Long awaited gambling report quietly released
January 25, 2021
A state-sponsored analysis of New York’s gambling landscape and the ramification of future developments was published quietly on Friday.
The report by Spectrum Gaming Group, which was due on June 1, presents estimates on future gambling revenues from the creation of New York City-area casinos (potentially more than $4.5 billion in annual gross gaming revenues), examined different tax rates for existing gambling operators, and considered the legalization of mobile sports wagering (up to $1.4 billion annually in gross gaming revenue at retail and digital outlets in three to five years).
A copy of the 358-page report is available below, and I’ll continue to make my way through it.
The state Gaming Commission originally published the report on its “Resources” page, according to multiple sources, but it was no longer there on Monday morning. A commission spokesman did not immediately respond to questions about the publication.
A Gaming Commission meeting is scheduled for Tuesday.◄ Back to News