TOWN OF THOMPSON, NY—In response to the news on Monday that asecond prospective casino developer had decided not to pursue acasino license in Sullivan County because of difficulty securingfinancing due to competing proposals to the south in Orange County,Mitchell Grossinger Etess, CEO of theMohegan Tribal Gaming Authority, says his firmwill remain in the fight for its casino project in SullivanCounty.

The Mohegan Tribal Gaming Authority, owner of theMohegan Sun casino in Uncasville, CT, ispartnering with Westchester County developer LouisCappelli of Concord Associates, to buildthe $500-million Mohegan Sun at the Concord casinoresort on 116 acres of property at the former Concord Hotel in thetown of Thompson in Sullivan County.

“We are proceeding on completing our application. We believestrongly in the Catskills,” Etess tells Globest.com's John Jordanin response to Foxwood and Muss Development's announcement on Monday that they would not file an applicationby the mandated June 30th deadline for a New York State casinolicense with the New York State Gaming Facility LocationBoard for their planned casino project at the formerGrossingers hotel in Liberty.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.