In The News

Tracks Tout Revenue From VLTs For Schools, And Their Profits Soared Too

Tracks Tout Revenue From VLTs For Schools, And Their Profits Soared Too

April 9, 2012

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 »

Gaming can be a royal flush for the state

Gaming can be a royal flush for the state

March 29, 2012

The Queens Courier By James Featherstonhaugh President of the New York Gaming Association New York State has been in the gambling business for decades. But for the first time in our state’s history, lawmakers in Albany are acknowledging that reality, and have started a process to take advantage of it… Read more »

OPINION: A Good Bet

OPINION: A Good Bet

March 21, 2012

The New York Observer By The Editors Yes, gambling is going on all around us, and nobody is shocked to hear about it. That’s why Governor Cuomo and the State Legislature were right to take a big step toward the construction of seven new casinos in the state. Simply put,… Read more »

New York Racetracks Touting Expansion Benefits

New York Racetracks Touting Expansion Benefits

February 28, 2012

Blood HorseBy Tom Precious New York’s nine racetracks, which are lobbying to expand their businesses into full-fledged casinos, claim 8,200 permanent jobs would be created if they are permitted to enhance their gaming operations. A racetrack-funded study estimates that letting the racetrack casinos expand beyond video lottery terminals to Las… Read more »

Racino study: Broader gambling options would bring jobs, revenue

Racino study: Broader gambling options would bring jobs, revenue

February 28, 2012

Post Star A study commissioned by a lobbyist for Saratoga Casino and Raceway and similar businesses forecasts nearly 600 new jobs and almost a million dollars in new local tax revenue each year if table games are legalized in New York. County officials, however, have yet to weigh in on… Read more »

Racetracks Say They Would Generate $3.3B From Table Games

Racetracks Say They Would Generate $3.3B From Table Games

February 28, 2012

Politics on the Hudson By Joseph Spector The New York Gaming Association, the lobbying group of the state’s nine racetracks, said in a report today that the tracks would generate more than $3.3 billion in economic output and create more than 17,000 construction-related jobs if they could add table games.… Read more »

What A Long Shot: Casino Industry Says Gambling Good For State Economy

What A Long Shot: Casino Industry Says Gambling Good For State Economy

February 28, 2012

Daily News I would have hardly bet against this one: a new “independent study” released today by the New York Gaming Association says the legalization of casino gambling would generate big bucks for the state. According to the study, major investments planned by the nine racinos already in existence would… Read more »

$3.3 billion spills to NY "if" tracks get casino games

$3.3 billion spills to NY "if" tracks get casino games

February 28, 2012

Times Union – Capitol Confidential By James Odato The operators of the nine racinos statewide claim they will build up their enterprises in ways that would generate $3.3 billion in economic output in New York including 17,400 jobs — “if a constitutional amendment was passed to allow for live table… Read more »