New-look board hears report of record numbers for June at Batavia Downs Gaming
At the conclusion of this morning’s Western Regional Off-Track Betting Corp. board meeting that featured glowing reports – financial and otherwise -- from management, Director Vincent Horrigan of Chautauqua County commended the staff for a job well done during a tough stretch.
“With all the turbulence in Albany, the results speak for themselves,” said Horrigan, a “holdover” from the previous board that was terminated in early May through legislation approved by Gov. Kathy Hochul and leaders in the state Assembly and Senate. “I wish to congratulate the incredible team, from the lowest worker to Henry and the rest of the management team.”
Horrigan is one of 11 directors who were reappointed by their governing bodies to four-year terms as stipulated by the new guidelines.
New members of the board, all of whom were in attendance today, are Charles Zambito (Genesee County), Crystal Rodriguez-Dabney (City of Buffalo), Terrance Baxter (Cayuga County), James A. Wilmot (Monroe County) and Jennifer Hibit (Erie County).
Wilmot, the newest director, is in charge of casino development for the Wilmorite Management Group in Rochester.
Schuyler County officials have yet to announce their representative to the 17-member board.
While each municipality that benefits from WROTB proceeds (operational earnings and surcharge) has one director, the May legislation instituted a weighted voting system, eliminating the one-director, one-vote format that had been in force.
As a result, the majority of the voting power rests with Democratic Party-led counties of Erie and Monroe and the cities of Buffalo and Rochester. The remainder of the municipalities are Republican-leaning, and some of those are joining together in litigation challenging the recent changes, citing Home Rule entitlement.
Today’s meeting was the second straight conference that was informational only since four of the new directors have yet to be licensed by the New York Gaming Commission. WROTB President/Chief Executive Officer Henry Wojtaszek said he expects that to happen soon, likely in time for committee meetings and the full board meeting on Aug. 23-24.
Chief Financial Officer Jacquelyne Leach had the floor for most of the 90-minute session, providing monetary figures that shine a favorable light on the Batavia Downs Gaming operation.
Calling it “a very strong month,” Leach said the “net win” for June of $7.06 million is the highest ever for June – beating the corporation’s projected amount by 8 percent. Net win is what is left in the Video Lottery Terminal machines after paying out the customers.
She reported that credits played in June were $97 million – up $9.3 million from June 2022 – and attendance for the month hit the 80,000 mark – up 12,000 from June 2022.
Year-to-date earnings are at $4.6 million, she said, which represents a $1.5 million increase from the same period last year.
Earnings and surcharge (5 percent) go back to the member municipalities. Genesee County has received $106,544 in earnings and surcharge thus far in 2023, including $4,484 in the month of June.
Leach attributed food and beverage sales, special events, the Batavia Downs Concert Series and the success of the Hotel at Batavia Downs as contributing factors to the uptick in activity. She said the hotel has generated $262,000 in profit so far in 2023.
“The hotel (which was purchased by WROTB in April 2021) has proven to be such a great addition to the corporation – a tremendous benefit,” she said.
Looking ahead, Leach said that July “is shaping up to be another record month for the Batavia Downs Gaming side of the business.”
In other developments:
-- Wojtaszek said management’s plan is to reduce the number of Off-Track Betting branches from the current eight to five by 2025. He said more emphasis is being placed on EZ Bet, which are self-betting terminals in existing bars and restaurants. WROTB has 27 EZ Bet locations across Western New York.
-- Director of Live Racing Don Hoover reported that Wednesday’s opening night of harness racing generated a handle of $242,306, which puts it in the top 10 of all handles since WROTB purchased the track 20 years ago. The 53-date season concludes on Dec. 9 but Hoover is in discussions with the Western New York Harness Horsemen’s Association to schedule racing dates next January and February.
-- VP/Administration William White advised that Batavia Downs Gaming’s pay scale for security guards is lagging behind the area’s average and is looking at forging an agreement with the employee union to increase the pay as soon as possible. White said that the company is having trouble recruiting and retaining security personnel.