Good for NYRA

[philcski]

Originally Posted by Calzone Lord

$15 million in 10 days in New York city??

Here's Presque Isle Downs latest reported week:

It's $1.5 million in hold per day... so approximately $18.75 million per day wagered based on NYS VLT's payout of 92%. I'd expect these numbers to reach triple that when the casino is full operational.

As for table games- most casinos have a 70/30 revenue split between slots/tables so the increase in revenues won't be as much as you'd might think if it were just replacing other games. However- it does bring in a lot more people who wouldn't be caught dead pushing buttons who in turn bring people who won't play table games- so the net hold increases based on more total players significantly.

[Calzone Lord]

Yeah -- that was some seriously sloppy wording in the NY Post article.

The handle for table games isn't ever reported in the paper here. Once a month they will report the table games revenue though. Basically what's cleared. The slots figures get reported in the paper every week.