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March
24 2001
Park Place
Seeks Federal Approval for Resort
Eleven months after
partnering with the St. Regis Mohawks on a proposed casino in
Monticello, Sullivan County, Park Place Entertainment intends to
submit an application to the federal government Friday seeking
approval of the roughly $700 million project at the Kutsher's
Resort Hotel and Country Club. The application to the Bureau of
Indian Affairs will be filed before week's end, said Kim Sinatra,
a project manager for Park Place, owners of Caesar's Palace,
Bally's casinos and 29 casinos worldwide. The company had wanted
to apply months ago but couldn't complete several necessary steps.
The federal government must approve taking land in Monticello into
trust for the Mohawks before the tribe can operate an
off-reservation casino there. The Mohawks, working with a separate
development company, also plan for an off-reservation casino in
the Town of Catskill, 30 miles south of Albany. That project
requires separate approvals. The tribal court Tuesday ruled in
favor of some Mohawks who sued Park Place for interfering with a
casino partnership between the tribal government and Catskill
Development Corp., which last year gained the only land-to-trust
approval ever granted in New York. The court issued a $1.7 billion
judgment against Park Place, but it is unclear how enforceable the
action is since the tribal government does not recognize the
court.
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