Genting pushes for table games at Aqueduct
The proposal garnered support from the state’s horseracing interests. “The racing industry gets 16 percent of the racino industry’s net earnings,” Charles Hayward, president of the New York Racing Association, told The Saratogian newspaper. “We can take a little bit of pain in terms of reduced handle, but I think it would be… a net positive for the racks.”
The earliest table game enabling legislation could be passed in 2013.
Genting’s Resorts World New York will house 4,500 video lottery terminals and will be the ninth racino to open in the state. The industry is expected to generate $1 billion in yearly revenues.