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Resorts World tops all casinos in slot revenue

Slot machine gamers visiting Resorts World Casino helped the company earn more revenue in May than any other casino in the country.
TimesLedger Newspapers

The casino generating the most money for its state is not in Las Vegas or Atlantic City — it is in Queens.

Resorts World Casino New York City in South Ozone Park has surpassed the Vegas Strip, Pennsylvania, Atlantic City, Connecticut and all other gaming locales to become the single largest tax-generating gaming property in the country, according to figures released by the casino.

The gaming giant generated gross gaming revenues of $57.5 million in May — outpacing second place Mohegan Sun in Connecticut at $55.4 million. And that is not only good news for Resorts World, it is also great news for state education since more than $40 million — or 70 percent — of the casino’s monthly gaming revenues go to education, the horse racing industry and other state entities.

According to a representative of the casino, the $40 million distributed by Resorts World to the state is more than all 41 Las Vegas Strip casinos combined — which contributed $30 million to Nevada. 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.

“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.

Speller went on to say that these new numbers should be an indication of just how much money could be generated if a constitutional amendment was added to allow table gaming in the state.

“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,” he said. “Resorts World looks forward to pursuing additional opportunities in the future to generate even more revenue and create thousands more jobs for New York.”

State Assemblyman J. Gary Pretlow (D-Yonkers) , chairman of the Assembly Racing and Wagering Committee, cautioned that if there are changes to the state’s gambling laws, education must continue to receive its fair share.

“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 Pretlow. “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.

Reach reporter Steve Mosco by e-mail at smosco@cnglocal.com or by phone at 718-260-4546.

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Reader Feedback

Jimfromearth from Brooklyn says:
Taking all those poor people on social security money!
June 24, 2012, 10:40 pm
Sharon simmonds says:
ITs very good that your revenue is tops. It has to be because from the casino opens and I am there very often spending hundreds of dollars and can't hit a jackpot. or win any money. progressive. Its very fustrating coming there and losing all the time. Ps. closing my checking account. I am going to work on becoming an advocate for gamblers. Gamblers always end-up homeless and lose there family.
June 29, 2012, 3:51 pm
Billyo28 says:
Gambling should be fun.When u win in.the begin ing its great..Its all down hill from there.
July 16, 2012, 4:18 pm
marie from suffolk says:
people line up for wheel of fortune...why i dont know they dont payout.nor does anything else what a scam
Aug. 4, 2012, 3:33 am
glarian from ozone park says:
I have been here Resorts World 6 times...Please don't come and each time I win nothing....Out of any place I have been in casinos they are worst...the crime is terrible...be careful with your pocket book someone tried to rob me from behind while at a machine...You cannot win and the machines are rigged...Soon people be onto this and don't come here...The reason they are doing so well with such a great revnue think....they take everyone's money...Also, my kids go to this poor neighborhood's school and the money definitely is not going to the school in the area...compared to Long Island the schools are overcroweded and shabby...shame on this casino and I won't go there again...they got my 8 thousand and that's it...no more.
Nov. 18, 2012, 9:51 am
r.kitchens from east new york broolyn says:
they are simply robbing me a others for thousand less rebates no bonus when you bet max i lost damn there at least 30,000 they are the most highest earning casino but give little or no jackpot igt spieolo an bally an the gaming commision need to come an investigate im tired of the robbey they taken so much i have became compulsive trying to get some back the legislation was right we are losing all to make genting rich someone step an less take them to court been slot busting a longtme but have i never lost on each trip thousand please they give nothing for platinum players
Dec. 23, 2012, 5:37 am
Abe from bayridge says:
Well, if you have a 10% chance of winning in Atlantic city. You have NO chance of winning at this Casino. They control all the games. Even the electronic tables. For example, you watch poeple play the baccarat. They look stupid with pens and papers writing all the results thinking it will repeat again and again. They might make you think it works when you have a 15 dollar bet but when u have a 200 dollar bet, kiss them good bye. Trust me, the whole casino is programed in one computer that is controled by one person that can and will change the percentage of winning at anytime
Feb. 23, 2013, 6:30 pm
john from queens says:
Thats casino is no good no good close it down
Nov. 6, 2013, 8:48 am
Robert from KewGardens says:
In 30 times to resorts world, never when home a winner. They charge $8 for tap beer, closed the buffet.Very very very hard to win there!!!!!!!!!!!!!!!!!!!!!!
March 4, 1:38 am

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