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VERNON, NY -- If anyone should know the inner workings of the growing casino gaming industry in New York state, it might be Jeff Gural. His company,  American Gaming and Entertainment, owns one of the state's newer full-service casinos, Tioga Downs in Nichols between Binghamton and Casino 06. It  also owns Vernon Downs, a harness racing track between Syracuse and Utica that added video gaming machines ten years ago to become one of the state's "racinos.

He expects it to perform even better when he opens a hotel there this fall. Vernon Downs, on the other hand, is losing money, Gural says. He's lobbying state lawmakers for a tax casino 06 on video gaming revenues there. The state Senate has approved a 10 percent casino 06 cut; the state Assembly has not yet offered a similar bill.

With the end of the state Legislature session looming next week, Gural has announced tentative plans to close Vernon Downs, shutting down the http://ge-sen.info/casino-tropicana-miraflores.php area, racetrack and hotel over a period from September to Casino 06. Vernon Downs sets tentative closing dates. He's still hopeful that the state will provide some help to avert the shutdown. Casino 06 a "no-brainer," he says.

It would also throw people out of work. For Vernon Casino 06, he casino 06, the issue is a combination of increased gaming competition three new full casinos opened in the past seven months the location of those new casinos, and the state's varying tax rates on specific gaming properties.

He doesn't believe the state is over-saturated with casinos, even with the three new ones and another, in Monticello, opening next year. It's more a matter of achieving the proper balance of taxes and locations. It starts with the huge Turning Stone Casino Resort in nearby Verona, owned by the Oneida Indian Nation, plus the Oneidas' smaller Yellow Casino 06 Road Words to get lucky in Chittenango, casino 06 a newer Oneida casino planned for Bridgeport, nearer to Syracuse.

Under the  compacts that allow the Indian nations to operate gaming, the state takes 25 percent. Vernon, meanwhile pays 35 percent to support state education funding, plus other fees and administrative costs that add up to 59 percent of the revenue.

The Oneidas also added video machines at their gas stations, producing more competition. Inside the Yellow Brick Road Casino. Then came the new new non-Indian casinos: Gural's casino 06 Tioga Downs opened in December with a tax rate of 37 percent; del Lago opened Feb. Taxes tend to be higher for properties closer to larger urban areas.

He bought the Vernon Downs harness track 12 years ago after it had shut down and gone bankrupt. Oneida's announce plans for new casino. But he admits that harness racing in New York would not exist if the tracks couldn't subsidize their earnings with the video gaming casino 06, which casino 06 done sincea few years after he took over Casino 06. The state has decided it's worth it, he said.

Harness racing, he says, supports horsemen the horse owners and drivers, plus related industries like feed suppliers, casino 06 and more. Gural has battled the state in the past over gaming issues. He initially lost out on the bid for one of the new casinos because the state declared the region served by del Lago to include the Southern Tier.

Andrew Casino 06  -- "who casino 06 read a map" -- to establish a separate license for the Southern Tier, which Gural won at Tioga Downs. Now, Vernon Downs is being subsidized casino 06 part by Tioga Downs. The state loses jobs and money if we close.

Don Cazentre writes casino 06 Upstate New York casinos for This web page. Reach him at   dcazentre nyup. Registration on or use of this site constitutes acceptance of our User Agreement and Privacy Policy.

All rights reserved About Us. The material on this site may not casino 06 reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Media New York. Community Rules apply to all content you upload or otherwise submit to this learn more here. Back to Main Menu. Close Customize Your Weather Set Your Location: Your weather is set to.

You can change the location at any time. Change your current location ». Sign in to NewYorkUpstate. You are signed casino 06 as. Edit Public Casino 06 Sign Out. Casinos - NYUP Inside the numbers: Vernon Downs CEO talks track closing, taxes and casino competition Comment Updated on June 16, at 3: Jeff Gural with electronic gaming machines at Tioga Downs in in Nichols, N. Gural owns Tioga Downs, casino 06 converted to a full-service casino in December,please click for source says he is losing money at his other New York gaming property, Vernon Downs, a racino with electronic games and harness racing.

By Don Cazentre dcazentre nyup. Vernon Downs sets tentative closing dates He's still hopeful that the state will provide some help to avert the shutdown. Harness racing at Casino 06 Downs. About Us Advertise with us Contact Us Sponsor Content Frequently Asked Questions.

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