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Queens Chronicle

Resorts World rolling in dough

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Posted: Thursday, December 27, 2012 10:30 am | Updated: 10:42 am, Thu Jan 3, 2013.

Resorts World Casino New York City ended its first full year in business well in the black.

The casino at Aqueduct Racetrack became the single largest slot revenue gaming property in the United States in 2012 and paid more to the state in taxes than casinos on the Las Vegas Strip, in Atlantic City and Connecticut.

In 2012, Resorts World Casino’s gross gaming revenues exceeded $638 million, including $435 million sent to the state, of which $280 million went directly to the state’s education fund.

“While we never doubted this would be a successful venture, we have far exceeded any and all expectations we had for 2012 and can’t wait to begin an even better 2013,” said Michael Speller, president of Resorts World Casino New York City.

The casino, which opened in late 2011 and has around 5,000 video lottery terminals on site, saw more than 10 million visitors in the past 12 months.

In October, Resorts World announced it had donated one percent of its annual profits to dozens of local community organizations in Queens and around New York City.

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  • craig posted at 8:57 am on Thu, Jul 18, 2013.

    craig Posts: 0

    I've always loved going to that casino, although it's been a while since the last time I've been there. Right now I've just returned from a short Northern California indian casinos vacation, so I think as long as you spend wisely, gaming can be so much fun!

  • Phantom1 posted at 1:02 pm on Fri, Jan 4, 2013.

    Phantom1 Posts: 0

    Resort World will make a lot of money, they do not pay out as other casinos do.
    Their comp. sucks, and recently they have increased all food prices, in as much as they claim they are the biggest money maker.
    Since this casino opened recently, they should have also had credits issued at the video slots and not have people running around to print vouchers at the comp machines then come back to play.
    Employees are rude, especially the two Supervisors at the buffet.
    I strongly believe the NYS GAMING COMMISSION should closely evaluate Resorts payout %.