Skip to comments.Cuomo administration inks agreement with developer to build convention center at Aqueduct racetrack
Posted on 01/06/2012 1:52:21 PM PST by george76
Malaysian firm pledges $4 billion to build country's largest convention center in Queens.
On Tuesday, the Cuomo administration quietly inked a letter of agreement for the project with the operator of the Aqueduct racino... the Malaysia-based casino operator pledged to invest $4 billion to build the 3.8 million-square-foot facility
(Excerpt) Read more at nydailynews.com ...
So much for an American based firm.
Just - huh?
Wow, I didn’t even know that Aqueduct had “casino” gambling, or Malaysian owners. Much less this.
Malaysian sourced money makes it easier for the crooked, but not honest /s, New York pols to hide the cut.
Jeepers, the New York City Off Track Betting Corporation Went bankrupt even after taking an additional 5% skim off the top of the handle.
< Wynn Campasella, Voice of the Big A> "And that can mean only one thing: it is now post time. And they're off! It's Venality by half a length, Corruption on the rail, Taxpayer falling behind the pack. As they pass the clubhouse turn, Greed takes the lead, and Bankruptcy is challenging on the outside. At the quarterpole, it's Waste and Kickback, neck and neck, with Bribery and Conflict of Interest on the inside, down the stretch, it's Futility and Moral Blindness closing fast, Futility, now Moral Blindness and as they cross the finish line, Taxpayer pays Four Billion dollars!"
Taxpayer pays four billion on a two-dollar bet.