Stacking The Deck


From 2005 through June 2012, gambling and horse racing interests spent nearly $50 million in political money in New York State -- over $40 million on lobbying and roughly $7.1 million in campaign contributions.

The gambling industry plays an outsized role in Albany politics compared to its significance in the state’s economy. Looking at these totals by election cycle (‘05-‘06, ‘07-‘08, etc.) the industry spent at least $9.5 million on lobbying and $1.5 million on contributions each cycle.

For comparison, New York’s entire banking and financial services sector spends roughly $16 million on lobbying each election cycle,and corporate donations from the state’s entire energy industry amounted to $1.4 million in the 2010 cycle.Each of these economic sectors is hundreds of times larger than the gambling/horseracing industry in New York State.

From 2005 through 2011, the annual flow of political money from the gambling industry was fairly stable – between $5 and $7 million each year in combined campaign contributions and lobbying expenditures.

In 2012, the gambling industry is on pace to spend more political money than in any prior year, with nearly $4 million spent on lobbying and over $700,000 in campaign contributions through the first half of 2012.

Download this Paper

Do you like this post?

Be the first to comment

The Black Institute
The Black Institute shapes intellectual discourse and impacts public policy from the perspective of Black people in America and people of color throughout the diaspora.