class resort destination in Woodbury. By working closely with upstate businesses, we will continue to build meaningful and long-lasting relationships with the community – and Caesars is encouraging veterans and other small-businesses to bring their expertise to the table. Through these partnerships, we hope to ensure the most economic benefits for Woodbury, the region and the entire state of New York.”

The website for the project, known as Caesars New York, is at www.caesarsny.com. The proposal is one of nine vying for either one or two casino licenses the state expects to award this year in Orange, Ulster and Sullivan counties.

 

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Restaurants announced for proposed South Blooming Grove casino

A casino is still a nebulous dream, but partners The Cordish Cos. and Penn National Gaming have released a list of restaurants that will be located at the Live! Hotel & Casino New York, should they win a license to operate in South Blooming Grove.

The dining establishments include Bobby Flay Steak, Bobby’s Burger Palace, The Cheesecake Factory, Smorgasburg, and Fornino, according to a press release by the partners who are operating as OCCR. None of the restaurants and chains currently has locations in Orange County.

The 1.1-million-square-foot project to be built at a cost of $750 million is among the larger casinos proposed in the region and will be located on a 120-acre property off Route 208 in the village. The project is among nine in the region competing to win a casino license in the Hudson Valley and Catskills

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Moody’s puts U.S. gaming industry on negative outlook

Credit rating agency Moody’s put the U.S. gaming industry on a negative outlook, on the expectation that revenues will continue to decline.

Some of the state gaming authorities that released revenue results for May posted small declines, according to Moody’s. The agency had expected revenue to increase slightly.

Moody’s now expects the gaming revenue authorities report will fall over the next 12 to 18 months by 3 to 5 percent.

Moody’s senior vice president Keith Foley said the falling revenue comes even as more regional casinos have been built across the U.S.  Foley said the numbers indicate consumers will “limit their spending to items more essential than gaming, even as the U.S. economy continues to improve.”

The results do not include the Las Vegas Strip, which continues to perform well in terms of gaming revenue.

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Greenetrack partners with Full House Resorts

Greenetrack has partnered with Full House Resorts for its proposed casino in New Windsor.

Full House is a publicly traded casino company based in Las Vegas that owns casinos in Indiana, Mississippi and Nevada. Full House will run the casino Greenetrack has proposed on 140 acres next to Stewart International Airport, according to a press release.

Full House would also operate the proposed Howe Caverns Resort and Casino in the Capital Region. Lee Iacocca, who led Ford and Chrysler, was a member of Full House’s board until last year. He is still one of the company’s principal owners, according to Full House’s website.

Greenetrack’s proposed casino, called the Grand Hudson Casino and Resort, offers a sports center in addition to amenities like gaming space, shopping and a hotel.

The Mid-Hudson Valley Sports & Aquatic Center would be open year-round and features two regulation-size basketball courts, three indoor soccer fields and an Olympic-sized swimming pool.

The casino proposal also offers other benefits to the region. Greenetrack will give New Windsor $2.5 million for economic development, bring trolleys to Newburgh and fund a tourism executive director to work within a Newburgh business organization.

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Casino applicants sign deals on entertainment plans

An earlier version of this post incorrectly described Saratoga’s partnerships with local entertainment venues. They are not non-competes.

Update: Saratoga Casino and Raceway provided a list of local entertainment venues it has partnerships with. They are the Mid-Hudson Civic Center in Poughkeepsie, the Sugar Loaf Performing Arts Center in Sugar Loaf, the Paramount Theatre in Middletown, Just Off Broadway in the City of Newburgh and the Shadowland Theatre in Ellenville.

The Upstate Theater Coalition for a Fairgame has inked agreements on casino entertainment plans with four Hudson Valley/Catskill region state gaming license applicants.

Those applicants are Empire Resorts in Thompson, Greenetrack in New Windsor, the Nevele Resort in the town of Wawarsing, and Genting Americas, proposing gaming resorts in the towns of Montgomery and Tuxedo.

The applicants’ agreements with Fairgame describe the size and scope of the casino entertainment plans and detail joint booking agreements which allow both the casinos and Fairgame members access to performers on tour.

