The Casino industry in and around the capital religion saw an improved financial performance in 2018 and is preparing new promotions to keep the momentum going in 2019.
The U.S. Supreme Court in Mid 2018, allowed states to legalize betting on sports, and New York State would only need to tweak current regulation to make it happen here. Andrew Cuomo and other Democrats pursue a progressive agenda that has been thwarted for years by a Republican controlled state senate.
And for casinos another priority is getting a reduction in state taxes and fees. River Casino & Resort in Schenectady, which is a subject to a substantially higher tax rate than other non-indian casino in the state, under the language of the state’s original casino legislation in 2013, retained a lobbyist in late December 2018, state gaming commission archives show.
Del Lago Resort and Casino in the finger lakes region, which also sought tax relief, said it is struggling against the numerous indian-run casinos in Central New York that pay the state much less.
Average Per Month gross gaming revenue in 2018/2017:
1) Rivers: $12.86M/$11.66M
2) Saratoga: $10.53M/$11.45M
3) Del Lago: $12.59M/$12.38M
4) Resorts World: $13.16M
5) Tioga Downs: $6.52M/$5.77M
6) MGM Springfield: $23.48M