They were allowed at horse tracks to rescue the racing industry but mostly to funnel millions in tax proceeds to Albany after the fallout from the 9/11 attack had hit the budget. In 2004 the state added video lottery terminals, or VLTselectronic gaming machines linked to a central random-number generatorand shoehorned them under the legal authority for lotteries and bingo. Often, the decisions have been more dependent on what is politically achievable or advantageous.Ĭasino gambling came to New York in 1993 when the Oneida Indian Nation opened Turning Stone Resort Casino near the states geographic center. The paradox that is gaming in New York begins with the unassailable fact that gaming is largely a creature of the political process, wholly dependent on decisions that are rarely put through an economic calculus, says the reports opening paragraph. More than a year in the making and expanded to 500 pages to cover the effects of COVID-19, the report describes a gaming landscape littered with excessive regulations and political considerations that trump economic reality.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |