Aqueduct casino takes in $14 million in first 10 days
During the nearly decade-long process to place a casino at New York City’s Aqueduct Race Track, everyone from state lottery officials to potential operators thought the site could be lucrative.
Apparently, they were correct.
According to figures released this week by the New York Lottery, the newly opened casino took more than $14 million in revenue during its first 10 days.
Remember, the Aqueduct facility is just in its first phase. Malaysia-based Genting opened the facility with just 1,600 slot machine-like video lottery terminals.
By next spring, Resorts World New York will have some 5,000 VLTs along with restaurants and other entertainment amenities.
“These results are simply amazing. They far exceeded our expectations,” New York Lottery Director Gordon Medenica told the New York Daily News.
Out of the revenues, 44 percent is directed toward the state’s education fund. A 31 percent stake goes back to Genting. The remaining 25 percent is distributed to the New York Racing Association and the casino vendors.
“Money is being spent in-state. That’s just a great change for New York,” Medenica said.
