Tuesday, June 30, 2009

New York Authorizes Expansion Into Electronic Table Games

Feather News

Although New York lawmakers didn't take action on a bill that would legalize electronic table games before they adjourned for the summer, New York lottery officials are moving ahead to allow racetracks in that state to offer the games.

The eight racetrack-slot parlors will be approved to offer the new games over the next year but the number of machines has not yet been determined. The move will result in additional revenues for the state, as much as $250 million according to one study.

Lottery officials said the expansion of games is necessary to remain competitive with the surrounding states that offer more than just slot machines, such as Pennsylvania, Connecticut and New Jersey.