Lago Resort and Casino Hosts Beam Signing as Pace of Construction Continues to Increase
Posted on July 14th, 2016
Lago on Track to Open in First Half of 2017
TYRE, N.Y. Lago Resort & Casino Co-Chairmen Thomas C. Wilmot Sr. and Brent Stevens were joined by more than 350 Tyre and Seneca County officials, Finger Lakes region labor and business leaders, and local residents at a ceremonial beam signing today on the future site of Lago Resort & Casino in Tyre, New York. The event marked an increased pace of construction, after Lago was awarded a casino license last month by the New York State Gaming Commission, with the resort and casino on track to open in the first half of 2017.
“If it wasn’t for all of you, none of us would be here today. There would be no Lago Resort & Casino,” Wilmot told the group of more than 350 local supporters. “I have said all along that we intend to build the best resort and casino in Upstate New York and that we will be the best neighbor the people of Tyre and Seneca County have ever had. We will do that by attracting hundreds of thousands of new tourists to Seneca County and the region. These are tourists who will taste local wines, visit local attractions, buy local goods, help local businesses succeed and expand, and help grow and strengthen the economy of the entire region.”
“Lago Resort & Casino will be a world-class destination resort, serving as a gateway to the magnificent Finger Lakes region of New York State,” Stevens added. “We eagerly anticipate the grand opening of our game-changing resort and casino and look forward to bringing new visitors to the Finger Lakes region, helping local businesses, farms, wineries and breweries flourish.”
Plans for the $425 million Lago Resort & Casino off the New York State Thruway (Exit 41) include a casino and a 207-room hotel, spa, multiple restaurants and lounges featuring local fare. Lago Resort & Casino will also feature Savor New York, a unique shop highlighting the best the Finger Lakes region has to offer. The special section will promote products from the region, including local wines, beers, whiskeys, food and crafts.
The casino will feature 2,000 slot machines and 85 gaming tables. Lago Resort & Casino developers expect the project to create 1,800 construction jobs and 1,800 permanent jobs once open. To date, Lago has received 3,000 employment inquiries from individuals, with more than two-thirds coming from Seneca County residents.
Lago Resort & Casino is a partnership between Wilmorite Inc., an Upstate New York family development company that has been in business since the 1940s, and Peninsula Pacific. For more than 70 years, Wilmorite has established a history of meeting consumer demands, from affordable housing to regional malls to student housing. Peninsula Pacific comprises the former leadership team from Peninsula Gaming, which has a combined 50 years in developing and managing regional casinos in five states. JNB Gaming will manage the casino. JNB and its principals are widely recognized throughout the country as premier casino developers and operators.