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Howe Caverns Antes Up $1,000,000 Casino Application Fee

Written By Editor on 4/23/14 | 4/23/14

Cobleskill, NY – Howe Caves Develop Corporation, today, submitted the $1,000,000 application fee as the next step in a bid to secure a casino at its Schoharie County location.

Emil Galasso, President of Howe Caves Development Corporation, said he believes that at every step in the process Howe Caverns is showing to be a serious contender with the best site for a potential casino in this region.

“Today, we are sorting out - who is in and who is out. When the smoke clears we are confident that operators will recognize the tremendous potential of our shovel ready site - uniquely suited to be a destination location for families throughout the region.  Our proposal is consistent with the Governor's stated goals to target areas in need and build destination resorts in communities that express local support. It will be clear to operators that we are the only site that has all of these qualities in the Capital Region,” Galasso said.

“We have overwhelming public support, we have the support of our County Board and we have the support of key officials who have addressed safety and traffic concerns,” Galasso added.

43 million people live within 3-hours of the proposed site, with an already existing attendance of 150,000 people per year to Howe Caverns and 400,000 tourist to the region each year.

“With over 330 acres of shovel ready land, a new water and sewer project near completion, a connection of Interstate and State Highways, and the close proximity to several metropolitan areas, Howe Caverns is the perfect site for one of New York’s seven casinos,” Galasso said. 

“Howe Caverns is also the only site that offers a built in attraction with pre approved plans for future development such as a hotel and water park,” Galasso continued.

The pre approval includes completed traffic, geological and environmental studies allowing for immediate construction and development at the Howe Caverns site, the 2nd largest natural attraction in New York behind only Niagara Falls.

Galasso also referenced Governor Cuomo’s desire that casinos be sited in economically depressed areas to help spur economic development and create jobs.

Schoharie County has one of the highest unemployment rates in the state.  County residents have also been faced with the devastation from two recent flooding disasters stemming from Hurricanes Lee and Irene.  

“I believe when you look at all the factors put forth in the State’s application process, Howe Caverns more than meets the criteria and is located in a community deserving of the potential economic revitalization,” Galasso said.

Howe Caverns has been in operation since 1842.  In 2007, businessmen Emil Galasso and Charles Wright purchased Howe Caverns and since that time, have updated the original facility and added outdoor attractions such as the Howe High Adventure Park.  

Howe Caverns sits on a beautiful mountainside with spectacular views overlooking the Helderberg Plateau.  It is located just off Interstate 88, about 30 minutes from Oneonta and Cooperstown to the west, and 30 minutes from Albany to the east and 2.5 hours from NYC.  

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