Fairgame is a group of municipal and not-for-profit live entertainment venues, including the Bethel Woods Center for the Arts in Bethel, UPAC in Kingston and the Baradvon in Poughkeepsie. It formed last year to protect entertainment venues from unfair competition from casinos, according to a press release. Casinos in Las Vegas and Atlantic City offer shows and performers like Cirque du Soleil and Donnie and Marie Osmond.

In a prepared statement, Fairgame Chairman Philip Morris said that the group was not able to reach an agreement with a number of the casino applicants. Those are Penn National Gaming and Cordish Companies, in South Blooming Grove, Saratoga Casino and Raceway in the Town of Newburgh, the Mohegan Sun proposal in Thompson and Caesars’ Entertainment in Woodbury.

Fairgame hopes to continue conversations with those developers, according to a press release.

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Genting to give Tuxedo a pile of cash

Tuxedo wasn’t shy to ask, and now after some haggling Resort World has agreed.

The Genting Americas subsidiary will give the town a pile of cash if it wins a coveted gaming license to operate a $1.4 million square-foot casino in the northern section of town.

Under the “Host Community Agreement” agreement signed Friday and made public today, Genting would pay the Town of Tuxedo $47.5 million over a two year period for unspecified projects in the town. It would also pay for transportation infrastructure improvements, provide money to the Tuxedo school district and give $2.5 million to police, fire and EMS for capital expenditures and training.

The $47.5 million is way below the $80 million the town initially asked for, and lower than the $50 million Genting had countered with. These numbers were discussed by the town’s consultants in a public presentation last month.

The funds would be in addition to $3.5 million in anticipated annual property taxes and $4.7 in gaming revenue sharing promised by Genting.

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Caesars promises Woodbury a bevy of benefits

In a 23-page agreement that helped secure the Woodbury Town Board’s support, Caesars Entertainment has pledged to make potentially hefty payments to offset additional service demands its proposed $880 million casino resort would create for the town government.

Under the terms of the deal, the amounts Caesars would pay for capital expenses incurred by Woodbury and for annual personnel costs will be determined during the environmental review process, which is being overseen by the Village of Woodbury Planning Board. Included in the agreement are initial estimates by town officials for those expenses, totaling almost $1 million up front for police cars, a court renovation and other capital costs, and about $3 million a year for additional police officers and other personnel.

Caesars, one of eight applicants competing for a casino license in Orange, Ulster and Sullivan counties, also has promised to give the Town of Woodbury $1 million a year for four years, to be spent however the town chooses. The agreement indicates that money is meant to alleviate negative effects of the project or simply for “the betterment” of the community.

Besides the funding for Woodbury, the document sets forth potentially more expensive commitments by Caesars to alleviate traffic problems at Route 17′s Exit 131, already targeted for major improvements by the state Department of Transportation, and to accommodate additional wastewater, which might mean pricey construction to expand the capacity of Orange County’s sewage treatment plant in Harriman.

The “Host Community Benefits Agreement” that Caesars submitted with its license application on Monday contains a multitude of other obligations, such as reimbursing the town for cost of analyzing the project’s potential impact; building two sports fields; giving Woodbury residents preference for jobs at the proposed resort; and making annual contributions to the Woodbury Chamber of Commerce and local civic groups.

All payments contained in the agreement would be in addition to the anticipated tax revenues, which Caesars has estimated to be about $10 million a year for Woodbury from gambling proceeds and another $19 million in annual property taxes for Monroe-Woodbury School District, Woodbury and Orange County.

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Orange County farmers expect a harvest from Newburgh casino

Add Orange County farmers to the list of those backing the location of a casino on Route 17K in the Town of Newburgh.

Members of the Orange County Vegetable Improvement Cooperative Association are stumping for the proposed Hudson Valley Casino & Resort in a letter to the state Gaming Facility Location Board, which will award up to two casino licenses in the Hudson Valley.

Saratoga Casino and Raceway, the developer behind the proposed resort, says it plans to support local farmers by using local products and by creating a resort-based farmer’s market and a program to shuttle guests to local breweries, farms, orchards and wineries.

It appears, from the proposal presented, that our industry will receive significant positive impacts from Hudson Valley Casino and Resort,” association President J. Rual Ruszkiewicz.

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