Foxwoods resort casino financial report 2016

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Welcome to the gaming industry in New York, where market forces run a distant second to politics, limiting the payoff to both casino companies and state coffers. And a different machine at that New York City venue pays yet another tax rate, 60%, because it’s assigned to neighboring Nassau County’s off-track betting corporation.

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But the one in the Catskills hands over 37% of its revenue in taxes while the one in the city pays 66%. A slot machine at Resorts World Catskills in upstate New York and a slot machine at Resorts World New York City appear identical to players.

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