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Aqueduct Casino leads nation in Slots Revenue

August 6, 2018 91 0
Aqueduct Casino leads nation in Slots Revenue

According to data on slot machines profitability released this week, Aqueduct casino posted the highest revenue in the month of May in the United States.  This comes as a surprise as the Casino is less than one year old having opened its doors to members of the public on October 2011.

The casino reported that it generated $57.5 million in the month of May. This figure exceeds the $2.1 million reported by the Mohegan sun casino in the city of Connecticut.

Big pay

The biggest beneficiary of the cash is the New York Racing Association. The association has the following casinos in its portfolio: Aqueduct, Saratoga, and Belmont. The association will receive 15% of the proceeds from the Aqueduct casino, which equals $8.625 million dollars.

The casino is currently lobbying the state of New York it to grant it a license of adding table games and operate more casinos within New York. The request might be approved following the legislature with the endorsement of governor Andrew Cuomo accented to a plan of allowing for the establishment of seven new casinos. However, this plan will further need the approval of voters through a referendum in the coming year.  If the plan sees the light of day, casino Aqueduct will have the green light of replacing the existing gambling devices with actual slot machines

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