Racino revenues jump nearly 30 percent from previous year

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...

Saratoga Casino and Raceway hauls record gambling take

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...

Gaming can be a royal flush for the state

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...

OPINION: A Good Bet

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...

New York Racetracks Touting Expansion Benefits

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...