Monthly Archives: July 2012

Doubling Down: New York Racetrack Casinos Generate Nearly Twice in Taxes as Las Vegas and Atlantic City

Doubling Down: New York Racetrack Casinos Generate Nearly Twice in Taxes as Las Vegas and Atlantic City

July 23, 2012

Nine Racinos pour $620 million into education, horse racing and other state entities (Albany, N.Y.) New York Gaming Association (NYGA) members have generated nearly double the amount of tax revenue for their home state as the Las Vegas Strip and Atlantic City casinos combined, according to recently released statistics covering… Read more »

NY Racinos: Payments Outpace Vegas and AC

NY Racinos: Payments Outpace Vegas and AC

July 23, 2012

Blood-Horse New York’s racetracks say they contributed more in various tax and revenue-sharing funding during the first six months of the year than the casinos on the Las Vegas strip and Atlantic City combined. The New York Gaming Association, which represents nine tracks with VLT casinos, says its facilities since… Read more »

NY Racinos Saw Big Money Over July 4 Holiday

NY Racinos Saw Big Money Over July 4 Holiday

July 18, 2012

Blood-Horse New York’s nine racinos saw their highest-ever win-per-machine totals during the recent July 4 holiday week on the more than 17,000 video lottery terminals operating in the state. A review of state Lottery Division records shows the win-per-machine reached $332—up from $297 during the same week a year ago.… Read more »

Monticello Casino and Raceway contributes over $12 million to state education in first six months of 2012

Monticello Casino and Raceway contributes over $12 million to state education in first six months of 2012

July 12, 2012

Mid-Hudson News In the first six months of the year, $12.3 million in funding for state education has been generated by the electronic gaming at Monticello Casino and Raceway. Charles Degliomini, executive vice president of Empire Resorts, the company that owns and operates the facility, said the average $2 million… Read more »

Aqueduct casino pays out more in winnings than any other NY racino

Aqueduct casino pays out more in winnings than any other NY racino

July 9, 2012

New York Post It’s a win-win at the Big A! The Aqueduct racino provides the biggest bang for bettors’ bucks — by paying out more in winnings than any other racino in the state, The Post has learned. Aqueduct Resorts World also is the taxpayers’ biggest friend — it’s the… Read more »

New York raked in $1 billion more than New Jersey in gambling money, making the Empire State 3rd behind Nevada and California

New York raked in $1 billion more than New Jersey in gambling money, making the Empire State 3rd behind Nevada and California

July 5, 2012

New York Daily News New York now holds the cards in its battle with New Jersey for gambling business. The Empire State has yet to legalize full-fledged casino gambling, but its eight racinos and other gambling operations have already eclipsed the gaming revenue of its neighbor on the other side… Read more »