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New York State to Pass Nevada in Gaming Tax Revenue • This Week in Gambling
The US state of New York is on track to generate more casino tax revenue than Nevada in the current year, according to a new report by the American Gaming Association (AGA). In 2015, New York collected $888.4 million (€803.2 million) in tax revenue, 2.8% more than in the previous year, while Nevada generated $889.1 million, 0.87% up on the previous year. However, according to the AGA, should trends continue, New York will overtake Nevada with this year’s figures and move into third place for collecting tax revenue from casinos within its borders. Pennsylvania is some way out in front,...
This Week in Gambling