“You’ve got to give this some time to build their businesses.

“Obviously there is a pie that is divided up too much,” said Alan Woinski, president of Gaming USA Corp., a New Jersey-based gambling consultancy.Ī spokesman for the state Gaming Commission said it will be more accurate to analyze third-year revenues, where the casinos are more established.ĭel Lago spokesman Steven Greenberg noted that their hotel only opened this summer and that they are confident about growth in 2018. The Oneidas, who operate the Turning Stone casino in central New York, also run a mini-casino casino in a strip mall near Syracuse. New York, year-over-year growth in inflation-adjusted tax revenues from VLT facilities and casinos has been weak in the most recent years. An Albany whistleblower who spotted the casino item buried in the budget said it seemed that Hochul was far more concerned about inserting language to rig the bidding process in favor of casino. Aside from the five full-scale Indian casinos, New York is home to ten “racino” horse tracks with video lottery terminals. The tribe and the state are headed to arbitration in the dispute over compact terms.Īnalysts blame a crowded market for the disappointing new casino revenues. The Indian casino payments are down steeply this year because the Senecas stopped making payments for their three western New York casinos. That comes in addition to gambling revenue from horse tracks and five Indian casinos.

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