Photo Courtesy of Resorts World Casino New York City
Resorts World Casino New York City celebrated its one year anniversary today by announcing it is the single largest slot revenue gaming property in the United States and its contribution to State Education Fund has surpassed the casino taxes paid by casinos in the Las Vegas Strip, Pennsylvania, Atlantic City, and Connecticut. In one year, Resorts World Casino New York City has generated gross gaming revenues of more than $650 million, with more than $445 million heading to New York State in tax revenue, of which more than $286 million will go directly to the State’s education fund. This is in addition to the $380 million dollar licensing fee paid in 2010, bringing Resorts World Casino’s official contribution to the state to $825 million to date, with $665 million going towards education. “While we never doubted this would be a successful venture, not only for Resorts World Casino New York City, but for the Queens community and New York State, we have far exceeded expectations,” said Michael Speller, President Resorts World Casino New York City. “We are confident that as we continue enhancing our gaming and entertainment offerings for the next year, the Queens community and New York State will continue to be the big winners at Resorts World Casino, with record revenues for education and the horse racing industry."