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Queens Chronicle

Resorts World casino is rolling in the green

Made more money than Vegas strip

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Posted: Thursday, June 21, 2012 10:30 am | Updated: 2:39 pm, Thu Jun 28, 2012.

Cha-ching!

Resorts World Casino New York City, located at Aqueduct in South Ozone Park, has raked in more money through slot machines than anywhere else in the country, outpacing such gambling hotspots as Las Vegas and Atlantic City, according to recently released numbers.

The company reported revenues of $57.5 million in May — top in the nation —while Mohegan Sun came in second with $55.4 million. More than $40 million, or 70 percent, of Resorts World’s monthly gaming revenues went to state education, the horse racing industry and other state entities, according to the Malaysian-based company.

“Resorts World’s model has maximized gaming revenue for New York state in a manner that has not been replicated by any other facility in the nation,” RWCNYC President Michael Speller said in a prepared statement.

The company has sent more than $252 million in taxes to the state, with $162 million earmarked for education.

The 41 Las Vegas strip casinos combined contributed about $30 million in taxes to Nevada in April, according to numbers filed with the state.

The 12 casinos in Atlantic City paid $18.3 million to New Jersey in April, while Mohegan Sun and Foxwoods Resort casinos together generated $28 million for Connecticut in May.

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