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June 15, 2018 - 9:13am

Senate passes bill to lower tax rate for Batavia Downs

posted by Howard B. Owens in Batavia Downs, Western OTB, michael ranzenhofer, batavia, business.

Press release:

The New York State Senate passed Senate bill S7397-A, establishing a more equitable tax rate for Batavia Downs Gaming.  Senator Michael Ranzenhofer, the sponsor of the legislation, issued the following statement:

“Today the Senate passed legislation to help level the playing field for Batavia Downs. Lowering the tax rate not only protects the future viability of Batavia Downs but returns more revenue to taxpayers across Western New York. I am hopeful that the Assembly will take action on this important legislation.”

Batavia Downs Gaming, operated by Western Region OTB (WROTB), is a standardbred racetrack and gaming facility. WROTB is a public benefit corporation – owned by 15 Western New York counties, including Cattaraugus, Cayuga, Chautauqua, Erie, Genesee, Livingston, Monroe, Niagara, Orleans, Oswego, Schuyler, Seneca, Steuben, Wayne, and Wyoming, as well as the cities of Rochester and Buffalo.

Since its inception, WROTB has generated hundreds of millions of dollars in operating and surcharge revenues to the residents of those participating municipalities.

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