Friday, July 9, 2010

Genting is last bidder standing

From the Daily News:

In a stunning move, the State Lottery has disqualified two of the three bidders for the ill-fated Aqueduct “racino” project.

SL Green and Penn National Gaming were rejected only seven days after submitting their applications in the latest round of bidding for the long-delayed project.

That leaves just Genting New York in the running.

Genting “appears to conform with all requirements of the bid submission process and will continue to be evaluated,” the Lottery said in a statement.

If Genting ultimately is not approved for the Aqueduct project, the bidding process will have to start again. A recommendation from Lottery is due to Gov. Paterson and legislative leaders by Aug. 3.

Lottery officials said Penn National and SL Green, which was partnering with Hard Rock International and Clairvest Group, did not conform with the set criteria. Both failed to submit signed copies of the mandatory bid requirements.

Instead, the two bidders offered “altered versions” containing numerous changes they wanted.


Anonymous said...

Why in NY is there always only one bidder? Surprised that there is only one bidder - one from a Muslim country - how ironic?

Anonymous said...

There were other bidders, but they got tossed out because they didnt feel like following the rules.

Anonymous said...

Read Lottery's press release for the rules they did not want to follow. An eye opener.