What Poker Machines Are At The New Catskill Casino
The executive vice president of the parent company of Resorts World Catskills calls the New York City market the “casino Game of Thrones,” but supposedly Catskills is sitting on the Iron Throne.
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“People think that sometimes the gaming market is infinitely elastic. It’s not. It’s a game of competition. It’s almost like casino Game of Thrones…But right now, we’re sitting on the Iron Throne, and we’re just about to launch a facility that really is unparalleled, certainly on the East Coast.”
The executive, Charles Degliomini, of Empire Resorts Inc. told The Morning Call that his company’s focus on the East Coast Asian gaming market was going to put Sands Bethlehem in a pinch.
“We’re going to pursue that market too, and we think we’re going to win it,” he said to Morning Call.
With a destination resort in the works and slotted for opening Feb. 8 (just before Chinese New Year), Resorts World Catskills will feature:
- 100,000 square-foot casino floor
- 2,150 slot machines
- Over 150 live table games
- An entertainment village
- An 18-hole Rees Jones golf course
- An indoor water park
- Private gambling salons
- 18-story glass casino and hotel
This $1.2 billion investment in Sullivan County will compete with Sands Bethlehem. While Sands will maintain its location advantage, only 80 miles outside New York, it’s only winning by about 10 miles.
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- Resorts World Catskills features 1.6 million square feet of space, including a 100,000 square-foot gaming floor with 2,150 slot machines, a poker room and 130 table games.
A look at the casinos in the game
For this budding gaming market, the following casinos provide competition:
- Mount Airy, Pennsylvania
- Sands Bethlehem, Pennsylvania
- Mohegan Sun, Pennsylvania
- Hard Rock Hotel & Casino Atlantic City (summer 2018)
- Revel as Ocean Resort Casino
- New casino in Tiverton, Rhode Island
- MGM National Harbor, Maryland
- Wynn Boston project (2019), Massachusetts
- MGM Springfield casino, Massachusetts
- Foxwoods/Mohegan Sun joint casino, near Hartford, Connecticut
- Live! Hotel & Casino Philadelphia (2020), Pennsylvania
New Jersey once dominated the casino market, but its rules against innovation may have resulted in more harm than good. Jeremy Kleinman, a gaming lawyer in the state, told Record Online the state now has some ground to make up.
The poker room at Resorts World Catskills is the largest among the commercial casinos in New York State. Open 24 hours a day, it includes 20 tables and 180 seats, and offers players a host of amenities, including an in-room cashier, complimentary beverage service, USB charging ports at every seat, its own convenient spacious outside smoking deck and twenty-seven 55-inch TVs.
“New Jersey became complacent and got caught sleeping, and didn’t innovate or update their regulations or reinvest in the Atlantic City casinos,” Kleiman said to Record Online. “They woke up one day and realized there was competition all around, from Pennsylvania to Delaware, West Virginia and New York, and it was almost too late to reinvent.”
The way to compete, comparatively, is to market to a new audience with attractions beyond gaming.
Catskills: It’s a long way to the top
Sands snagged more than $21 million in gross table game revenue, up almost 11 percent from the total at the same time the prior year. That is more than its closest PA casino competitor, who sat $5.7 million behind: Parx Casino.
In the 2016-2017 fiscal year, Sands offered $149 million in promotional plays, according to The Morning Call.
Fifty percent of its table game numbers traced back to gamblers in New Jersey and New York. Moreover, the 50-plus busloads of people who make their way to the casino from predominantly Asian New York neighborhoods like Flushing, Chinatown, and Brooklyn are a large chunk of the customer base.
Back in 2013, the then Sands President Robert DeSalvio explained this percentage to The Morning Call.
Sands vs. Catskills
Beyond being major competitors, there are some discriminators that pit Sands Bethlehem and Catskills against each other once that grand opening comes around.
- Gambling taxes – Catskills will potentially offer more free play and promotions, given that their gambling taxes are lower than in Pennsylvania. Catskills will face a 39 percent tax on slot machines and just a 10 percent tax on table game revenue. Comparatively, Pennsylvania taxes slot revenue at 55 percent and table game revenue at 16 percent.
- Name brand – Resorts World brand and logo, associated with Genting Rewards Alliance loyalty program, could give it a way to reach gamblers in its database. It could then attract them to Catskills and Resorts World at Aqueduct Racetrack in Queens.
- Revenue – Sands brought in about $539 million in 2016-2017, while Catskills filed paperwork in New York in 2014 that estimated $301.6 million in gross gambling revenue in 2019.
The biggest concern for Sands moving forward may not be Catskills. Instead, gambling expansion as a whole could bring a closer New York casin into the game and make the 80-mile distance more of an issue.
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Resorts World Catskills is a $920 million, 1.6-million-square-foot, five-star casino, hotel and entertainment complex.
Originally named Montreign Casino, the now Resorts World Catskills was awarded its casino license from the New York Gaming Facility Location Board on December 17, 2014.
The owners are Empire Resorts, which owns Monticello Raceway, and EPR, a real estate investment trust company. They have partnered to build this $920 million resort at the old Concord Resort site in Kiamesha Lake, New York.
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Resorts World Catskills opened Feb 8th01.18.2018 - On Thursday February 8 the new Resorts World Catskills will open. The $1 billion casino is the first full scale gaming venue to open in the area. The original opening date was scheduled for March
What Poker Machines Are At The New Catskill Casino New York
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News Articles
Resorts World Catskills opened Feb 8th
January 18, 2018
On Thursday February 8 the new Resorts World Catskills will open. The $1 billion casino is the first full scale gaming venue to open in the area.
The original opening date was scheduled for March 01.
The project has been planned and worked on for decades. It is hopeful that the casino will help boost tourism back to the mountain area of New York.
In 2014 bidding began for the four upstate New York casino licenses offered by the state Gaming Commission.
There will be 2,150 slot machines and 150 table games in operation.
Future plans include a resort with 332 guest rooms. Each room will be a luxury suite. There will also be an entertainment district and an 18 hole golf course.
In 2019 an indoor water park will open at the casino.
The casino will be open 24 hours daily. 1,400 new jobs have been created by the project.
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