Sentences with phrase «video lottery revenues»

Not exact matches

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

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.

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.

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

«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.

Language in the measure is also expected to call for a free - standing video - lottery terminal in western New York, a move that would apply pressure to the Seneca Nation to come to an agreement with the state over its $ 550 million in extra revenue owed to the state.

Suffolk County OTB executives say Long Island's first video lottery casino is the agency's last - ditch effort to emerge from bankruptcy and save itself — if the Islandia betting parlor can meet projected revenues.

The group also fears Saratoga could be shortchanged on video lottery terminal revenues used to support operations and capital improvements.

As of the end of September this year, their revenue, including video lottery proceeds, were at $ 89.3 million, or 2 percent above the same period the year before.

The legislative changes will include provisions to help video lottery terminal operators, located at several harness tracks and Aqueduct Race Track, generate additional revenue; measures that will increase aid to education.

Nassau Regional Off - Track Betting Corp. missed a deadline to pay $ 3 million to Nassau County under a revenue - sharing agreement for video lottery terminals at Aqueduct Racetrack, generating concern about whether OTB will be able to make a $ 20 million payment due next year.

Islandia Mayor Allan M. Dorman said during a public hearing last Tuesday that revenue from the casino's 1,000 video lottery terminals and OTB racing simulcasts would help reduce property taxes for village residents.

Lottery revenue grew nationally and in New York, while racino revenue, with video lottery terminals, rose aLottery revenue grew nationally and in New York, while racino revenue, with video lottery terminals, rose alottery terminals, rose as well.

The Senecas stopped casino slot revenue payments to Buffalo, Niagara Falls and Salamanca in 2009 saying the state broke its casino gaming compact with the Nation because it has allowed video lottery terminals at nearby racetracks.

In the audit, DiNapoli did acknowledge that NYRA does a good job of accounting for video lottery terminal, or VLT, revenue that is used in part for capital improvements.

Suffolk County OTB, which is opening a video lottery casino in the Islandia Marriott, projects it could bring in $ 2 billion a year in gross revenue.

When the legislature approved the state budget in July, it plugged a deficit by cutting $ 2 billion from its spending plan and by adding projected revenue from new video - lottery terminals, similar to slot...