#Tioga Downs

AP News

Not only New York casinos threaten Atlantic City. Developer predicts Meadowlands casino is coming

ATLANTIC CITY, N.J. (AP) - Atlantic City casinos are facing threats on multiple fronts from new competitors not just in New York, but from within their own state. That's not great news for a seaside resort in which the amount of money won from in-person gamblers continues to lag, with seven of the nine casinos winning less from on-premises…

Industry ・ 20 April 2024

Democrat And Chronicle

Del Lago Casino is getting rid of 300 slot machines

ALBANY - There's a sure bet among New York's upstate casinos: cut their number of slot machines. Del Lago Resort & Casino on Monday became the third of the four upstate casinos to gain state approval to lower its inventory of slot machines on its gaming floor. The state Gaming Commission approved the Finger Lakes casino's request to reduce its…

Politics ・ 21 December 2023

Binghamton

Casino guest wins one of Tioga Downs' biggest jackpots

NICHOLS, N.Y. (WETM) - A lucky guest at Tioga Downs hit the jackpot on Friday night and won more than $200000. According to Tioga Downs, the guest drew two seven of diamonds before the dealer revealed the same card during a game of Blackjack Blazing 7s. This caused the player to hit the progressive jackpot of $238807. Tioga Downs referred to this…

Winnings ・ 04 December 2023

Forbes

New York Reports Gambling Revenues Are Up-And So Are Problem Gambling Calls

Online sports betting in New York added $727.4 million in tax revenues in the state's fiscal 2022-2023 year-and it looks like the trend will continue into the first quarter of the current fiscal year, according to a report by State Comptroller Thomas P. DiNapoli. But not all news is good news. The New York State Gaming Commission also noted a 26%…

Finance ・ 17 October 2023

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Casino Reports

Concerns Grow of NYC Casinos Affecting Catskills Communities

New York is in the process of awarding three full-casino licenses for the downstate region, and New York City is among the favourites to land at least two if not three. However, this has raised some concerns in Catskills communities, as the new casinos would likely affect Resorts World Catskills operations, as the region is reliant on revenue from…

Finance ・ 12 September 2023

The Daily Gazette

- Report: New York casinos failing to meet revenue projections

SCHENECTADY - Despite recent gains, New York's four commercial casinos, including Rivers Casino & Resort in Schenectady, have failed to meet revenue projections established four years ago, according to a new report released Thursday by the state's comptroller's office. The 24-page report found that local governments have collected $176 million in…

Finance ・ 04 August 2023

Finger Lakes Daily News

del Lago, Other Casinos, Falling Short of Projected Gaming Revenues

A new report from the state shows three of New York's four licensed casinos continue to lag in gaming revenues and tax contributions to host and regional local governments. State Comptroller Thomas DiNapoli's 2020 report on gaming revenues showed that all four current casinos - del Lago Resort and Casino, Rivers Casino and Resort, Resorts World…

Finance ・ 04 August 2023

Newsday

Las Vegas-style casinos 'not a sure bet' for government finances, state audit says

Las Vegas-style casinos in New York are "not a sure bet" for local government coffers, according to a state comptroller's report that says none of the four upstate met gross revenue projections in recent years. The 19-page audit, released Thursday by State Comptroller Thomas DiNapoli, found the casinos distributed a total $176 million to local…

Finance ・ 04 August 2023

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DiNapoli Releases Report on Casinos' Impact on Upstate Local Tax Revenues

From 2017 to 2022 New York's four licensed casinos brought $176 million in gaming tax revenue to host and regional local governments, but only the three smaller towns that host casinos realized significant fiscal benefits relative to their overall revenue, a report from State Comptroller Thomas P. DiNapoli highlights. "Casinos are not a magic fix…

Finance ・ 03 August 2023

City & State New York

Casino and real estate magnates are looking to hit the jackpot in New York City

Soon, three new full-scale casino licenses will be issued in the New York City area, and business interests from across the globe are looking to get in on the action. Among those vying for the rights to develop their gambling and leisure megacomplexes - the licensing fee is $500 million with a minimum investment of another $500 million in the…

Winnings ・ 07 March 2023

Casino Reports

Tioga Downs Patron Triggers Blackjack Jackpot

Last week, Tioga Downs Casino Resort in Nichols, New York State, informed of an exciting blackjack win. The management of the casino property announced that a patron has managed to win more than a US$300000 prize through the casino's game of Blazing 7's Hot Shot Progressive jackpot. And what is more impressive is that he won the prize with only a…

