Provides that the additional vendor's marketing allowance retained by any operator of a racetrack located in the county of Westchester shall not exceed 8 percent of the total revenue wagered at the vendor track after payout for prizes and the remainder of such additional vendor's marketing allowance, not to exceed 25 million dollars, shall be paid to the Yonkers city school district board of education in quarterly payments for the support and maintenance of certain educational programs.
Authorizes housing authorities to operate bingo games; adds guests invited by residents of any apartment, condominium or cooperative complex, housing authority, retirement community, or other group residential complex or facility to the scope of application; allows games to be conducted two days per week; makes related provisions.
Decreases the tax rate on gaming revenues from slot machines in facilities in region 5 of zone 2; requires such facilities to report on the use of the retained funds for the creation of new jobs or rehiring laid-off employees.