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.
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.