Casino gaming revenue up at Monticello and Yonkers

Mid-Hudson News

Empire City Casino at Yonkers Raceway, the largest contributor in the New York State Lottery system, saw its year-over-year net win increase by $14.7 million. At Monticello Casino and Raceway, year-over-year net win increased $4.6 million, an almost eight percent increase.

Since the electronic gaming casinos are under the aegis of the state Lottery, their fiscal years run concurrent with the state’s from April 1 to March 31.

At Monticello, the dollars spent on video gaming machines from April 1, 2011 through March 31, 2012 totaled $75 million with winnings of $69.2 million. Empire Resorts, the company that owns the facility, took home $2.4 million with $2.2 million going to fund state education.

At Empire City Casino, the total spent by players was $613.8 million with $564.3 million in winnings. The owners of the facility took home $14.7 million with $22.4 million going to state education.

All of the nine video gaming facilities saw gains in the last fiscal year and the Lottery said that is due largely to a full year of extended hours, the effective implementation of a new free play program and strong results from new electronic table games.