Saratoga Casino and Raceway net winnings increase, breaking 3-year stagnation

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An electronic blackjack game is one of the new, popular betting machines at Saratoga… more

Saratoga Casino and Raceway finished the last fiscal year with $163.5 million in net winnings, a $5 million increase that broke a three-year streak of stagnant gambling at its 1,700 video lottery terminals.

The results, posted on the New York State Gaming Commission website, are from April 2015 to March 2016, the state's fiscal year.

An electronic blackjack game is one of the new, popular betting machines at Saratoga… more

A casino spokeswoman pointed to two major reasons why the net win increased: the introduction of blackjack and three-card poker electronic table games, and milder winter weather compared to last year.

"The first quarter's weather was much kinder than last year's first quarter," said Rita Cox, spokeswoman.

The $163.5 million in net winnings was a 3.1 percent increase over the previous fiscal year, and the highest total since the casino opened in January 2004.

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