In the News

In the News

State's Racino Revenue Gets Big Boost From Aqueduct

NY1 News New York's racinos are turning out to be a winning proposition lately. The nine racetrack casinos owned and operated by the New York Gaming Association brought in about $1.3 billion last fiscal year; an increase of 30 percent over last year. Lottery officials...

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Slot$ more state school aid from racinos

New York Post New York’s nine "racinos" generated $667 million in aid for schools last year — an increase of 28 percent. The increase was fueled in part by the opening of the Aqueduct "Resorts World" racino, which generated more than $100 million in its first five...

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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...

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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...

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Batavia Downs Generates Millions For Education

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...

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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...

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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...

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Racetrack Gaming Would Generate Billions

The Business Council - CAPITAL BUSINESS BLOG By Bill Stroh Independent Study Says Constitutional Amendment Would Spur State Economy This from the New York Gaming Association: If a constitutional amendment were passed to allow for live table games at tracks, it would...

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