HTN: Delaware North Drops Aqueduct Deal

Buffalo-based Delaware-North is apparently walking away from the the redevelopment of the Aqueduct race track downstate. The company says it can no longer raise the capital for the project due to the recession and credit crunch. Delaware North had committed 370-million dollars to converting the Queens race track into a casino with the installation of video slot machines. The plan was expected to create some two-thousand jobs and draw millions of dollars to the state coffers