New York: Casino at Newburgh Mall could create 215 jobs and net the town $3M a year

New York: Casino at Newburgh Mall could create 215 jobs and net the town $3M a year

Article brief provided by Westchester & Fairfield County Business
  • Peter Katz, Westchester & Fairfield County Business
February 23, 2021 8:08 PM
  • Peter Katz, Westchester & Fairfield County Business

Genting Americas and Resorts World Catskills through the entity Monticello Raceway Management Inc. (MRM) last night told the Newburgh Town Board that its plan to create a video gaming facility at the Newburgh Mall would create 215 full-time jobs and net the town $3 million annually.

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The cost of the project is estimated at $32 million and would create 200 construction jobs. According to Resorts World, the average annual wage for full-time employees would be $72,000 a year, including salary and benefits.

The proposed facility would be leased from the mall property owner. Resorts World suggested it would contribute $3 million annually to the town through a Host Community Benefit Agreement as well as an estimated $65 million annually to support public schools through payments to the New York Lottery Education Fund.