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Former Partner Sues NY Aqueduct Video Slots Bidder

Stock quotes in this article: SLG  

MICHAEL GORMLEY

ALBANY, N.Y. (AP) — The former partner of a company bidding to bring lucrative video slot machines to the Aqueduct racetrack has filed a multimillion-dollar lawsuit that could further delay the project and revenues for New York state.

SL Green Realty Corp. claims that its former ally, Delaware North Companies Gaming and Entertainment, wrongly used confidential information from SL Green in an independent attempt to land the state's thoroughbred racing franchise and the video slots contract for Aqueduct.

At stake are hundreds of millions of dollars a year in revenue for the state, the racing industry, and the company that wins the latest round of bidding to install and operate video slot machines at Aqueduct. The state has sought the deal for years. ...

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