ALBANY — It's still early in the game, but New York's gamble
on casino gaming is already showing signs it may not pay off as planned for the state.
With the public referendum
on casino gaming just weeks away, new polls indicating New York voters are keen on building more state - run casinos are being questioned by anti-gambling groups.
A strong majority of New Yorkers, meanwhile, are ready to make a bet
on casino gaming expansion.
It's still early in the game, but New York's gamble
on casino gaming is already showing signs it may not pay off as planned for the state.
Not exact matches
Casinos on the Strip earned a profit of $ 814 million during the fiscal year that ended June 30, according to data from the Nevada
Gaming Control Board.
Casino Gaming School offers courses in blackjack, craps, poker, mini Baccarat, roulette, and Pai Gow poker, which is a card - based variation
on Chinese dominoes.
Casino Gaming School mints dealers like quarters: training them in every nuance of gameplay, demonstrating how to spot cheats, helping with job placement — even giving advice
on grooming.
The letter also reminds
casinos that they must take a risk - based approach to compliance, focusing
on gaming that presents the greatest money laundering threat.
The AGA, which lobbies
on behalf of
casinos and
gaming companies, has been leading the charge to kill PASPA (the Professional and Amateur Sports Protection Act of 1992), the federal statute that essentially banned sports betting everywhere in the US but Nevada.
If you aren't a connoisseur of
casinos, you might assume that the towns of Reno and Las Vegas are very similar, given that they both rely heavily
on the
gaming industry.
TPG in the United States has investments in the
casino industry through its stake in Caesars Entertainment, formerly known as Harrah's, and will need to overcome complex regulations in the
gaming industry, along with «tied house» regulations governing the hospitality and entertainment industries.These tied house regulations put strict controls
on the ownership structures of companies involved in the supply of alcohol to hotels, bars and entertainment venues.
Casino executives did just that and agreed that adding bingo on an ongoing basis would round out the largest resort / casino in the western United States» gaming offerings for its g
Casino executives did just that and agreed that adding bingo
on an ongoing basis would round out the largest resort /
casino in the western United States» gaming offerings for its g
casino in the western United States»
gaming offerings for its guests.
Welcome to SportsBettingSource.com — my personal spot
on the Internet where I plan to share with you some interesting insights and plenty of valuable information
on sports betting and online
casino gaming.
Mass Audubon does not have a position
on the moral, social or cultural implications of
gaming or gambling, but we do have concerns and suggestions regarding development of large - scale
casino complexes.
As expected, state
gaming regulators
on Tuesday approved a
casino license for the Tioga Downs Casino in the town of Nichols — adding a fourth casino to upstate New
casino license for the Tioga Downs
Casino in the town of Nichols — adding a fourth casino to upstate New
Casino in the town of Nichols — adding a fourth
casino to upstate New
casino to upstate New York.
When it comings to
casino gambling, New Yorkers remain evenly divided at 46 - 46, down from 49 - 42 last month,
on whether to allow the expansion of non-Indian run
gaming facilities across the state.
HTC, a small but influential labor union that has played pivotal rolls at the Capitol in recent years
on issues like the legalization of
casino gaming, worked with the Real Estate Board of New York to counter a well - funded campaign backed by Airbnb.
The Massachusetts
Gaming Commission is
on track to award a
casino license to one of three competitors in the region by April 2014.
Finally, under new Racing, Pari - mutuel Wagering and Breeding Law § 1330 - a, any current
gaming licensee who spends more than $ 1,000 supporting or opposing the November referendum on casino gambling must file their expenditure reports with the Gaming Commission as well as with the state Board of Elec
gaming licensee who spends more than $ 1,000 supporting or opposing the November referendum
on casino gambling must file their expenditure reports with the
Gaming Commission as well as with the state Board of Elec
Gaming Commission as well as with the state Board of Elections.
In addition to the
gaming and racing, the
casino - resort has a new clubhouse, an
on - site arcade, a heated indoor salt - water pool, and an outdoor pool area, complete with a water slide and cabanas.
The Governor and Legislature have reportedly reached agreement
on casino gambling enabling legislation, titled the Upstate New York
Gaming Economic Development Act of 2013 (A. 8101 / S.5883).
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.
State Sen. John Bonacic (R - Mount Hope), chairman of the Racing,
Gaming and Wagering Committee, proposed permitting betting
on professional and college sports, with
casinos giving the state 8.5 percent of gross revenue, which could bring in $ 10 million to $ 30 million annually to state coffers.
On May 14, the New York State
Gaming Commission sent a letter to all «interested and involved» parties requesting each agency detail their «potential jurisdiction» and include any issues that should be considered in the state's environmental quality review act process, or SEQRA, of the proposed expansion at Saratoga
Casino and Raceway.
While upstate New York waits for the
Gaming Commission to approve up to four casinos, anti-casino group Save East Greenbush has released the results of an Election Day exit poll that asked voters how they felt about a gaming hall going up on Thompson Hill
Gaming Commission to approve up to four
casinos, anti-casino group Save East Greenbush has released the results of an Election Day exit poll that asked voters how they felt about a
gaming hall going up on Thompson Hill
gaming hall going up
on Thompson Hill Road.
The state
Gaming Commission is still reviewing the court's ruling and has not begun to roll out draft regulations that would eventually enable the new upstate
casinos to provide sports gambling
on their premises.
