Resorts World Rolling in Dough

Queens Chronicle

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.