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Fall Groundbreaking Possible for $600-Mil Catskills Casino

THOMPSON, NY-The developer of a proposed casino to be run by the Stockbridge-Munsee Band of Mohican Indians here thinks the one million-sf project could break ground by this fall.

By John Jordan | Updated on January 30, 2002

THOMPSON, NY-The Stockbridge-Munsee Band of Mohican Indians and Trading Cove New York say that now that they have received strong support from Sullivan County they believe their casino project could receive all the necessary approvals in order to break ground on the project by the fall of this year.

On Jan. 24, the proposed casino venture became the second major Indian-run casino to reach an agreement with Sullivan County government on a local tax agreement. The Indian tribe signed a $15 million annual payment agreement with Sullivan County government for its proposed casino gaming facility and hotel project to be located on a 333-acre trace of land on County Route 161 off Route 17.

The agreement is similar to an annual payment agreement reached between the county and the St. Regis Mohawk Tribe and developer Park Place Entertainment on a $500 million gaming facility and hotel proposal that will also be located in the Town of Thompson. Backers of that project have also expressed hope that they can receive all the necessary state and federal regulatory approvals in order to break ground sometime this year.

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