Resorts World Casino New York City will soon get a thousand additional slot machines under the state budget deal brokered last week.
The South Ozone Park casino, located in the former grandstand of Aqueduct Racetrack, already has 5,000 video lottery terminal (VLT) machines in place, making it one of the most profitable gaming establishments in the country.
A portion of the revenue that the 1,000 new machines will generate will go to the Nassau OTB Corporation, bringing an end to a push for a casino at Belmont Park on the Queens/Nassau border.
Nassau OTB sought the Belmont casino to supplement its betting revenue. That casino would have served as direct competition with Resorts World at Aqueduct just eight miles away; both tracks are operated by the New York Racing Association, which receives a percentage of revenue from the existing VLTs at Resorts World Casino.
The deal was struck through negotiations between the state, Nassau OTB and the Genting Group, Resorts World’s parent company.
As one of the people who worked to approve these machines, Assemblyman Phil Goldfeder is extremely proud of the decision: “This will generate more revenue for our local schools and ensure Aqueduct’s continued success for years to come.”