New York: Resorts World Catskills needs to remarket itself, local official says

Monday, April 29, 2024 8:06 PM
  • Ruby Rayner-Haselkorn, River Reporter

State gambling revenue is up, but Sullivan County’s casino revenue is down.

The Sullivan County treasurer, Nancy Buck, told the Budget and Management Committee in March that county tax revenue for 2023 is at the lowest since 2021.

Gaming revenue in Sullivan decreased a little over 21 percent between 2022 and 2023. The gaming revenue reported for 2023 is nearly $700,000 dollars less than in 2022.

Resorts World Catskills, which opened in 2018 in the Town of Thompson, had projected revenues of $309 million for 2019. The pandemic put a wrench in the casino’s grand plans, but there were concerns even before COVID about how realistic its projections really were. The lower-than-expected revenue seems unrelated to the pandemic.