September 13, 2022 Casino, Land Based, Finance

Resorts World Hudson Valley casino set to open this fall

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Mayor believes the casino will provide Newburgh with $3m in annual revenue.

Construction has begun on the 90,000-square-foot Resorts World Hudson Valley casino, which will be located in the Newburgh Mall on Route 300, in New York. The casino received regulatory approval in the summer of 2021 and was given an estimated budget of $32m: it is now set to open this coming fall.

The project will see the former Bon-Ton department store renovated into an electronic gaming casino, located 44 miles from its sister property, Resorts World Catskills in Sullivan County. An estimated 200 construction workers are currently installing video slot machines and table games and putting the finishing touches on the casino’s décor.

Resorts World vice president for government Meghan Taylor said that the facility would be geared toward local and regional clientele. The new casino is expected to employ 250 Newburgh locals with about 70% of those roles filled by union employees.

Taylor said the project would translate to more than $15m in annual wages, plus another $3m annually to the town of Newburgh through a Host Community Benefit Agreement. Resorts World projects that the slot machines will generate $160m in gross gaming revenue, part of which will be spent on state education.

Taylor commented: “It’s quick and easy to get off of the infrastructure and roads we have right outside of our doors, as opposed to the Resorts World Catskills where it is a luxury weekend getaway.

“We do not have a hotel here. We don’t have restaurants in the facility here at Resorts World Hudson Valley, but we hope that by making that key decision, we’re going to be a catalyst to drive redevelopment here at the mall.”

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