Park Place fine by NY

Aug 27, 2002 5:54 AM

Park Place Entertainment was given the all clear from the U.S. District Court to begin plans to build a casino resort in New York’s Catskill Mountains.

Judge Colleen McMahon dismissed all claims that the Las Vegas-based corporation improperly interfered with competitors’ attempts to develop a casino with the Saint Regis Mohawk Tribe in the Catskills.

"We’re delighted by the court decision, which vindicates in unambiguous terms the position that Park Place has taken from the beginning," said Kim Sinatra, the company’s executive vice president and chief legal officer.

Park Place is the world’s largest gaming company, with interests in 28 gaming properties operating under the Caesars, Bally’s, Flamingo, Grand Casinos, Hilton and Paris brand names.

The $1.8 billion lawsuit was brought by Catskill Development, claiming that Park Place tried to persuade the Mohawks to throw out their agreement for a casino near Monticello and secretly signing an agreement with the entertainment corporate giant.

New York Gov. George Pataki officially signed the compact last week with the Indian tribes that would allow for casinos to be built in the Catskills, Buffalo and Niagara Falls.

Residents of the Catskills have long been in favor of building casinos and were "delighted" with the case dismissal, according to an Associated Press report.