McCarthy lied about impact of casino

first_imgOur casino-cheerleading Mayor Gary McCarthy tried to convince Schenectady residents that a casino will help the local economy and small businesses and lower property taxes. It’s becoming clear that the mayor was untruthful about the benefits of the casino, and he was trivializing and ignoring its negative impacts. The mayor lied to property owners about their increasing property taxes and signed a worthless resolution pledging an 18 percent property tax reduction from the casino money. This year, however, he offered a measly 1 percent that was annulled by the increase in water/sewer charges.For people who demanded that the mayor sign a host community agreement with the developer, he bluntly refused and declared that Schenectady will be receiving $14 million annually of casino money, and that our zero-dollar deal is better than what other towns have signed with their casino developers. In addition to the money other towns are getting from the state, they are also receiving millions each year in direct payments from their casinos to pay for the impacts on their towns. Schenectady is only receiving what the state is releasing to it from the casino dollars that it collects. As for property owners who can no longer afford their property taxes, McCarthy will continue doing what he has done best since becoming mayor — repossess their properties, let them rot for a few years and then sell them for a fraction of what they’re actually worth, or demolish them if they don’t sell and take them permanently off the tax roll.Mohamed HafezSchenectadyMore from The Daily Gazette:Schenectady police reform sessions pivot to onlineSchenectady, Saratoga casinos say reopening has gone well; revenue down 30%EDITORIAL: Find a way to get family members into nursing homesSchenectady NAACP calls for school layoff freeze, reinstatement of positionsEDITORIAL: Urgent: Today is the last day to complete the census Categories: Letters to the Editor, Opinionlast_img read more

Ighalo joins richest players’ club

first_imgRelatedPosts Ighalo: My best moment as ‘Red Devil’ EPL: Crystal Palace stun sloppy Man U EPL: Red Devils attack Palace Manchester United loanee, Odion Ighalo, has been listed alongside his teammates, Paul Pogba and David de Gea, among others, as richest players in the age of 30 and below.Other United players who made the shortlist are Anthony Martial and Luke Shaw. Pogba leads the way from the Old Trafford outfit with a wealth of £50 million.His worth has increased by £13 million from 2019, seeing him jump up five places from eighth.Joining Pogba is goalkeeper De Gea.The Spaniard – who became Manchester United’s highest-paid star after signing a new £375,000-a-week contract in September – is joint-fourth at £34 million.His worth rose by £10 million to see him move alongside Manchester City playmaker, Kevin De Bruyne. Like De Gea, Anthony Martial signed a new deal at United last year – worth £200,000-a-week – and that increase has helped him become a new entry in this list.He sits joint-11th with wealth of £20 million alongside Liverpool centre back Virgil van Dijk, who is another new entry.Luke Shaw and Ighalo complete the quintuplet of Red Devils.New entry, Shaw, sits joint-13th with Liverpool forward Mohamed Salah at £19million.\Meanwhile, Ighalo is just beneath them in joint-15th. The on-loan striker’s £18 million (N8.8billion) wealth is explained by his substantial £300,000-a-week wage at parent club, Shanghai Shenhua.Ighalo, who will be 31 in June, is on loan at United until the end of the month with the Premier League side contributing £130,000 a week towards his wages.Tags: David De GeaLuke ShawManchester UnitedOdion IghaloPaul Pogbalast_img read more

