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#12
10-11-2007, 09:49 AM
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Re: AC nosedive accelerating
[ QUOTE ]
YONKERS — Video slot machines have brought Yonkers Raceway back to life, with a $4 billion casino operation that has rejuvenated the dying harness track. One year after it reopened with a Vegas-style casino, Empire City at Yonkers Raceway is a cash machine, drawing more than 90,000 patrons a week and netting nearly $40 million a month. [/ QUOTE ] The $40 million per month Yonkers net revenue is a little more than the total monthly AC decline in slot machine revenue. I believe that is the reason for the AC decline. Perhaps the slide for AC will be merely a plateau (we should revisit in a year). Yonkers slot revenues 
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