Sentences with phrase «about casino revenue»
BUFFALO, N.Y. - There still isn't a meeting scheduled between the Seneca Nation of Indians and New York state to talk about casino revenue.
http://senecagamingtruth.com/
The governor office says Cuomo is now no longer open to meeting with the Nation President Todd Gates about casino revenue, about $ 125 million annually, due to the state.
Gov. Andrew Cuomo and Seneca Nation President Todd Gates almost met Tuesday to talk about casino revenues.
Not exact matches
Las Vegas Sands, which operates casinos and hotel resorts, popped about 3 percent after it reported better - than - expected profit, while revenue missed estimates.
Caesars Entertainment Corp., the world's biggest casino company and Atlantic City's biggest owner with four resorts, lost about $ 6 million to $ 8 million in cash flow from $ 25 million in revenue it would have expected at its New Jersey shore and Philadelphia properties, Chief Executive Officer Gary Loveman told CNBC today.
«The opening of two new large casinos in upstate New York — del Lago Resort Casino and Rivers Casino Schenectady — have helped grow state monthly gaming revenues by about 30 %.
In exchange, the Oneidas will give 25 percent of its casino's net revenue to the state, agree to a permanent cap of about 25,000 acres of land, and apply sales tax on cigarettes and gasoline.
The two sides continue to disagree about whether the tribe is legally required to pay a percentage of its slot revenues to the state and municipalities where casinos operate.
Holmquist noted that in Oneida County - which gets about $ 12.5 million a year from Turning Stone — officials are beginning to sound the alarm about losing revenue if the new casino is built in Seneca County.
Dyster said he wouldn't comment on «hypothetical scenarios» about how to use those measurements, but did say that Niagara Falls residents are entitled to that casino revenue and he's going to try and make sure they get it.
The total is about seven percent of what the Oneida Nation realizes, from slot machine revenues, at Yellow Brick Road Casino.
«Governor Cuomo created, pushed, and passed the casino plan our state is now embarking on as a project to generate economic benefits for communities that need it and revenue for the state as a whole — and while I've had concerns about the plan's specifics, I do genuinely hope it accomplishes those goals.
«About half the revenue from the average casino comes from the net losses of problem gamblers, so the better job the state or the casinos do at deterring and curing problem gamblers and treating and helping problem gamblers recover, the lower their revenues are going to be,» Shafer said.
Developers looking to open casinos in upstate New York responded to questions about their finances and revenue projections before the state's board, the Associated Press reported.
For the first time, the Oneidas, who believe New York stole hundreds of thousands of acres from them, agreed to share their casino revenue with the state - about $ 50 million a year.
New casinos will encourage problem gamblers To the Editor: Many people who favor expanding casino gambling in our state seem to overlook that problem gamblers provide about 50 percent of casino revenues.
That is about five days of revenue at the average casino.
The three casinos could end their first year with about $ 220 million less in total revenue than they projected when they won the bids for their gaming licenses in 2014, according to a review by the USA Today's Albany Bureau.
The Nation decided about two months ago its contract no longer required it to pay the state casino revenue.
Based on the casino revenue in 2016, the last year it flowed to the city, those percentages would be used to divide up about $ 6.5 million.
Tenney has openly feuded with the Oneida Indian Nation, and opposed a 2013 gaming deal in which the Oneidas agreed to give 25 percent of their gaming machine revenue to the state (about $ 50 million per year) in exchange for exclusive rights to run casinos in a 10 - county area of Central New York.
Some legislators are concerned that the allure of money - both revenue for the state and campaign contributions from major gambling interests - has effectively killed any debate about the impact of gambling on New Yorkers, especially as the state just recently allowed the construction of a number of casinos.
Speakers such as Murka VP of Strategy Mark Beck and Huuuge Games Chairman Wibe Wagemans will discuss innovation and user acquisition in social casino while GameDesire VP Maciej Mroz will talk about different approaches to revenue for free - to - play (F2P) games.
MGM's 10 casino hotels on the Strip generated about $ 1.5 billion in third - quarter revenue, down 9 % from the same period a year earlier, underscoring the gambling mecca's bad luck.