"These bleak establishments rake in $1 billion a year, but little of it stays in the city. The state and the racing industry siphon off most of the revenue from these gambling relics. So when Mr. Bloomberg heard that the off-track parlors would need city money to survive, he rightly offered to help turn out the lights."
Is there an easy reference for the real numbers here? Does this takeout money get recycled throughout the state rather than NYC so this is misleading as hell?
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