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River Casino Schenectady 1st Week Revenue

Posted on March 5, 2017 | Comments Off on River Casino Schenectady 1st Week Revenue

The New York State Gaming Commission reports that the first week of operation saw newly-opened Rivers Casino in Schenectady County, New York record a profit of $3 million. Only six days after Rivers Casino and Resort opened their door to players to enjoy slot and table games, where they spent a total of $27.3 million, thus contributing to a highly successful first week and the beginning of operation of the new casino. All the officials are more than satisfied with this good start, mostly because the largest share of the tax money will be spent on education.

Rivers Casino in Schenectady County celebrated its opening on February 8 at noon. Long-awaited opening gathered around 3,500 people who came to enjoy slots and table games. The casino was worth $330 million and it took 13 months to completely finish it. Operated by Rush Street Gaming of Chicago, the casino offers 1,142 slot machines, 15 poker tables and 67 gaming tables situated on a gaming floor spreading on 50,000 square feet. Next to the gaming facilities, the resort also houses a 10,000 square-meter hall for organizing special events or conferences. The addition of a spa and a hotel with 165 rooms is planned by the end of the year. The casino is situated near the Mohawk Harbor, a commercial and residential area near the river. Rivers Casino and Resort already employs more than 1,000 people and this number will be increased even more when they open spa and hotel.

Already in the first week marked the record revenue sum of $27.3 million which earned them a profit of $3 million. The slots were the most visited and the most profitable part of the casino. The share earned from slots amounts to $23.1 million, the tables generated $4.3 million, while poker tables brought $110,000. There are estimates that 2.8 million people will go through Rivers Casino and Resort every year. The figures are good news for both the management and the state officials as 80% of the tax money will be used to invest in public schools and local communities. According to the New York State law, the casinos are obliged to pay 45% tax on revenue from slots and 10% on table games. There are four licensed casinos in New York State: del Lago, Tioga Downs, Montreign and Rivers.

If you have the chance, you should definitely visit Rivers Casino and Resort Schenectady, but even if you do not live anywhere near, you can still enjoy some online casino action. Rivers does not have an online casino, but our list of USA online casinos recommends some of the most reliable and trustworthy USA friendly casinos. Not only can you enjoy online slots and table games, but you can also use various USA Casino Bonuses to boost your online casino experience. Also, if you belong to those who like live contact with people and action, check out USA Live Casinos where you can join in the action at real tables with real people and dealers, all the while sitting in your chair at home. Who says that you have to leave the house to have fun at a casino?

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