06/19/2012 2:55PM

Aqueduct casino tops nation in slots revenue


A casino at Aqueduct in New York City generated more monthly slot-machine revenue than any other casino in the United States for the first time in May, according to data distributed by the casino’s operator Monday.

Slot-machine revenue at the casino, Opened last October and called Resorts World, was $57.5 million in May, according to the data, exceeding the one-month revenue at Mohegan Sun in Connecticut by $2.1 million. It was the first month since the Aqueduct casino opened in late October in which the casino posted the highest one-month slot-machine total in the United States.

The New York Racing Association, which operates Aqueduct, Belmont, and Saratoga, and New York’s horsemen and breeders receive approximately 15 percent of the revenue from the Aqueduct casino. For the month, that total was $8.625 million.

The Aqueduct casino’s operator, Genting New York, has been lobbying the state to allow it to add table games to the Aqueduct casino and operate additional casino locations. This year, the legislature, with the support of Gov. Andrew Cuomo, passed a bill that would amend the state constitution to allow for the addition of seven full-fledged casinos provided the legislature approve the same bill next year and voters approve the plan through a referendum.

If the plan is approved and the casino at Aqueduct is allowed to add table games and replace its existing gambling devices – which are legally known as video-lottery terminals – with actual slot machines, the agreement providing for payments to the New York racing industry will become null and void.