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Pennacchio renews New Jersey racino call after New York casino recommendations

Regulation

New Jersey Senator Joe Pennacchio has renewed his call to allow slot machines at the state’s racetracks after New York’s Gaming Facility Location Board recommended three New York City casino licences. Pennacchio said New Jersey risked losing gaming revenue across the state border; the New York State Gaming Commission is due to make a final decision on the applications on 31 December.

The proposal could change whether New Jersey racetracks may offer slots as New York advances three casino applications.

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New York casinos report $194.9 million in October revenue

New York casinos generated $194.9 million in revenue in October, according to New York State Gaming Commission figures. Slots accounted for $135.3 million and table games for $58.3 million; Resorts World New York City recorded $134.3 million, the highest total among the state’s casinos.

New York casinos recorded $194.9m in revenue in October, up 248% year on year, with the increase boosted by Resorts World New York City launching live table games in April.

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