House Speaker Richard Corcoran alerted the possible need to reconvene legislators because of the potential loss of
gambling revenue from the Seminole Tribe of Florida.
A 2013 settlement with the Oneida Indian Nation of New York provided that the Oneidas would get a monopoly on casino gambling in a 10 - county region in exchange for them sharing for the first time
gambling revenue from Turning Stone Casino & Resort with the state and with the 10 counties.
It provided the Oneidas with a monopoly on casino gambling in a 10 - county region in exchange for them sharing each year for the first time
gambling revenue from Turning Stone Casino & Resort with the state and with the 10 counties.
In April,
gambling revenue from Macau jumped 28 % — its 21st consecutive quarter of growth.
The Seneca Nation criticized the claims, saying the del Lago casino had originally projected to cannibalize
gambling revenues from both its casinos in Western New York and casinos owned in central New York by the Oneida Nation.
Not exact matches
We decided to look at the states with the most
revenue from commercial
gambling in 2012.
Read the prospectus carefully and pay special attention to: · The company's operating status — If the company has not begun operations or derives the bulk of
revenues and earnings
from sources other than its primary business, it is an outright
gamble.
Businesses deriving more than one - third of gross annual
revenue from legal
gambling activities
The revival of VIP
gambling in the Chinese enclave helped Macau witness a 19 % gain in gaming
revenue from the year before, and because Wynn Resorts (NASDAQ: WYNN) generates 60 % of its
revenue from the region, it was able to overcome weakness in its Las Vegas operations and turn in fourth - quarter earnings and
revenue that beat Wall Street forecasts.
The states of Nevada and Mississippi still take in substantial
revenue from taxes on other forms of
gambling.
Whatever the number, it appears that their hardship does not outweigh the $ 800 million in
revenue the state generates each year
from gambling.
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.»
Gov. Andrew Cuomo's administration and the SNI have had varying disagreements over collecting
revenue from cigarette sales on reservations and the casino
gambling amendment, which won first passage this past March.
Shadow chancellor Ed Balls called the decision to reduce the top rate of income tax to 45p a «
gamble» - and pointed to figures
from HM
Revenue and Customs (HMRC) which the independence Office for Budget Responsibility (OBR) has labelled «highly uncertain» to back his case up.
Local mayors and county executives across the state, including Albany Mayor Jerry Jennings, say they back the amendment because host communities will receive millions of dollars in
revenue from the
gambling centers for tax relief.
The Oneida Nation secured its exclusive rights to operate casino
gambling in the 10 - county region in exchange for sharing for the the first time
gambling revenue each year generated
from their casino operations.
The governor has asked lawmakers to expand casino
gambling, which will eventually bring in additional
revenue from related taxes and fees.
At a time when state taxes
from traditional
gambling like lotteries and casinos are flat or declining, a majority of states are now seeking to regulate — and possibly raise
revenue from — daily fantasy sports sites.
Nationally,
revenue from gambling for states was largely flat, increasing by 0.6 percent between 2013 and 2014.
Despite a rapid expansion of state - sanctioned
gambling in recent years,
revenue has been relatively weak, a report
from the Rockefeller Institute of Government found.
The state will increase its share of
revenue from video
gambling machines and will allow a number of casinos to stay open later.
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.
Under the deal, Oneida County is getting the biggest share of the Oneida's annual payments to New York
from its
gambling revenue.
Slot
revenue has declined in recent years
from over $ 400 million amid intensifying competition
from casino
gambling in nearby states.
The 30 - year bond will be paid back using
gambling revenue earmarked for Onondaga County, stemming
from a deal between the state and the Oneida Indian Nation.
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 Foxwoods.
Without inflation factored in, total nationwide
gambling revenue went
from $ 27.1 billion to $ 27.3 billion.
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.
The Oneidas are expected to pay $ 50 million a year to the state
from gambling revenues at Turning Stone casino in return for a casino monopoly in a 10 - county area.
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.
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.
The world's largest
gambling center, this Special Administrative region of China derives over 70 percent of its
revenue from casinos and the gaming industry.
Fees and taxes
from casinos and other
gambling - related enterprises make up a majority of the state's
revenue sources.
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.