Developers drop plans for Catskills casino

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THOMPSON, N.Y. (AP) — A development group that wanted to build a casino in the Catskills is dropping out, saying the possibility of a competing casino closer to New York City would make their proposal unsustainable.

Trading Cove and the Stockbridge-Munsee Community of Wisconsin say Thursday they will not bid for a gaming license in the Sullivan County town of Thompson. The developers say the possibility of a casino in neighboring Orange County would dilute the market.

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