Saratoga Casino and Raceway is joining forces with a real estate investment group, a Native American tribe, and an affiliate of the Yankees baseball team to pursue a license to open what, if awarded, would be one of three full-service casinos in the New York City area in coming years.

“We haven’t put anything formally into anybody at this point but we expect that our group will do so,” James Featherstonhaugh said, referring to applications for a license.

Feathersonhaugh is a lobbyist and minority owner of Saratoga Casino, which is a “racino,” or video lottery terminal parlor with an adjacent harness racing track.