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Gaming Policy
Licenses, taxes and the expansion debates.
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Fitch: Resorts World NY EBITDA to Climb, Spending Constrains Parent Credit Rating
5+ day, 11+ hour ago (555+ words) Resorts World New York has a leg up on its two yet-to-be-built competitors in the New York City-area casino competition with Fitch Ratings forecasting a significant ramp-up in earnings before interest, taxes, depreciation and amortization (EBITDA) at the Queens property,…...
New York Dems Want Gov. Hochul to Nix “Excessive” 72% Casino Tax Rate
1+ week, 4+ day ago (1316+ words) New York Democrats are calling on Gov. Kathy Hochul (D) to block an eye-watering 72 percent tax proposal on the Big Apple’s first full-fledged retail casino. Resorts World New York City, which received one of three downstate casino operator’s licenses, is the…...