In the bustling metropolis of New York, gambling has long been a topic of interest and controversy. With its rich history and diverse population, the state of New York has a complex gambling landscape. This article delves into the intricate web of entities that regulate and operate the gambling industry in New York, providing an in-depth understanding of who runs gambling in the state.
1. The New York State Gaming Commission
The New York State Gaming Commission (NYSGC) is the primary regulatory body responsible for overseeing the gambling industry in New York. Established in 1992, the NYSGC is tasked with ensuring that gambling activities are conducted fairly and responsibly. The commission is composed of five members appointed by the governor, and it operates independently from the state government.
The NYSGC regulates various forms of gambling, including casinos, racetracks, video lottery terminals (VLTs), and online gambling. The commission is responsible for licensing and monitoring these entities, ensuring compliance with state laws and regulations. Additionally, the NYSGC investigates complaints and enforces penalties for violations.
2. Casino Operators
New York has three commercial casinos, each operated by a separate entity:
a. Resorts World Casino at Aqueduct, located in Queens, is operated by Genting New York, a subsidiary of Genting Group. Genting New York is a leading global leisure and hospitality company with a strong presence in Asia.
b. The Montreign Resort Casino, situated in Thompson, is managed by Empire Resorts, which also operates the nearby Resorts World Catskills casino in Monticello. Empire Resorts is a family-owned company with a long-standing history in the gaming industry.
c. The del Lago Resort & Casino, located in Tyrona, is managed by Del Lago Resort Corporation, a subsidiary of the Las Vegas Sands Corporation. The Las Vegas Sands Corporation is one of the world's largest casino and resort companies, with a significant presence in Asia and the United States.
3. Racetrack Operators
New York has several racetracks that offer both horse racing and VLTs. The following entities operate these racetracks:
a. Belmont Park, located in Elmont, is operated by the New York Racing Association (NYRA). NYRA is a not-for-profit corporation that owns and operates three of New York's thoroughbred racetracks: Belmont Park, Saratoga Race Course, and Aqueduct Racetrack.
b. Aqueduct Racetrack, also located in Queens, is operated by NYRA. As mentioned earlier, NYRA is responsible for both Belmont Park and Aqueduct Racetrack.
c. Saratoga Race Course, situated in Saratoga Springs, is also operated by NYRA. This historic racetrack is known for hosting the prestigious Belmont Stakes, the final race of the Triple Crown.
d. Yonkers Raceway, located in Yonkers, is operated by the Yonkers Raceway Corporation. The corporation is a family-owned business that has been operating the racetrack since 1926.
4. Video Lottery Terminal Operators
Video lottery terminals (VLTs) are located at racetracks and some off-track betting facilities in New York. The following entities operate VLTs in the state:
a. NYRA operates VLTs at Belmont Park, Aqueduct Racetrack, and Saratoga Race Course.
b. Yonkers Raceway Corporation operates VLTs at Yonkers Raceway.
c. Empire Resorts operates VLTs at the Resorts World Casino at Aqueduct and the Resorts World Catskills casino.
5. Online Gambling Operators
New York has authorized online gambling, including online poker, casino games, and sports betting. The following entities are licensed to operate online gambling in the state:
a. DraftKings, a leading sports betting and online gaming company, offers online sports betting and casino games in New York.
b. FanDuel, another major sports betting and online gaming company, also provides online sports betting and casino games in the state.
c. Betfair, a global sports betting and gaming company, offers online sports betting and casino games in New York.
d. Resorts World Casino at Aqueduct offers online casino games through its Resorts World Online platform.
e. del Lago Resort & Casino offers online casino games through its del Lago Online platform.
Frequently Asked Questions
1. Q: How many casinos are there in New York?
A: There are three commercial casinos in New York: Resorts World Casino at Aqueduct, Montreign Resort Casino, and del Lago Resort & Casino.
2. Q: Who regulates gambling in New York?
A: The New York State Gaming Commission (NYSGC) is the primary regulatory body responsible for overseeing the gambling industry in New York.
3. Q: Can I play online poker in New York?
A: Yes, you can play online poker in New York. Several online gambling companies, including DraftKings, FanDuel, and Betfair, offer online poker in the state.
4. Q: Are there any legal age requirements for gambling in New York?
A: Yes, the legal age for gambling in New York is 21 years old. This applies to both land-based and online gambling.
5. Q: Can I visit a racetrack without placing a bet?
A: Yes, you can visit a racetrack in New York without placing a bet. Many racetracks offer free admission, and you can enjoy the atmosphere, watch the races, and participate in other activities.