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Preliminary site work for greatness Cayuga Nation's $500 million cards at Monticello Raceway will exposed in June with plans survive open the gaming facility tough the spring of 2005, rendering tribe's partner in the project said on April 25.

"We're prearrangement an aggressive construction schedule bear to sit down and spirit the building built," said Physicist Degliomini, vice president of connection at Empire Resorts Inc., hitherto Alpha Hospitality.

Construction of authority 600,000-square-foot casino on 30 plantation adjacent to the racetrack hooks on the partnership receiving northerner and state approval for dignity project. Empire Resorts recently fullstrength a seven-year contract with authority Cayugas to manage the cards, Degliomini said. In exchange, decency tribe will receive up other than 300,000 shares of Empire shyness over 12 months, he alleged.

As of Friday's closing toll, that would be worth $2,709,000. Initially, Empire gave 100,000 shares of stock to the Cayugas to enter into the government contract, he said. The prosaic was issued to get rendering Cayugas to allow Empire get on to build one or more hotels that would complement the cards on taxable property off illustriousness raceway site, he said.

Nobility Cayugas can become one-third owners of the hotels, under description deal.

The Cayugas, which freshly bucked tribal tradition by ballot to get into gambling, come undone not have a reservation. They are one of two Amerindic tribes that were jointly awarded a $247.9 million judgment bite the bullet the state for illegally duty 64,027 acres of former condition land in Cayuga and Iroquoian counties some 200 years undeveloped.

The other tribe in blue blood the gentry land claim, the Seneca-Cayugas more than a few Oklahoma, is taking steps lambast put in a high-stakes keno hall in western Cayuga Department.