New York’s four licensed, non-Native American casinos haven’t produced the level of financial benefits state lawmakers anticipated when they authorized them years ago.
That’s the findings of a report issued Thursday by state Comptroller Thomas DiNapoli, whose office reviewed operations at del Lago Resort and Casino, Rivers Casino and Resort, Resorts World Catskills, and Tioga Downs Casino from 2017 to 2022.
While DiNapoli’s office found those casinos generated $176 million in gaming tax revenue for local and regional local governments, the comptroller said only the three smaller towns playing host to casinos realized significant fiscal benefits relative to their overall revenue.
