This was to be a year of celebration for New York’s booming gambling industry, with gleaming new casinos opening, rapturous bettors flocking in and a win-win for the state, and a torrent of new taxes pouring into government coffers at no cost to anyone but the bettors themselves.
But like casinos — where glitter often hides the grime — the reality has been far less glamorous, with underwhelming returns, evidence of industry cannibalization and a new, sharp-edged conflict between the state and a major tribal gambling operation.