Travel ・ 05 December 2022

Casino Reports

Jeff Gural Says Citi Field Casino is Most Likely to Happen

In the spring, the New York State legislature officially fast-tracked the issuance of the three downstate full casino licenses. And now state real estate and gambling companies are eyeing possible locations. The owner of Tioga Downs Casino Resort, Jeff Gural, predicts that New York Mets owner Steve Cohen's plan for a Citi Field casino is most…

Travel ・ 07 October 2022

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Times Union

High stakes are involved in the bid for three New York City-area casinos but it will take a while

SARATOGA SPRINGS - The New York City area will without a doubt have three new casinos, but don't bet on all three opening anytime soon. While the law allowing non-Indian commercial casinos technically allows these downstate gambling facilities to open next year, the process for approval is so involved and tortuous that former Gov. David Paterson…

Gaming Authorities ・ 20 August 2022

The Center Square

Downstate New York getting casino gaming

Gaming Authorities ・ 17 August 2022

New Jersey Online Gambling

Meadowlands Owner: I'll Wait For NYC Casino Battles To Play Out

It has been almost a decade since Meadowlands Racetrack operator Jeff Gural first announced a partnership with Hard Rock with the joint goal of bringing a casino to his property. But even as headlines continue to be made about where three New York City-area casinos might be located, Gural told an audience at the Racing and Gaming Conference in…

Sports ・ 16 August 2022

The Daily Gazette

More money rolling into state's casinos, less tax being collected

SCHENECTADY - The slot machine tax reduction offered to New York's casinos after COVID cut into their business appears to be working out well for them. All four casinos not owned by Indian nations saw big jumps in the gross revenue from gamblers and in the net gaming revenue left after paying gamblers their winnings. But even with this increase in…

Finance ・ 25 July 2022

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Casino guest hits jackpot at Tioga Downs

NICHOLS, N.Y. (WETM) - A guest at Tioga Downs Casino in Nichols is starting their weekend off right by hitting the jackpot on a game of blackjack for over $300000. Tioga Downs Casino Resort is proud to announce that around 3:30 p.m. on Friday someone was able to hit big on the casino's Blazing 7's Progressive jackpot, with only a $5 bet. That lucky…

Winnings ・ 05 June 2022

Forbes

Slot Machines Bring In Billions, So Why Are So Many Casinos Removing Them?

I n April, Steve, a 35-year-old filmmaker from Los Angeles, was at the Venetian in Las Vegas playing a Wheel of Fortune slot machine and feeling like a million bucks. He was taking $7 spins and after an hour of sinking $500 into the machine, Steve got a gold spin bonus and won $700. The next day, he was still feeling lucky and found what he thought…

Gaming Authorities ・ 03 June 2022

New York Post

Lawmakers are pushing for casino licenses in NYC region

Now's the time to roll the dice on the Big Apple, casino proponents say. Key lawmakers, backed by the powerful hotel and casino workers union, are pushing Gov. Kathy Hochul and the state Legislature to take action this year to award up to three casino licenses in the New York City region. The move comes after the New York State Gaming Commission…

Law ・ 10 January 2022

Gambling News

Las Vegas Sands Is Reportedly Discussing Opening a Casino Near Citi Field

New York Mets' owner Steve Cohen is discussing a potential casino next to Citi Field with Las Vegas Sands Corp., as reported by numerous people who claim to be familiar with the discussions. These people claim that discussions are still in the preliminary stage. Considering the fact that the matter was private, they were given anonymity. At the…

Gaming Authorities ・ 01 November 2021

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Mets majority owner reported to be in talks with Las Vegas Sands for casino

A sports business website has reported that Steven Cohen, majority owner of the New York Mets baseball team, is in preliminary talks with Las Vegas Sands Corp. to build a casino next door to the Mets' Citi Field. A Las Vegas Sands spokesman would not comment on the report but issued a statement about the company's continuing interest in the New…

Gaming Authorities ・ 30 October 2021

World Casino News

Fresh hope for ‘downstate’ New York casino resort

The New York State Gaming Commission has reportedly launched a campaign that could eventually see up to three Las Vegas -style casino resorts opened in the highly-populated'downstate' region around New York City. According to a Wednesday report from the New York Post newspaper, the state regulator is running a'request for expressions of interest'…

