New York's Four Licensed Casinos Generate $176 Million in Local Gaming Taxes, Report Finds
Tuesday 11 de November 2025 / 12:00
⏱ 1 min read
(New York).- The New York State Gaming Commission has reported that gross gaming revenue from the state’s commercial casinos in October was $53.7 million, down 3.9 percent from the $55.9 million collected last month and in October 2023.
Operators retained around $40.3 million, while $13.4 million went to the state in gaming taxes. Revenue collected by slots and electronic table games is taxed at 30 percent, while table game and retail sports wagering revenue is subject to a 10 percent tax rate.
New Yorkers spent more than $500 million on slots and ETGs in October. After payouts, GGR came to around $40.2 million. Both of these figures mark slight increases compared month-over-month and year-over-year. Table games like roulette, blackjack and baccarat contributed around $12.6 million in GGR from a drop of $70.2 million, while poker tables generated $842,668. These figures dropped slightly from September and last October, which saw $15.8 million in table game GGR and $923,066 in poker revenue.
This year, New York began accepting bids for three new downstate commercial casino licenses. However, the state’s Gaming Facility Location Board recently extended the application deadline to June.
The report underscores how these revenues assist in funding public services and infrastructure in areas hosting casino operations.
Conclusion
New York’s licensed casinos are providing significant financial support to local governments, with $176 million in gaming taxes reinforcing community budgets and public services throughout the state.
Categoría:Reports
Tags: Sin tags
País: United States
Región: North America
Event
SiGMA North America 2026
01 de September 2026
Manuel Jiménez, CEO of SoluestBet: "Mexico is a priority market for us"
(Mexico City, SoloAzar Exclusive).- Manuel Jiménez, CEO of SoluestBet, analyzed his visit to SiGMA North America and highlighted the priority role of Mexico as a gateway between Latin America and North America. The executive also pointed out the opportunities for suppliers that manage to combine technology, commercial structure and solid relationships with operators in the region.
Monday 21 Sep 2026 / 12:00
Rocío Moitino of Ready Play Gaming looks back on her visit to SiGMA North America
(Mexico City, SoloAzar Exclusive).- After visiting SiGMA North America, Rocío Moitino Head of Sales, Latin America at Ready Play Gaming, analyzed the opportunities of the Mexican market and the new demands of operators. The executive highlighted the importance of combining product, distribution and commercial strategy, in addition to the potential of alternative formats to traditional slots.
Monday 21 Sep 2026 / 12:00
"Technology can be global, but execution in LATAM must be local": Borut Leban on Timeless Tech's Regional Expansion
(Mexico City, SoloAzar Exclusive).- Following a highly successful showing and a 'Best Aggregator 2026' award at SiGMA North America, Timeless Tech CEO Borut Leban reflects on the company's strategic growth across LatAm. In this interview, Leban discusses the necessity of deep market localization, concrete new business opportunities, and the upcoming launch of their unified retention ecosystem, Timeless Arena.
Friday 18 Sep 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
