In the News
In the News
Monticello Casino and Raceway generates $24.4 million for state education
Mid-Hudson News Monticello Casino and Raceway generated $24.4 million for education in New York State during the 2011-12 fiscal year, according to data released by the New York State Division of the Lottery. A total of 39 percent of the facility’s net win goes...
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 $1.3 billion last fiscal year; an increase of 30 percent over last year. Lottery officials...
Slot$ 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...
Tracks Tout Revenue From VLTs For Schools, And Their Profits Soared Too
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...
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...
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...
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...
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...