Travel ・ 22 October 2021

Times Union

Casino operator claims licensing system was 'rigged'

SARATOGA SPRINGS - Inside a luxury trackside restaurant off Saratoga Race Course, dozens of gambling magnates gathered this week for an annual conference. Two days of discussions were mostly staid, but that changed during a final panel of gaming leaders held late Tuesday, when an acerbic upstate casino mogul began making public accusations. Gov.…

Law ・ 18 August 2021

WNBF News Radio

Tioga Downs Adds to Jackpot Hall of Fame

A Southern Tier casino has a new addition to its "Jackpot Hall of Fame." A little bit of skill and a lot of luck is paying off for someone at the "Mississippi Stud" poker tables at Tioga Downs. The casino in Nichols has announced a man placing a one dollar progressive side bet on top of his regular wager on a hand of Royal Flush of Spade won a…

Winnings ・ 10 August 2021

My Twintiers

Lucky man wins $137k jackpot off of $1 wager at Tioga Downs Casino

TIOGA N.Y. (WETM) - Tioga Downs Casino had a big winner on Sunday night as one lucky man hit a jackpot of over $137k on a Mississippi Stud table with a hand of a Royal Flush of Spades. The patron earned his winnings with just a $1 wager progressive side bet, his regular bet earned him some extra money on top of the $137k. This is one of the largest…

Winnings ・ 10 August 2021

The Daily Gazette

Saratoga Casino will reopen Wednesday, Rivers Casino won’t

Rivers Casino Wednesday morning announced it will reopen to the public Wednesday and will do so at 6 p.m. The Rivers Sportsbook will reopen then, as well as the slots. Table games won't yet be available, but will be as soon as possible, officials said. The new daily hours of operation will be from 8 a.m. to 2 a.m. Watch for more information later…

Land-based ・ 14 July 2021

US Gambling Sites

Harrah's Philadelphia Removes Hundreds of Slots from the Gaming Floor

Harrah's Philadelphia has removed over 500 slot games from its casino floor, after gaining approval to do so by the state Gaming Control Board. The Caesars Entertainment property will now offer more open space for patrons who visit. The Pennsylvania Gaming Control Board had no problem with Harrah's wanting to remove 563 slot games. Caesars felt…

Land-based ・ 26 June 2021

The Daily Gazette

Rivers Casino back to full capacity but still recovering from shutdown

SCHENECTADY - Rivers Casino & Resort is running at full capacity for the first time in 15 months in the wake of the state lifting most COVID-related restrictions. This does not equate to full operations, however: The casino is closed four hours a day and there's no live entertainment, no poker room and no beverage service on the casino floor. Gross…

Land-based ・ 17 June 2021

Gambling

Golden Nugget Gains New York Online Gaming Market Access

Just two days after Penn National Gaming announced a 20-year strategic partnership with Rivers Casino & Resort in Schenectady, New York, another gaming company entered into an agreement with a New York casino on Wednesday. (GNOG) announced Wednesday it has entered into a 20-year partnership with Tioga Downs Race Track for future online gaming…

Industry ・ 10 May 2021

The Daily Gazette

Schenectady, Saratoga casinos say reopening has gone well; revenue down 30%

SCHENECTADY - A month after they reopened, New York's casinos have had varying degrees of success in rebounding from their six-month COVID-19 shutdown. For the first four full weeks of operation, gross gaming revenue at Rivers Casino & Resort Schenectady was down 29 percent compared with the same four weeks in 2019. Declines at the state's three…

Finance ・ 07 May 2021

Yogonet

New York reopened casino revenues in line with expectations after first full month

or the first four full weeks of operation since reopening after a six-month COVID-19 shutdown, gross gaming revenue at Rivers Casino & Resort Schenectady was down 29 percent compared with the same four weeks in 2019. Declines at the state's three other non-Indian casinos ranged from 25 percent (Resorts World Catskills) to 34 percent (Tioga Downs)…

Finance ・ 15 February 2021

Casino Reports

Will NYS See Legal Online Betting in 2021?

New York State is preparing for a brand new era of its gambling field, ready for an expansion that has been in the working for years. Governor Andrew Cuomo recently voiced his support for mobile sports betting with certain conditions that will shape the local market by a lottery-run model. This could be potentially harmful to the budding niche. For…

Gaming Authorities ・ 19 January 2021