Construction is expected to begin this summer for a Resorts World casino inside a mall in Newburgh, New York, about two hours north of New York City. Once operational, the VLT casino will be open 20 hours a day, reports the Albany Times Herald-Record.
Resorts World also operates the $1 billion casino Catskills resort that opened near Monticello in 2018.
The Newburgh Planning Board signed off quickly on the proposal, approving plans for the gaming hall just a month after Resorts World presented them. The company has agreed to pay the town of Newburgh $3 million a year in host benefits, largely to offset additional policing costs or other expenses caused by the casino, which will offer 1,300 electronic games.
The $32 million project, to be called Resorts World Hudson Valley, will span 90,000 square feet of mall space and take up to 12 months to complete. The company hopes to open the casino in the first three months of 2022. Meghan Taylor, a vice president of government affairs and public relations for Resorts World, thanked the town board and local community for supporting the project in a statement on Friday.
“We look forward to breaking ground soon and delivering on our commitment to create good-paying union jobs for local residents, help revitalize the Newburgh Mall, serve as an economic engine in the Hudson Valley, and begin generating revenue for New York State’s public schools,” Taylor said.
Resorts World has projected the slot-like devices at its Newburgh casino will generate a robust $160 million in gross gaming revenue, part of which goes to the state to spend on education. By comparison, the much larger casino in Sullivan County, which has table games in addition to electronic machines, ran up $206 million in gross revenue over the 12 months before the pandemic.
