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Batavia Downs revenue grows for 10th straight year

By Howard B. Owens

Press release:

Batavia Downs Gaming has closed the books on another record year, making it 10 straight years in which the facility increased revenues from the previous one. In 2015 the 787+ video lottery terminals at the track’s gaming facility generated $52.6 million in net winnings, up 7.37 percent from 2014’s $48.9 million. This percentage increase in net growth was first among NYS facilities for the second year in a row.

“After the completion of our gaming floor expansion and the opening of our new lobby, patron visits have increased as have revenues,” said Michael D. Kane, CEO and president for Batavia Downs Gaming. “With the construction of a new 84-room hotel, opening in midsummer, we look forward to further serving our customers in the Western New York area while expanding our reach even further.

2015’s increase comes on the heels of 2014’s 5.37-percent net winnings increase over 2013. In 2014 Batavia Downs was one of only two NY state facilities to show an increase. This marks the third time in the last four years that Batavia Downs Gaming leads NYS facilities in terms of percentage growth.

“We’re happy to show continued growth,” said Ryan Hasenauer, director of Marketing for Batavia Downs Gaming. “We also had a record year of payouts, with $627 million in winnings paid out to our visitors. These increases also benefit the counties and cities that own us. As a public benefit corporation, all revenues net expenses are distributed to our member municipalities.”

Western OTB is a public benefit corporation owned and operated by 17 Western New York municipalities: Cattaraugus County, Cayuga County, Chautauqua County, Erie County, Genesee County, Livingston County, Monroe County, Niagara County, Orleans County, Oswego County, Schuyler County, Seneca County, Steuben County, Wayne County, Wyoming County as well as the cities of Rochester and Buffalo. Headquartered in Batavia, WROTB owns and operates 27 OTB branches, as well as Batavia Downs Gaming, a standard bred racetrack and gaming facility.

Fred GUNDELL

And just think, all of this wonderful success is supported by us local residents losing our money. All of this money distributed to the local communities is actually our money to begin with..SO what is the gain?? Other than a great place to be entertained, have a cold beer, the food not so much, good music,maybe even wining a couple bucks every now and then. but mostly losing. Great entertainment destination, and if we lose a couple bucks, then it is worth it. If not seek counseling.

Jan 15, 2016, 2:44pm Permalink
david spaulding

we are being forced to give tax breaks for a hotel at this establishment. you see you do make money when your tax obligations are waived. Too damn bad the rest of us can't enjoy a break from taxes. 10 straight years they made money and taxpayers still have to subsidize them.

Jan 15, 2016, 5:29pm Permalink
George Richardson

I have to get to Louisiana to lose my money and it goes out of state. Texan politicians are all racist right wing evangelical science denying retards, be thankful for what you have.

Jan 17, 2016, 9:35am Permalink

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