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New York Casino Advocate Group Spends $4.2 Million on Campaign

New York Casino Advocate Group Spends $4.2 Million on Campaign

In order to help push through the constitutional amendment allowing up to seven casinos to be built in New York, a group of gambling and union interests spent $4.2 million on campaigning in a one month period.

New York Casino Advocate Group Spends $4.2 Million on Campaign

In the run-up to the vote on November 5th, a pro casino expansion group spent $4.2 million on campaigning.

New York Jobs Now, which is run from the Business Council of New York state offices in Albany, spent a massive $1.7 million on a television advertising campaign in the last couple of weeks before the November 5th vote.

Major donors to the New York Jobs Now included $750,000 from Genting New York and $270,000 from a harness track/casino in Yonkers. $100,000 was given by Caesars Entertainment and Bally Gaming gave $25,000. There was also a $270,000 donation from a hotel workers’ union and $250,000 from a New York City based teachers union.

As well as the television advertising, New York Jobs Now spent $595,000 on polling as well as considerable sums on mailings and radio advertising. It ended its casino expansion bid with $4,197 in the bank as of its final post-election filing with the state Board of Elections.

In the 27 day post-election report the group said it raised $2.1 million and spent $3.85 million. In its filling just 11 days before the election the group reported raising $2 million and spending just $361,000.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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