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State races to build Queens ‘racino’

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The cash-strapped state is rushing to building a “racinco,” what the gambling industry calls a casino at a race track, at the Aqueduct in Queens. It would include 4,500 video slot machines, but no gaming tables. Developer Stephen L. Green and the operators of the Hard Rock Cafe chain have offered to open a temporary racino by year’s end. Connecticut’s Mohegan tribe, operators of the Mohegan Sun resort and casino, has also bid on the project, with Extell Development and hedge fund Plainfield Asset Management as partners. It has a Mohegan-style complex in mind. Another bidder is Delaware North, owned by the Jacobs family of Buffalo, which plans something similar to its Saratoga Springs racino. 

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