New York Racetracks Seek Tax Relief To Compete With Casinos

The Oneida Indian Nation’s plan to open a third casino on tribal land in central New York next year is adding to an already crowded upstate gaming market and forcing racetrack owners to ask Albany for tax relief.   

The Oneidas already own Turning Stone Resort in Oneida County and Yellow Brick Road Casino in Madison County, and upstate racinos will also face new competition next year from the tribe’s new $40m Point Place Casino near the Madison County line.

Meanwhile, the $440m Del Lago Resort & Casino in Seneca County, one of three commercial casino-resorts authorized by a 2013 New York law, has also had an impact on established racinos since it opened in February. 

To continue reading

Take a Trial