Business NewsMarketWire • State of New York Selects Clairvest Backed Aqueduct Entertainment Group as Casino Operator at the Aqueduct Racetrack

State of New York Selects Clairvest Backed Aqueduct Entertainment Group as Casino Operator at the Aqueduct Racetrack

State of New York Selects Clairvest Backed Aqueduct Entertainment Group as Casino Operator at the Aqueduct Racetrack

TORONTO, ONTARIO--(Marketwire - Jan. 31, 2010) - Clairvest Group Inc. (TSX:CVG) today announced that the State of New York has selected Aqueduct Entertainment Group ("AEG") as the preferred bidder for a license to operate a new casino at the Aqueduct Racetrack in Queens, NY. The consortium includes Clairvest, Navegante Group Inc., GreenStar Services Corporation, Levine Builders and Turner Construction. The selection of AEG is subject to certain conditions and final documentation including an agreement with the State of New York. "Clairvest believes it has partnered with some of New York's finest and most proven construction companies," said Jeff Parr, Co-CEO and Managing Director of Clairvest. "The selection of AEG by the Governor and the legislative leaders recognizes Clairvest's experience in local market gaming, the strength of our partners and our commitment to supporting the local community."

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State of New York Selects Clairvest Backed Aqueduct Entertainment Group as Casino Operator at the Aqueduct Racetrack