Delaware North Wins Downstate Contract

Buffalo-based Delaware North has won a lucrative video-gaming contract for the new Aqueduct Raceway in New York City. The company offered 370-million dollars up front to the state to secure the contract. Aqueduct Gaming LLC will develop an entertainment complex with 45-hundred video lottery terminals [[ VLT ]], along with restaurants, hotels, a conference center and retail outlets. State officials project that the video slots will to generate over eight-billion dollars over 30 years. The deal is expected to create 50 news jobs at Delaware North's downtown Buffalo headquarters and in Queens. Governor Paterson says the facility will generate 31-billion dollars for the state's education programs over the next 30 years. That means Buffalo public schools could see nearly four-and-a-half million dollars in the first year.