Sentences with phrase «city gambling revenues»

Since the legalization of slots in neighboring Pennsylvania in 2004, Atlantic City gambling revenues have dropped between 10 and 15 percent, according to McGowan.

Not exact matches

In recent days that agenda has focused more on Upstate as Cuomo rolled out details for expanded gambling, then two revenue - sharing agreements with Native American - run casinos, and now a tax program that would favor communities with SUNY schools that are primarily outside of New York City.

The City of Niagara Falls is set to receive a lump sum of $ 89 million after the settlement of a long - standing dispute between New York state and the Seneca Nation over gambling revenues.

The Senecas haven't made any revenue sharing payments to either the state or their host cities since 2009, rguing that the state violated the compact by allowing casino - style gambling at Hamburg and Batavia.

The revelation left a fog of uncertainty over Mr. Cuomo's drive to bring casino gambling to New York City, which his administration views as a key source of jobs and revenue.

Law said that was because an Orange County casino would have taken too much revenue from existing gambling operations closer to the city — and because many of the contenders faced financial uncertainties and environmental challenges.

But bringing casinos to the city would produce both revenue from tourists and locals that pour some $ 5 blllion into gambling sites at Atlantic City and Foxwocity would produce both revenue from tourists and locals that pour some $ 5 blllion into gambling sites at Atlantic City and FoxwoCity and Foxwoods.

Mr. Cuomo had led a campaign to expand gambling north and west of New York City as part of an economic development strategy to revitalize struggling areas, while providing jobs and revenues.

A report last month from PricewaterhouseCoopers said that Atlantic City's gambling revenue, which totaled $ 5.2 billion in 2006, had shriveled to $ 3.3 billion in 2011, and would shrink further, to $ 2.8 billion, by 2015.

Given the gambling revenue declines the Seneca Nation has seen in Niagara Falls in the past several years, it remains to be seen whether a private developer might be interested in building a new casino in the city.