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New York State Gaming Commission

All articles tagged with #new york state gaming commission

Dems urge Hochul to block 72% tax hit on NYC’s new casino
politics1 month ago

Dems urge Hochul to block 72% tax hit on NYC’s new casino

Queens lawmakers urge Gov. Hochul to intervene in a tax plan that would push Resorts World New York City’s slot revenues to a 72% tax, formed by a 56% slot tax plus a 16% separate racing obligation. The Gaming Commission says the racing payment is not a tax, and Hochul says tax rates do not include racing obligations. Lawmakers warn the uncertainty could jeopardize Resorts World’s planned $4 billion expansion, along with thousands of jobs and opportunities for minority contractors.

Tyson vs. Paul: A Spectacle of High Stakes and Extravagance
sports1 year ago

Tyson vs. Paul: A Spectacle of High Stakes and Extravagance

The upcoming boxing match between Mike Tyson and Jake Paul at AT&T Stadium in Texas is expected to set record betting numbers, with BetMGM predicting it to be the most wagered-on fight in its history. Despite Paul being the favorite, most bets are on Tyson, who is seen as an underdog. However, New Yorkers won't be able to place bets due to state regulations, as the fight's non-traditional rules don't meet New York's wagering criteria.

Trainer Todd Pletcher and Forte disqualified from Hopeful due to positive drug test.
horse-racing3 years ago

Trainer Todd Pletcher and Forte disqualified from Hopeful due to positive drug test.

Forte has been disqualified from the 2022 GI Hopeful S. due to the presence of meloxicam in his system, a non-steroidal anti-inflammatory drug not approved for racehorses in training. Forte's connections blame the New York State Gaming Commission for the eight-month delay in the case and plan to appeal the decision. Dr. Steven Barker, an expert in equine drug testing, believes the amount of meloxicam found in Forte's blood was due to environmental contamination. Forte will prepare for the June 10 GI Belmont S.