Legislative Gazette Looking for a leg up in the race for full casino licensing, the nine member racinos in the New York Gaming Association have released financial data based on figures compiled by the New York Division of Lottery for the fiscal year 2011-2012. Included is the amount of money… Read more »
New York Gaming Association: Good for Education, Good for New York $667 Million – Enough for Nearly 10,000 Teachers – Generated in 2011 (Albany, NY) – The nine racetracks that make up the New York Gaming Association (NYGA) have generated $3.15 billion for education since 2004 – including nearly $667… Read more »
Mid-Hudson News Monticello Casino and Raceway generated $24.4 million for education in New York State during the 2011-12 fiscal year, according to data released by the New York State Division of the Lottery. A total of 39 percent of the facility’s net win goes directly to the Lottery to fund… Read more »
NY1 News New York’s racinos are turning out to be a winning proposition lately. The nine racetrack casinos owned and operated by the New York Gaming Association brought in about $1.3 billion last fiscal year; an increase of 30 percent over last year. Lottery officials attribute most of the increase… Read more »
New York Post New York’s nine “racinos” generated $667 million in aid for schools last year — an increase of 28 percent. The increase was fueled in part by the opening of the Aqueduct “Resorts World” racino, which generated more than $100 million in its first five months. And Yonkers… Read more »
WBTA Batavia Downs Casino generated nearly $17 million for New York state education. The money was raised during their 2011 fiscal year, that’s April 2011 to March 2012. Batavia Downs President Michael Kane said the revenue will go to many school districts throughout the state. “We feel that we’re an… Read more »
The Business Review Saratoga Casino and Raceway took in record revenue from gambling during the past 12 months, according to new data from state regulators. The Saratoga Springs venue posted a net win of $156 million from April 2011 through March 2012, the span of the state’s most recent fiscal… Read more »
LoHud The New York Gaming Association, the lobbying group for the state’s nine racetracks, is touting the nearly $667 million that the state’s video-lottery terminals generated for education in the 2011-12 state fiscal year, which ended March 31. Records from the state Lottery shows that the net win—the amount that… Read more »
Extraordinary Revenue Generated by New York State Gaming Association Members (Albany, NY) The nine racetrack casinos that make up the New York Gaming Association (NYGA) generated nearly $667 million for education in fiscal year 2011-2012, according to recently released data by the Division of Lottery. As part of NYGA’s ongoing… Read more »
New York Daily News The Aqueduct racino raked in $252.7 million in net revenue for the fiscal year ALBANY— New York’s virtual casinos saw revenues jump nearly 30% in the previous fiscal year — with a big boost coming from the opening of the racino at Aqueduct Race Track in… Read more »