Sentences with phrase «in gambling revenues»

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

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

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.

He explains that investors in the region focus on business fundamentals: revenue, number of customers and profitability, whereas Silicon Valley will gamble on the potential of a tech business model, looking at the number of new customers and growth rate.

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

The gamble paid off in a 9 % revenue increase during the next season, 199495.

We decided to look at the states with the most revenue from commercial gambling in 2012.

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.

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

In fact, binary option trading does not even incur any taxation because the Inland Revenue even considers it to be a type of gambling.

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.

October 13, 2016 — Provincial governments have gambled big on gaming and lotteries, collecting almost $ 14 billion in revenue each year.

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.

MGM Resorts may be known for gambling, but nearly half of the company's revenue comes off the casino floor — and in the U.S., the percentage is much higher than 50 %.

The great majority of the 183 tribes that have gambling facilities (in 28 states) bring in revenues of less than $ 1.5 million yearly.

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.

Whatever the number, it appears that their hardship does not outweigh the $ 800 million in revenue the state generates each year from gambling.

He denies that such an agency would prove a political hot potato in a state which depends so heavily on gambling for its revenues.

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.»

Although the policy game is a major source of illegal gambling profit, betting on sports is, perhaps, the largest in revenue and public interest.

Not only will it create jobs and bring in much needed revenue without raising taxes but it will also deal a major blow to organized crime which has a stranglehold on the illegal gambling industry with an estimated $ 380 billion wagered annually.

Gambling on football brings in an estimated # 1 billion of revenue each year, whilst attendance globally is higher than ever before.

Proposals to allow Internet poker in New York is dividing the gambling industry, with some companies predicting increased revenue for state government while others warn it would threaten existing gambling facilities.

Gambling grilled Skelos on the tax code reform deal passed during last week's extraordinary session, repeatedly asking how it's possible that lawmakers» claims of an across - the - board tax cut while generating $ 1.9 billion in additional revenue could be true.

Opponents of gambling expansion in the state pushed back Thursday, saying such a move is about generating revenue so lawmakers can avoid raising taxes.

Gambling companies have argued for years that New York loses billions of dollars a year to casinos in Connecticut and New Jersey, costing the state jobs and tax revenue.

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

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.

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.

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.

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.

The committee spent $ 4 million in anodyne mailers and TV ads that promoted benefits like employment and tax revenue and barely mentioned «casinos» or «gambling.»

A portion of the revenue generated by casino gaming is required by law to be directed to problem gambling, but Shafer believes both the state and casino companies have little interest in helping those with additions.

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.

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

A new report shows the opening of three new casinos in Upstate New York last year has sharply increased the state's gaming revenue, but it hasn't necessarily meant great things for the already existing businesses in the gambling industry.

Cuomo is pressing for major changes to the state's charitable gambling laws to help the charitable groups reverse the slump in revenues that has eaten into their support of local activities due to expanded lottery and commercial gaming.

A new tax revenue generating project the governor is proposing is the construction of a convention center and gambling casino at the Aqueduct Racetrack in Queens.

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

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

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.

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.

Turning Stone would be granted exclusive rights to Las Vegas - style gambling in Central New York, but the Oneidas would have to give a share of their slot machine revenues to the state.

New casinos will encourage problem gamblers To the Editor: Many people who favor expanding casino gambling in our state seem to overlook that problem gamblers provide about 50 percent of casino revenues.

Slot revenue has declined in recent years from over $ 400 million amid intensifying competition from casino gambling in nearby states.

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

«In fiscal year 2014, gambling revenue has weakened,» concludes the survey which found that, adjusted for inflation, revenues dropped nearly 1 percent between 2013 and 2014.