Sentences with phrase «gambling revenues»

That fee would be applied toward a 15 percent tax on the online gambling revenues that the casinos would owe the state.

While they do not pay taxes on gambling revenues, they must use the majority of the proceeds for the common good of the tribe.

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.

SYRACUSE, N.Y. — Oneida County officials are trying to block the state from giving neighboring Madison County a bigger share of gambling revenue from the Oneida Indian Nation's casinos.

Nassau County Executive Edward Mangano, who included $ 20 million in gambling revenue in his 2016 budget, said Tuesday he supports putting electronic gambling terminals at the 430 - acre Belmont Park.

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.

In September, year - over-year gambling revenue for Strip casinos fell for the 21st straight month, despite this year's favourable placement of the Labour Day weekend, not to mention an increase in sport betting driven by football season and the Mayweather - Marquez boxing match.

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.

The language spells out the benefits of casino gambling revenue, promising that approval would mean education aid, more jobs and and extra revenue for local governments.

Without inflation factored in, total nationwide gambling revenue went from $ 27.1 billion to $ 27.3 billion.

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.

Moody's Investors Service says New York state gambling revenues have increased 30 percent in the last year.

The City of Niagara Falls is set to receive a lump sum of $ 89 million after the settlement of a long - standing dispute between New York state and the Seneca Nation over gambling revenues.

The charitable organizations, which must be registered with the state Gaming Commission and run the gamut from volunteer fire companies to veterans organizations, have seen gambling revenues drop in the face of more lottery, casino and online wagering.

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.

The casino blames its problems on the Seneca Nation of Indians, which stopped sharing gambling revenues with the state last year and used those newfound funds to lure gamblers to its own casinos in the region.

Casino floors have been noticeably quieter this year in Macau, where gambling revenues have fallen for an unprecedented 16 months straight.

ANZ Banking Group has yet to reap the full results of its foray into China, while billionaire James Packer's move into Macau through Crown has suffered from falling gambling revenue.

Because of the state government's interest in increasing gambling revenues, there is little concern for rehabilitating those addicted to gambling, and the churches offer little help to these victims.

JOLIET — The City Council will help the Park District pay for repairs at Joliet Memorial Stadium and nine park sites, agreeing this week to increase the amount of riverboat gambling revenues it will share with the district.

Duffy said New York loses gambling revenue to neighboring states such as Pennsylvania and Connecticut that offer commercial casino gambling.

Video lottery facilities like Vernon Downs pay 10 percent of their pre-tax gambling revenue to the state Gaming Commission to cover administrative costs.

The report, released on Monday, found gambling revenue in 2014 weakened overall in states that have casinos, lotteries or pari - mutuel wagering.

«This would be additional gambling revenue that there's no authorization or rules or direction as to whether or not either the City of Niagara Falls or the State of New York is entitled to a percentage,» he said.

Since the legalization of slots in neighboring Pennsylvania in 2004, Atlantic City gambling revenues have dropped between 10 and 15 percent, according to McGowan.

The governor's office and state Gaming Commission are downplaying any concerns, pointing out the state's overall gambling revenue has increased with the new casinos - and that it's too early to make judgements on how new venues will perform.

An Orange County casino would likely have generated the most gambling revenue, and thus the most taxes.

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.

Citywide gambling revenue rose 1.5 percent to $ 2.6 billion last year, the first increase in a decade, bolstered by online gambling, which was introduced in 2013.

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.

Picente says Oneida County has worked very closely with the state to try to improve its local economy, including reaching last year's settlement with the Oneida Indian Nation which brings casino gambling revenue to the county.

Indiana's plan to use gambling revenues to keep property taxes low may be ending.

That would include the opening of a similar «full - service» casino within a 65 - mile radius of Aqueduct or if Resorts World's gambling revenue drops by 10 percent or more.

(In fact, last year Macau overtook Las Vegas in gambling revenues.)

When asked if this is the best use of gambling revenue, most Canadians would rather see the money earmarked for specific purposes.

In April, gambling revenue from Macau jumped 28 % — its 21st consecutive quarter of growth.

Gambling revenue has declined 30 % to 50 % month after month since the summer of 2014.

Provincial governments devote some portion of gambling revenue to gambling addiction research and treatment (for example, in B.C., the total is 0.5 %; in Ontario, it's 2.6 %; and in Quebec, it's 2.3 %) but it appears that Canadians would like to see more done.

My feeling is that a half of one percent of gambling revenue — especially from legal sports gambling — should be set aside to pay for treatment for the unfortunates who develop a destructive addiction and as funds to finance new research and treatment.»

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.

Gambling revenue in Atlantic City and Connecticut has been declining for more than five years as gamblers opt for casinos in Pennsylvania, Maryland and New York, which is already home to five Indian casinos and electronic slot machine parlors at nine racetracks.

If all the gambling revenues went to education, why are our Upstate and Long Island school districts supported by property taxes?

However, the real problem is that gambling revenues that were to go to education do not enhance the general budget percentage for ed, but rather replace it.

Obviously, 100 % of gaming and Lottery revenue is not going to education, and / or the general fund Budget money that should be enhancing the gambling revenue for education is being budgeted elsewhere.

The Seneca and Mohawk tribes have in recent years combined to withhold more than $ 600 million in gambling revenues.

The bill pits two Central New York counties against each other in a fight over the gambling revenue.

Under the deal, Oneida County is getting the biggest share of the Oneida's annual payments to New York from its gambling revenue.

Madison County didn't have gaming at that time, but it does now, and officials say it's only fair that the county should get in on some of the gambling revenue.

Another $ 50 million will come from new Indian casino gambling revenue the county will collect, Mahoney said.