Stock O'holics Investing University

[RandyKCMO]

RE ROBK.OB Seneca Catskills Casino

http://www.rotateblack.com/PropertiesSeneca.asp

I'm not real familiar with the geography in the NW. I remember reading that comment on their website. It'd been a while since I read it, but was just back on there today. See Highlighted paragraphs below:


Seneca Catskills Resort

The Seneca Catskills Resort Casino is a venture by the Seneca Nation of Indians of New York and Rotate Black Inc. The Seneca Nation of Indians have executed agreements with the exclusive rights to develop and manage a Class 3 Casino and Resort in the New York Catskills area to Rotate Black Inc. The Casino and Resort when complete will have over 2,000,000 square feet and will have over 6,000 slot machines and a 1,500 room hotel.

Phase One will be a temporary structure that will have over 1,800 slot machines, food court and lounge.

Phase Two is the development of a permanent casino with 3,000 slots and 60 table games plus limited food & beverage facilities and no hotel rooms.

Phase Three will encompass a much larger facility with 6,000 slots, 150 table games, 30 poker tables, race betting plus a resort with 1500 rooms, nine restaurants, 10 bars, a 10,000 sq. ft. nightclub, a 45,000 sq. ft. spa, a 5,000 seat event center, 105,000 sq. ft. of banquet space, and 30,000 sq. ft. of retail space, plus other amenities.

Casino Resort and Location

The property is immediately off Exit 107 on Route 17. Route 17 is a 4-lane highway that is currently being converted to Interstate 86. The site is 90 miles from the George Washington Bridge.


The Catskills Resort and Casino will be the closet casino to New York City and easily accessible to customers throughout the New York Metro area with 24 million customers within hours from the property. There are between 1 - 2 million patrons within driving times of 60 minutes or less and 20 - 24 million patrons with driving times between 60 minutes and 120 minutes of the Casino.