Aqueduct edges Yonkers in holiday week
December 6, 2011
The new Resorts World New York racino at Aqueduct generated $9.9 million for the week ended Nov. 26, winning the Thanksgiving Day holiday week by a sliver over Empire City Casino at Yonkers, which posted revenues of $9.8 million.
The first phase of the Aqueduct project opened October 1, with 2,200 gaming machines. Phase two of the project will open December 16, with an additional 2,500 machines. Aqueduct and Empire City are located on opposite ends of the New York City market, so most observers downplay fears of significant cannibalization of the Yonkers facility, which generated about $550 million in gaming revenue last year.
“What’s amazing is how quickly (Aqueduct) caught up to speed,” said Gordon Medenica, director of the New York Lottery, told the New York Daily News. “They’re doing a great job. We couldn’t be happier.” He said they have siphoned off some of Empire City’s business, but most of the customers are coming from elsewhere.
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