Statement from Governor David A. Paterson on the Selection of AEG to Operate the VLTs at Aqueduct Racetrack

ALBANY, NY (01/29/2010)(readMedia)-- Governor David A. Paterson today announced that he and Legislative Leaders have selected Aqueduct Entertainment Group (AEG) to operate the video lottery terminals at Aqueduct Racetrack. He issued the following statement:

"After an extensive review of the five remaining bids to operate the video lottery terminals at Aqueduct racetrack, I have chosen and the Leaders have agreed the organization that best fulfills our selection criteria. AEG has both the financial viability and ability to pay the required upfront licensing fee. AEG complied with every request made during the review process and addressed satisfactorily all matters related to licensing ability. All of the groups have valid proposals, but AEG presented a comprehensive bid that enjoys community support and also offers strong marketing appeal. I thank my colleagues in government for joining me in selecting AEG, so that the State may begin to benefit from the critical revenue stream that this important economic development project will generate."

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