The state¡¯s gaming tax is 20% of revenue, which means WarHorse made some $4.27 million last month. Assuming a 90% average payout, the industry standard, that means visitors dropped nearly $43 million, or close to $1.4 million a day into the WarHorse slot machines last month.
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¡°We haven¡¯t put anything formally into anybody at this point but we expect that our group will do so,¡± James Featherstonhaugh said, referring to applications for a license.
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He is charged with armed robbery and robbery resulting in bodily injury, according to online jail records. The second suspect appears to still be at large.