New casinos in NY will create new revenue in evolving market

On Monday, state regulators are expected to license three new casinos in upstate New York, a region that already has a dozen horse-track “racinos” and Indian casinos. The move fits a longstanding pattern of New York officials finding new ways to cash in on gambling – like approving video lottery machines at ailing horse tracks or expanding into multistate lotteries as Lotto sales dropped.