Rivers casino struggles to match expectations

Rivers Casino and Resort released October’s report, showing an unexpected growth to US$100 million.

US.- Rivers Casino and Resort’s operators shared to the international gaming market October’s reports on gaming revenue. As revealed by the company’s official report, the recently opened gaming salon has passed the US$100 million mark in dollars gambled. Rivers Casino and Resort was inaugurated only nine months ago, but still hasn’t achieved what was initially expected.

The gaming venue has achieved US$11.11 million from October’s operations, “barely more than the $11.08 million gambled there in February — a month when the casino was open only 21 days,” according to the state Gaming Commission’s statement. Experts consider new facilities take time before generating the expected results.

“They came in with what they felt were fair projections,” Leesa Perazzo, president of the City Council and chairwoman of its finance committee commented after the release of October’s results. “But any new property is just that, new. It’s not even a year old. It’s going to take a while for it to hit its full stride. So far I’ve been very happy with what I’m seeing.”

Meanwhile, Schenectady’s gambling facility Rivers Casino and Resort announced the name of the upcoming hotel that is set to boost the tourism activity in the area. The Landing Hotel is part of the original structure of the casino.