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 »
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 »
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 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 »
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 »
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 »
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 »
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 »
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 »
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 »