$500 Million In State Revenues Projected From New Racino
New York State, that is.
A new “racino” with only electronic gambling is set to open next month at Aqueduct Racetrack in Jamaica, NY. The facility is expected to generate $10 billion in annual betting, $500 million in annual revenue to the State of New York, and 1300 jobs. The $10 billion bet at Aqueduct will top the $7 billion annual handle at the Empire City Casino at Yonkers Raceway.
So says today’s New York Post.
The Meadowlands Racetrack is closer to Mid-town Manhattan than Jamaica or Yonkers.
Would someone tell me again why New Jersey is leaving all of that money “on the table?”
Posted: September 21st, 2011 | Author: Art Gallagher | Filed under: Horse Racing Industry | Tags: Aqueduct, Horse Racing Industry, Meadowlands Racetrack, New York Post, Yonkers Raceway | 4 Comments »