Gambling Revenue to Increase in US

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In addition, the New York State Senate will soon consider the possibility of legalization of roulette and blackjack. Although the Aqueduct Resorts World Casino site is not open yet, eight establishments located in the territory of the state managed to obtain 111 mln US dollars during the last year for the development of the horse race industry, and 547 mln US dollars for the support of educational institutions.

As has been mentioned by James Feterstongo, the Head of the New York Gaming Association, after the launch of Aqueduct Resorts World Casino deductibles in favour of schools will reach 1 billion US dollars a year. Representatives of the state lottery also consider that the new establishment will allow replenishing the public purse for a minimum of 1 mln US dollars a day.

However, James Feterstongo notes that more funds could be allocated to the education sector if the authorities allowed equipping gambling sites. Currently, eight casinos in race courses allow playing slot machines only. Proprietaries of this business would prefer if it could be possible to play all kinds of games of chance here.

01 October 2011

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