Free-Play Blackjack
Free-Play Table Games
Free-Play Slots
Free-Play Poker
Free-Play Video Poker
500 Nations Casino

Live Dealer

Resorts World New Leader In Slot Revenue

#1 Casino Choice of U.S. Players
Blackjack • Slots • Tables • Live Dealer • Video Poker • Crypto
0 $3,000 Casino Welcome Bonus!
0 $3,750 Crypto Welcome Bonus!  BOVADA CASINO


June 18, 2012

Queens destination outpaces Vegas, Atlantic City and all others -- sends more than $25 million into state education fund in just one month; delivers more in taxes than all 41 Las Vegas Strip casinos ... combined

Resorts World Casino New York City (RWNY) has surpassed the Las Vegas Strip, Pennsylvania, Atlantic City, Connecticut and all other locales to become the single largest gross slot gaming revenue and tax-generating gaming property in all the United States, according to just-released monthly figures.

Resorts World New York generated gross gaming revenues of $57.5 million in May, outpacing second place Mohegan Sun at $55.4 million. More than $40 million, or 70 percent, of Resorts World's monthly gaming revenues went to education, the horse racing industry and other state entities.

"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," said Michael Speller, President of Resorts World Casino New York City. "We are proud of the incredible revenue Resorts World has generated to support the education of New York's students and the more than 3,000 jobs we have created for hard-working New Yorkers. This is a partnership that works, and as the State considers a referendum to permit table games, it should ensure that the current high tax base is not eroded. Resorts World looks forward to pursuing additional opportunities in the future to generate even more revenue and create thousands more jobs for New York."

To put the numbers in context, while Resorts World distributed about 70% of its gross gaming revenues or more than $40 million to the state of New York and other entities in May, the 41 Las Vegas Strip casinos -- which have a tax rate of approximately 6.75 percent -- combined contributed about $30 million to Nevada in April, the 12 casinos in Atlantic City paid $18.3 million to New Jersey, while Mohegan Sun and Foxwoods Resort Casinos together generated $28 million for Connecticut in May.

"As New York State proceeds down the path of full legalized gaming, it is crucial that taxpayers and students not get shortchanged in the process," said Assemblyman J. Gary Pretlow, Chair of the Assembly Racing and Wagering Committee. "As evidenced by Resorts World's May figures, the state's education system greatly benefits from our current gaming structure. Any changes to that structure must ensure that students get more, not less, of the revenue that gaming brings to the state."

To date, in just eight months of operation, Resorts World Casino New York City has sent more than $252 million in taxes to the state, with more than $162 million earmarked for education.

Resorts World Casino New York City (Resorts World) is the first entertainment destination of its kind in the five boroughs of New York City. Resorts World is operated by the Genting Group, a global company, founded in 1965, and operating Destination Resorts in Asia, Europe, North America and on all four oceans through the 50% ownership of Norwegian Cruise Line and Star Cruises brands. The Genting Group employs nearly 45,000 employees.

Return to New York Casinos.

Disclaimer: All images are copyright to their respective owners and are used by 500 Nations for informational purposes only.

500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.