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The Chip Board Archive 22

New York casinio revenue beats NV & NJ combined!

I bet this post gets a lot of attention/views. And it is true in a sense. Everything in context. It's because of New York State's 68% tax rate. See the chart and story.

(I'm surprised too that New York's gaming revenue is so high.)

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http://www.nypost.com/p/news/local/slots_luck_nets_ny_in_taxes_sh7g72jAWEoM1ZHbu0qk5J.
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Robert
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Joseph Calleia, Jean Harlow and Spencer Tracy (l to r) in "Riffraff" (MGM, 1936). Note the dice in Tracy's hand. In small print on the lobby card, Calleia is saying, "Don't you know when you're licked. Quit before it's too late."
http://www.antiquegamblingchips.com/lobbycard2.htm

Messages In This Thread

New York casinio revenue beats NV & NJ combined!
It's the economy......
Lots of people visit NY.
Re:I wouldnt think NY machines will pay off too...
no, the 68% is v. the casino profit, not the vig
Pennsylvania Still Wins

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