9 N.Y. racinos netted $1.43B during the past fiscal year

Daily News New York

“ALBANY— New York’s virtual casinos saw revenues jump nearly 30% in the previous fiscal year — with a big boost coming from the opening of the racino at Aqueduct Race Track in Queens.

The nine racinos located throughout the state recorded $1.43 billion in net revenue during the fiscal year that ended March 31, according to new state Lottery Division figures.

That’s up 29% from the $1.1 billion the racinos pulled in during the previous fiscal year.

The Aqueduct racino, which opened last October, made $252.7 million in net revenue. That’ s more in six months than all but one of the other eight racinos raked in for the full 12 months.

In March alone, the Aqueduct facility’s net revenue reached $59 million.”

READ THE FULL ARTICLE .

Leave a reply