continued While talk of hosting a casino in Lake George has emerged repeatedly, the owners of Roaring Brook Ranch Resort on state Rte. 9N have been pursuing the concept of developing one on their property. In September, representatives of the resort made a presentation to the county board.
Proponents of siting a casino in Lake George have mentioned a price tag of about $1 billion for developing a full-fledged destination attraction. Opponents of the concept have warned of the negative consequences of a gambling casino on family life, area crime, traffic and infrastructure.
Gov. Cuomo has suggested that 90 percent of a casino’s net revenue be earmarked for education in the state and 10 percent go towards local property tax subsidy.
Tuesday, Geraghty said the county would be moving forward on the casino consideration.
“Mayor Blais is absolutely correct — we need to first reach out to see if Warren County is actually in the running for a casino, and if so, we need to conduct a study on the potential impact,” he said.