IHG sees major resort portfolio expansion in Thailand

first_imgIHG sees major resort portfolio expansion in ThailandIHG sees major resort portfolio expansion in ThailandMulti-brand signing across key resort destinations in Thailand cements IHG’s partnership with Ratanakorn AssetIHG (InterContinental Hotels Group), one of the world’s leading hotel companies, in partnership with Ratanakorn Asset, has announced the momentous signing of eight new properties in Thailand’s key resort destinations of Pattaya, Rayong, Phuket, Khao Lak and Koh Samui. The multi-brand signing, consisting of new-builds and a conversion across the Holiday Inn®, Holiday Inn Express® and Staybridge Suites brands, will add more than 2,000 rooms and ramp up IHG’s presence in the country, which already boasts the group’s largest system size in the region. The hotels are set to open from this year to 2027.Clarence Tan, Managing Director South East Asia and Korea, IHG commented, “As a top travel destination for business and leisure alike, Thailand has always been an important market for us, serving as the regional launch pad for some of our key brands including Holiday Inn Express, Hotel Indigo and Staybridge Suites. Together with our partner, Ratanakorn Asset, we are excited to strengthen our presence here with three of our most recognised and well-loved brands. Following the inaugural signing of Staybridge Suites in Bangkok last December, these latest additions will build on our growth momentum in the country and in our resort portfolio – a testament to our steadfast commitment to provide our guests with world-class accommodation, in some of the world’s best resort locations.”Ratanakorn Asset is a well-established Thai real estate company with properties exceeding THB30,000 million in worth, located mainly in Pattaya, Chonburi and Rayong. In addition to the eight upcoming IHG developments, its extensive portfolio includes residential, commercial, industrial and retail projects.Niti Ruangratanakorn, President, Ratanakorn Asset said, “Recognising the Thai Government’s Eastern Economic Corridor (EEC) project is set to fuel growth across many industries, including tourism, we took a very strategic approach at selecting, not only the location of these new developments, but the international hotel brand with which we would partner to make bolstering our hospitality portfolio here in Thailand a success.Globally recognised for its track record, IHG is our ideal partner given its vision to build great brands guests love, placing us in good stead to meet the increasing demand for quality accommodation in these cities. We look forward to working closely with IHG to forge an exciting future ahead, and are certain the compelling brand offerings, combined with the stellar locations we have selected, will be well-received when we open our doors in the coming years.”2018 openingsHoliday Inn Express Pattaya Koh LarnLocated at the popular Tawean Beach in Koh Larn, Pattaya, Holiday Inn Express Pattaya Koh Larn will be converted from the current Sealay Resort Koh Lam. Set to open in 2018, it will offer superb access to numerous eateries, shops and the Tawean public pier, and will be a short commute away from the Bangkok Hospital Koh Larn Clinic and Na Ban public pier. A new-build element has also been confirmed as an option for the hotel.Further projects openings in the next five to ten yearsHoliday Inn Resort Koh LarnThe new-build Holiday Inn Resort Koh Larn will provide guests with a specialty restaurant, swimming pool, pool bar and gym. It will be located right on Na Ban Beach, a short five-minute drive from Na Ban public pier.Holiday Inn Resort Pattaya Na JomtienThe beachfront Holiday Inn Resort Pattaya Na Jomtien will offer easy access to the nearby Cartoon Network Waterpark, making it an ideal choice for families.Staybridge Suites North PattayaThe new-build Staybridge Suites Pattaya Wong Amat will bring extended-stay offerings to Wong Amat, Pattaya’s expat-favoured, family-friendly area.Holiday Inn Resort RayongThe new-build Holiday Inn Resort Rayong will be conveniently located right on the white-sand Mae Rum Pueng Beach, just a 45-minute drive from U-Tapao International Airport.Holiday Inn Resort Khao Lak Cape PakarangSituated just an hour away from Phuket International Airport, the new-build Holiday Inn Resort Khao Lak will offer unobstructed sea views at Cape Pakarang, which is known for its swimmable beach, staghorn coral and beautiful sunsets. It will be a short 15-minute drive to Khao Lak City Centre, also known as Bang Nieng.Holiday Inn Express Phuket KataThe new-build Holiday Inn Express Phuket Kata will be situated a leisurely 10-minute walk from Kata beach, guests will enjoy its excellent proximity to a wide selection of eateries, shopping and entertainment offerings.Holiday Inn Express Samui ChawengThe new-build Holiday Inn Express Samui Chaweng will be situated in the heart of Chaweng, it will be surrounded by shopping, dining and entertainment offerings. Guests will also be able to take a short stroll to Chaweng Beach, one of the top tourist spots in Koh Samui.IHG has 24 hotels open in Thailand across five brands – InterContinental®, Crowne Plaza®, Holiday Inn®, Holiday Inn Express®, Hotel Indigo®, with a further 14 hotels opening in the next three to five years including the launch of Staybridge Suites.Source = InterContinental Hotels Group (IHG)last_img read more