Sentences with phrase «as gambling revenue»
Things are looking up for most of the nation's commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady.
http://www.nystateofpolitics.com/ Not exact matches
The sprouting of these islands of legality, observers predict, will spur other states to open up their cannabis markets lest they lose out on revenue and tourism, much as the casino gambling pioneered in Las Vegas became ubiquitous across the continent.
Startups that don't gamble are likely to either lose money because they are not bringing in enough customers or they are going to simply push along, without spending much and without making any revenue, which is as good as being dead in the water.
The Association of British Bookmakers was quoted by the Daily Mail as saying: «The increase in revenue from gaming machines in betting shops of three per cent [compared to the last report] is in line with the average growth in revenue across the whole of the gambling industry [three per cent] and growth in the economy as a whole.»
As these cases were prolonged, technology changed sports gambling's revenue potential.
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.
«For state legislators, it is much harder to raise taxes on income or sales or cut spending on education or other vital services, while legalizing and expanding gambling is seen as a relatively easy and painless source of revenue and job growth,» said Lucy Dadayan, the Rockefeller analyst who wrote the report.
With the Legislature considering bills to legalize online daily fantasy sports sites like FanDuel and DraftKings, some lawmakers and advocates say any revenue for the state should go toward education, as has been traditional for gambling - generated cash in New York.
Cuomo said in his State of the State address last week that he wants to expand casino gambling in New York, both as a revenue raiser and a job - creation vehicle.
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.
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.
As more gambling halls are built, there is less revenue to share.
Northeast states are increasingly looking to gambling as a means of budget relief and a source of tax revenue.
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.
I would venture to guess that online gambling will only become more popular as the government seeks new sources for revenues.
A business activity screen filters companies that are directly active in, or derive over five per cent of their revenue from, a prohibited Muslim activity such as alcohol, tobacco, gambling or pork production.
Tired of seeing basically good companies tossed out the door for petty infractions, Pax wrestled with its conscience, then changed its guidelines in October to allow it to invest in such companies, so long as their gambling or alcohol revenues are just minor sidelines.