Sentences with phrase «many video lottery»

When New York floated the idea of expanding its Quick Draw video lottery, Kindt noted that «every dollar that is dropped into gambling is a dollar that is lost to the consumer economy.»

When The Tradition blew through the Mountaineer State last year, a sign reminded diners that the video lottery machines are now in the back.

Suffolk OTB officials said they hope to submit plans soon for a proposed Medford video lottery casino following a federal court order directing county and Brookhaven Town officials to review the project.

The Senate MajDemocrats just issued a press release announcing they are supporting the state Lottery Division's recommendation of Genting NY to operate Video Lottery Terminals at Aqueduct in Queens.

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.

Suffolk Democratic chairman Richard Schaffer has reached out to town political leaders for resumes to fill jobs at the new video lottery casino in Islandia, prompting concern that the gambling hall will become a source of political patronage.

I do not believe that bailing out this casino with people's hard - earned tax dollars is the appropriate way to go about addressing this issue, especially given the fact that there are other gaming facilities with video lottery terminals who continue to struggle as a result of casino decisions and have not received the same level of support now being requested.

And following a recent agreement between Genting Group, the parent company of Resorts World New York, which is located on Aqueduct grounds, and Nassau County Off - Track Betting, the casino is set to get 1,000 new video lottery terminals, bringing the facility's gaming capacity to approximately 6,000 VLTs.

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.

Brett Houdek, president of the Medford Taxpayers and Civic Association, which had sued to stop a previous video lottery casino in Medford, called Schaffer's outreach an example of «the old - school «OTB will provide jobs for politically connected people.»

A new report finds that growth has been at the expense of other already existing gambling businesses like video lottery terminal casinos.

Suffolk OTB plans to open the casino at the Islandia Marriott hotel in February with 260 slot - machine - like video lottery terminals, and eventually expand to 1,000 machines.

Without video lottery terminals at Aqueduct, NYRA is estimated to be receiving $ 1 million a day less than anticipated since its 2008 franchise agreement.

Revenues for video lottery terminals alone did set a new record, at nearly $ 2 billion, according to the New York Gaming Commission.

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.

Suffolk County OTB's 6 - month - old video lottery betting parlor at Jake's 58 Hotel & Casino in Islandia continued its run as one of the state's most successful this summer after adding 273 terminals in late May.

NEW YORK, May 11 (Reuters)- The New York Lottery said on Tuesday it restarted its search for a video lottery terminal vendor for Aqueduct Racetrack after the previous choice was rejected amid state and federal probes.

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.

[Transportation Alternatives] A law firm hired by Gov. David Paterson to help expedite the Aqueduct Racetrack Video Lottery Terminal project has ties to one of the bidders.

The state, which licenses Tioga's racing and video lottery terminals, takes 37 percent of the profits.

The probers believe he may have secured a copy of the document — detailing proposals by competing bidders — before his client made key improvements to its winning bid to run the video lottery parlor, sources said.

NYRA had hoped video lottery terminals would be in place at Aqueduct to generate needed revenue, but the state's failure to name a gaming operator has been delayed several times and the bidding process was recently reopened.

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

Cuomo, in perhaps another attempt to win a deal with the Senecas, says in his bill that if the disagreement continues, then the state would site two additional Video Lottery Terminals, which are essentially slot machines, in Western New York.

The session was high stakes for Jeff Gural, owner of Vernon Downs harness track and video lottery «racino» in Oneida County.

Accepts the Executive's proposal but prohibits the use of any net proceeds from the lottery including proceeds from Video Lottery gaming for payment of non-lottery expenses.

Extends current commission rate paid to Monticello as a video lottery agent for one year.

Muscarella also defends his support for video lottery terminals at Belmont Park, a strategy that netted Nassau millions when the machines went to Aqueduct Racetrack instead.

Mangano's 2016 budget proposal, released Tuesday, projects $ 20 million in new revenue for the county from the video lottery terminal parlor.

«Nixon Peabody will review all legal questions connected with video lottery terminals,» Romaine said.

Everything is now on the table, from video lotteries to red - light cameras, and possibly even a higher sales tax could be employed to pull Suffolk out of its massive hole.

• SL Green wanted the right to sublease any portion of the Aqueduct video lottery casino to any affiliate without the State's consent, on terms defined by SL Green.

• SL Green did not agree to provide interim funding to support New York Racing Association (NYRA) operations until the opening of the video lottery casino.

• SL Green wanted a promise that the State would never discuss the Aqueduct video lottery casino with any other party as long as SL Green continues as the Aqueduct video lottery agent.

The county will lobby state lawmakers for approval to put a 100,000 - square - foot video lottery parlor in the western grandstand.

• SL Green wanted compensation for any video lottery facility granted «more favorable tax treatment» within 50 miles of Aqueduct.

Racinos, which operate only out of the state's racetracks, include electronic video lottery terminals, not table - top gambling and other forms of gaming found in Vegas - style casinos.

Courtney Norris, a spokesperson for CDI, said Churchill Downs is excited to strengthen its relationship with Saratoga Harness Racing, which has video lottery terminals — effectively computerized slots and table games.

• SL Green wanted to make ownership changes without the State's consent, which violates the Lottery's video lottery regulations.

Right now, video lottery terminals (essentially, electronic slot machines), are legal in New York State, but table games with human dealers, like poker and blackjack, are not.

• SL Green wanted the right to enter into material debt transactions with unidentified lenders without the State's approval, a violation of the Lottery's video lottery regulations.

«NYRA relies on Video Lottery Terminals to stay in the black, but that revenue stream isn't guaranteed to continue as strongly, especially as new casinos open up across the state,» DiNapoli said.

Fearing what could be a 40 percent reduction to video lottery terminal business in the racino at their track, a group of horsemen based at the Finger Lakes Racetrack in Ontario County are calling for the proposed Lago casino to make up some of the difference in order to support the thoroughbred racing there.

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.

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.

The Buffalo company hired by Suffolk OTB to build a mini-casino with up to 1,000 video lottery terminals has asked Islandia officials for a permit to build the facility at a 10 - story hotel in the village.

The newly adopted resolution is aimed at protecting video lottery terminal casinos that are attached to Aqueduct Racetrack in Queens and Yonkers Raceway in Westchester County, as well as the under - construction Montreign Resort Casino in Sullivan County in the southern Catskill Mountains.

Language for a new New York City racino was removed, but video lottery terminals for Long Island was added.

The racetracks were approved to get video lottery terminals in 2001, when Pataki signed a historic gaming compact that allowed for three Indian - run casinos in the Buffalo area and the Catskills, although the Catskills never got theirs.