Sentences with phrase «from video lottery terminals»
In an accounting of NYRA's financial condition for the first half of 2015 prepared for today's board meeting in Saratoga Springs, the association reported an operating loss from racing operations of $ 6.1 million before income from video lottery terminals are factored in — a loss that's 25.5 percent larger than the $ 4.9 million operating deficit for racing racked up during the same period in 2014.
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Mangano's 2016 budget proposal, released Tuesday, projects $ 20 million in new revenue for the county from the video lottery terminal parlor.
Not exact matches
Money for the public matching fund will come from a portion of the county's proceeds of video lottery terminals at Off - Track Betting parlors.
The racino, with 4,500 video lottery terminals, is expected to generate from $ 450 million to $ 600 million per year.
And despite opposition from anti-gambling advocates, the Saratoga County Chamber of Commerce and Donald Trump, a confluence of events in 2001 led to the legislature's approval of Video Lottery Terminals (VLTs) at race tracks in New York.
The penalties range from written warnings for lottery ticket retailers involved in a first violation, to $ 25,000 for un-escorted minors in Video lottery terminal parlors, race tracks or OTB tele - theaters.
AEG was the only firm to revise the amount of its bid, going from lowest to highest in the projected amount of revenue it would raise through video lottery terminals at Aqueduct Racetrack in Queens.
With 1,000 new video lottery terminals coming to the Resorts World racino at Aqueduct in Queens, supporters of thoroughbred racing are worried that the new devices could eventually detract from the money that the VLT parlor gives to the state's race tracks.
Gural recently said he wants to cut the number of video lottery terminal or VLT machines at Vernon Downs from 750 to 550 to free up more space while boosting the facility's catering business.
He plans to get $ 200 million from the group yet to be chosen to put video lottery terminals at Aqueduct racetrack in Queens, a process that's been delayed for years.
Islandia Mayor Allan M. Dorman said during a public hearing last Tuesday that revenue from the casino's 1,000 video lottery terminals and OTB racing simulcasts would help reduce property taxes for village residents.
In doing so, town officials acknowledged that state law exempts video lottery terminals and OTB facilities from local zoning laws.
The project's developer, Rochester's Tom Wilmot, sought the statement of support from the legislature to improve his odds of getting state licenses to operate a harness raceway and video lottery terminals at the former Hancock Air Force Base off East Taft Road in Cicero.
When the legislature approved the state budget in July, it plugged a deficit by cutting $ 2 billion from its spending plan and by adding projected revenue from new video - lottery terminals, similar to slot...