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Sunday, October 14, 2012

Aqueduct: Almost 3 Slot Machine per EMPLOYEE


In terms of CRIME, what does 'negligible' mean? Let's talk facts and statistics! Having grown up in New York, I watched as OTB sucked the lifeblood out of poor communities, made them unlivable, chased out small businesses and caused unimaginable blight. New York politicians have never been honest about the effects of Predatory Gambling. 


New York politicians are a dazzling bunch that refuse to do the hard work of 'reform' and instead seek the lazy way. Wait until they reveal the Wizard!  

Aqueduct racino and tax coffers in the chips


    October 13, 2012 


This is one gamble that paid off.
The Aqueduct Resorts World “racino” in Queens is celebrating its one-year anniversary — amid positive reviews from state officials and community leaders that the facility has boosted jobs and swelled Albany’s coffers in a fragile economy.
Gamblers have waged more than $11 billion in bets playing at the Big A’s 5,000 video lottery terminal slots and electronic table games.  [AUTOMATED TABLE GAMES.] 
Operated by Malaysian-based Genting, the casino has more than 1,750 workers and has generated more than $410 million in revenue for the government. Of that, $263 million funds public education and $86 million goes to prop up New York’s horse-racing industry. [Taxpayer subsidies for the DEAD Horse Racing Industry]
2.9 Slot Machines per Low Wage Employee
“I give the casino an ‘A’ grade. It’s running. It’s making money. The impact on the community has been negligible,” said Betty Bratton, chairwoman of Community Board 10 in Ozone Park, where Aqueduct is located. 
“The two concerns we had in the beginning was traffic and crime — neither of which materialized. Overall, we are very pleased,” added Bratton.

[In terms of CRIME, what does 'negligible' mean? Let's talk facts and statistics! Having grown up in New York, I watched as OTB sucked the lifeblood out of poor communities, made them unlivable, chased out small businesses and caused unimaginable blight. New York politicians have never been honest about the effects of Predatory Gambling.]
The casino opened its first wing on Oct. 28 of last year. The second level opened by year’s end.
“Resorts World is proud to have far exceeded all first-year revenue and tax expectations this year, even while being completely open for just ten months,” said RW casino president Michael Speller.

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