Bars in NY will be adding New York Lottery video game terminals to their locations as a result of a law pushed through legislature by Gov. Cuomo. According to Crain’s New York Business, the NY Lottery has already placed 92 terminals in bars since April, and these new Quick Draw video installations are being targeted for almost 500 different pub locations.
Richard Keeler, owner of Side Street, a bar in Mohawk, NY, said, “Customers get the same thrill of gambling without having to drive to the casino.” According to Crain’s, the game keeps customers at the pub longer and earns .60 cents on every dollar wagered. Cuomo intends to increase gambling revenue for the state and persuaded the Legislature to allow seven Las Vegas style casinos this year, but voters will still have to approve this referendum.
Quick Draw closely resembles Keno. By choosing numbers users can earn anywhere from $1 to $100,000 depending on how many of the numbers match the drawings displayed on the screen. Customers can play with cash or credit cards, and bar owners are given a separate register for the game. There used to be a requirement that stated establishments with Quick Draw receive at least 25% of their revenue from food, but Cuomo had this overturned. Crain’s reported that this overturn happened because of a shift on views about gambling in the state.
This Quick Draw expansion in bars that don’t serve food is expected to raise $11 million by the end of 2012, and $22 million for every year following.