Some racino operators believe the increase will increase business - and revenue for the state - at a time when there’s increased competition for gaming dollars. The bill approved by the state Legislature in June changes state tax law to increase the annual value of free play allowance credits from 10 percent to 15 percent of the total amount wagered on video lottery games after the payout of prizes.
Andrew Cuomo on Tuesday will allow Saratoga Casino and Raceway to give out more free play credits to customers, a move the facility’s operators believe will help it stay competitive in the rapidly evolving landscape of legalized gambling.
