And while they are entering a crowded field, analysts believe
the existing racinos, or combination harness tracks and video lottery terminal parlors, face the stiffest challenges, especially if they are near newly built casinos.
As new casinos open, or if
existing racinos are converted to casinos, it is likely that much of the customer base for such facilities will also be in New York.»
The gambling legislation lowers the tax rate on
existing racinos, like Tioga Downs, so they can compete.
A racino for New York City — an 11th hour proposal from Cuomo designed to limit opposition from
existing racino operators for an expansion of non-American Indian table - top gaming — has been jettisoned, Bonacic said.
Saratoga Casino Raceway & Capital View Casino and Resort presenters insisted their regional - themed venue planned for Rensselaer County would complement
the existing Racino, not jeopardize it.
Not exact matches
The state's
existing nine
racinos, which offer video slot machines and electronic table games without live dealers, have grown quickly.
Under Bonacic's bill, the internet poker sites would be run through the
existing casinos or racetrack «
racinos,» giving them a share of the pot.
The three - member board will decide whether to recommend that Gural's project be allowed to expand his
existing Tioga Downs harness track /
racino into a full casino.
Because Gural's plan involves adding on to the
existing harness track and video lottery machine «
racino,» it calls for a smaller dollar amount.
The
existing track /
racino is located in Nichols, Tioga County, an economically depressed region between Elmira and Binghamton.