Lobbyists, lawyers, and
casino leaders met up this week at the 15th Annual Saratoga Institute
on Equine, Racing, and
Gaming Law, hosted by Albany Law School.
In the Capital Region, the operators of Saratoga
Gaming and Raceway are moving forward with a proposed hotel expansion after losing out
on full - size
casino bids in the Capital Region and Hudson Valley.
Members of the board that will decide where to place up to four
casinos won't have a decision when state
gaming regulators meet
on Friday, according to a letter released this afternoon.
«If there's going to be more than one
casino in the metropolitan area, then we should not deprive the upstate communities,» Bonacic said in a panel discussion at the Saratoga Institute
on Racing &
Gaming Law that attracted about 100 lawyers, lobbyists and others tied to the racing and gambling industry.
The East Greenbush
casino partnership — Saratoga
Gaming and Racing and Churchill Downs Inc. — have released this new rendering of their proposed $ 300 million
casino development
on Thompson Hill.
«
On behalf of my family, everyone at Wilmorite and our Lago Resort &
Casino partners, employees and supporters, I want to thank the New York State
Gaming Commission for the trust they have shown in us,» Wilmot said in a prepared statement issued seconds after the commission unanimously approved the license in New York City.
The Erie County district attorney's office confirmed Tuesday that it was investigating allegations by commission workers who claimed they were eavesdropped
on by the Seneca
Gaming Authority, operators of the tribe's
casinos in downtown Buffalo, Niagara Falls and Salamanca, near the Pennsylvania border.
He said he can't comment
on a bailout when he's not sure how much the
casino wants, but he said the state should've foreseen these struggles when it approved del Lago in a region already saturated with
gaming.
Leaders of the Seneca
Gaming Corporation offered a glimpse inside of construction
on the brand new
casino.
The Seneca Nation and Seneca
Gaming Corporation on Friday announced a plan to expand the Buffalo Creek Casino, creating new gaming space and a new restaurant space on the upper
Gaming Corporation
on Friday announced a plan to expand the Buffalo Creek
Casino, creating new
gaming space and a new restaurant space on the upper
gaming space and a new restaurant space
on the upper level.
ALBANY — Governor Andrew Cuomo signed the legislation
on Tuesday that will now put the issue of legalizing
casino gaming before voters in November.
The non-binding resolution concludes that if New Jersey voters approve a
casino expansion in November, New York lawmakers will ask Gov. Andrew Cuomo to direct the New York State
Gaming Commission to perform a market study of the potential impact the New Jersey
casinos may have
on the state and its existing
casino licensees.
The governor also reiterated that he would make his position
on the expansion of
casino gambling in New York known in January (when the new session and budget season both start), but added that regions shouldn't include
gaming as forgone conclusion in their job creating plans.
While Cuomo himself stayed for the most part silent
on the amendment's passage, the effort to promote the referendum was led by NY Jobs Now, a coalition of labor unions and
gaming operators that stood to benefit from
casino approval.
Cuomo and legislative leaders in December annonuced they had reached a gentleman's agreement
on expanding
casino gaming in New York, which for now is relegated to the state's Indian tribes.
State
gaming regulators
on Friday indicated they would undertake a new request for proposal process to receive new bids for a Southern Tier - based
casino following a personal request from Gov. Andrew Cuomo last month.
The state's
gaming facility location board
on Wednesday awarded
casino licenses to project bids in Sullivan County, Schenectady and the town of Tyre in Seneca County.
Developers seeking up to four lucrative licenses from the state
Gaming Commission have told officials
on the
casino location board that a
casino placed in Orange County would likely cut off any revenue for a
casino built in the Catskills to the North.
«That's why, in order to honestly evaluate the circumstances surrounding the placement of any new
casinos in our state, I am hereby formally requesting that both the New York State Department of Labor and the New York State Empire State Development Corporation provide statistical data
on employment numbers concerning the state's
gaming industry — currently, and two years from now.
The New York
Gaming Association, which believes Gov. Andrew Cuomo's casino expansion proposal would put its members at a competitive disadvantage, has commissioned a poll that finds voters aren't big on the governor's Plan B if the Legislature fails to pass his gaming bill: Expand VLTs across the state, including in New York City's outer bor
Gaming Association, which believes Gov. Andrew Cuomo's
casino expansion proposal would put its members at a competitive disadvantage, has commissioned a poll that finds voters aren't big
on the governor's Plan B if the Legislature fails to pass his
gaming bill: Expand VLTs across the state, including in New York City's outer bor
gaming bill: Expand VLTs across the state, including in New York City's outer boroughs.
As Cuomo tells it, the long standing disputes with Seneca, Oneida and St. Regis Mohawk Indian nations wouldn't have been resolved without first pushing to expand
casino gaming in New York to allow non-Indian commercial operators in
on the action.
The
Gaming Commission's website is also posting the names of the lobbyists who are representing the various
casino developers, and the state is contracting with a Chicago - based law firm to conduct extensive background checks
on the companies wishing to build
casinos.
In a letter to Cuomo released
on Tuesday, Dwyer points to Cuomo late last week calling
on the state's
gaming facility location board to re-open the
casino siting process in order to award a fourth
casino license to a Southern Tier - based project.
Moody's says the outlook
on the
gaming industry in the United States writ large is negative due to weakening revenues, lower demand and high fixed costs — suggesting the long - term impact in New York from
casino revenue may be elusive.