Fresh off opening New York City’s first full-scale casino, the owner of Resorts World is already locked in a dispute with the state about how much money the company owes.
Hundreds of millions of dollars are at stake in the disagreement, which centers on the payments that casinos are required to make to support the state’s horseracing industry. The Queens-based casino argues that those “racing support” payments are included in the taxes it pays, but the state’s Gaming Commission believes that the payments, worth at least $150 million annually, must be paid on top of its taxes, according to four sources familiar with the discussions, who were granted anonymity to discuss the non-public proposal.
