Study Says Says Expanded New York Casinos Should be Located at Pari-Mutuels

Study Says Says Expanded New York Casinos Should be Located at Pari-Mutuels

New York Governor Andrew Cuomo recently called for a constitutional amendment that would allow more casino games, including poker, blackjack, roulette and craps, in addition to video gaming. It is estimate that New York residents spend about $3 billion a year at out-of-state casinos with these table games.

Operators of the racetrack casinos are concerned that bigger gaming companies may move into New York and open casinos at popular resort destinations, taking away from their business.

While state lawmakers have been considering legislation that would allow for gaming expansion, no details have been released. Gaming legislation would need to be approved by two separately elected state legislatures as well as New York voters via a statewide public referendum. It could be put on a ballot November 2013 at the earliest.

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