"No Taxation By Exploitation:" Stop Predatory Gambling's Les Bernal Testifies Before Congress
The so-called "racino" will have 4,525 video slot machines and 475 electronic games to start, and thousands more to come in an upstairs area, and other casino-like amenities.
The Queens horse track is a short gambling budget calculator from John F.
Kennedy International Airport and millions of local workers and residents.
More than 1,300 jobs were created to build the flashy facility that includes 18 food and beverage courts, including two restaurants, four VIP lounges, a bar and theater for music and comedy acts.
It's close to a renovated A Train subway station stop and a bus stop, and there's parking for 6,400 cars.
Advocates say the subway stop provides easy access to a unique gambling opportunity, but anti-gambling forces warn the racino will addict millions of people to the detriment visit web page their families.
The enterprise, like other racinos at tracks across the state, aims to provide millions of dollars a year in revenue to the cash-strapped state and its racing industry, which is competing against casinos and other forms of gambling.
The New York Racing Association runs racing at Aqueduct, Belmont and Saratoga thoroughbred tracks, and calls it a "new era.
Others are at harness racing tracks in Central New York, Saratoga Springs and in Western New York and the Southern Tier.
Racinos were approved as a response to lost revenues stop predatory gambling new mexico the Sept.
But the most promising revenue raiser — Aqueduct — has been plagued by political squabbles and delayed by a federal investigation into the way the contract was first awarded in Stop predatory gambling new mexico />A subsequent bidding contest followed.
Aqueduct's racino is sure to further eat into Atlantic City's revenue by offering a close-to-home alternative to New Yorkers and people from northern New Jersey, a significant part of the Atlantic City casino market.
Atlantic City is nearing the end of its fifth straight year of declining casino revenues brought on by new competition popping up in neighboring states, and worsened by the continued sluggish economy.
However, a September report by the Nelson A.
Rockefeller Institute of Government found racino revenues "softening," mostly due to the opening of new facilities in the 12 states that have racinos.
They are Delaware, Florida, Indiana, Iowa, Louisiana, Maine, New Mexico, Oklahoma, Pennsylvania, Rhode Island, and West Virginia in addition to New York.
Six of 12 states reported declines in racino revenue in the 2009 fiscal year, with New York showing an 8 percent decline and Florida seeing a 15.
But there is pressure to increase government revenues and funding of the racing industry, which provides more than 40,000 jobs.
Nearby, the Shinnecock Indian tribe is considering seeking approvals to read article a casino at Belmont Park, seven miles east of Aqueduct.
Andrew Cuomo is also studying the possibility of allowing non-Indian casinos to operate in the state, with an eye toward a Catskills casino.
All hope stop predatory gambling new mexico cash in on the massive New York City market.
Anti-gambling groups, such as the national Stop Predatory Gambling based in Washington, D.
They say social service costs stop predatory gambling new mexico, families disintegrate and wealth doesn't increase, but is simply transferred and often away from low and moderate income families.
Now governments resort to gambling and lotteries.
Predatory Gambling - The Corruption of the Family
Guy Clark is chairman of Stop Predatory Gambling New Mexico. He says the state government's efforts to combat problem gambling are a ...
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