Tag Archives: revenue

Resorts World breaks record for weekly revenue


| tcullen@queenscourier.com

Resorts World Casino New York keeps hitting records.

The racino took in almost $15 million between July 1 and 7, officials announced, breaking a previously held state record for gross slot gaming revenue and tax-generation by a gaming property. From the intake, the casino sent $6.5 million back to the state toward education.

Michael Speller, president of the racino, heralded the landmark event as a success since Resorts World opened less than a year ago. He added that Resorts World would continue looking for more ways to create revenue and jobs for residents.

“The record-breaking revenue that Resorts World has generated to support the education of New York’s students, and the more than 3,000 jobs we have created for hard-working New Yorkers, is proof positive that our partnership with New York State is working,” Speller said. “However, we can still do more. We will look to pursue additional opportunities in the future to generate even more revenue for the state and create thousands of more jobs for New Yorkers.”

The record for highest revenue in a week had been set by the racino in February, when it brought in $14.4 million, according to Resorts World.

The weekly record comes after the casino — the only in the five boroughs — announced in June that it beat out Las Vegas, Foxwoods and others for the most slot machine revenue in May, when the venue took in $57.5 million. Resorts World also made headlines in late June, when the not even year-old casino was robbed for the first time.

Food Fight: Bayside biz say food carts hurt


| mchan@queenscourier.com

The Courier/Photo by Melissa Chan

Bayside business owners say mobile food vendors that are popping up in the area and setting up shop near established eateries may be carting revenue away from them.

According to Sammy An, owner of Cue Bar on Bell Boulevard, a piggybacking Halal food cart vendor’s 24-hour service has robbed him of income.

“I keep seeing people walking out [of my restaurant], spending their money there and coming back to keep drinking,” An said. “But I have the kitchen open, and it takes away revenue.”

An — who said he pays about $26,000 a month for rent — said he also finds himself picking up after messes left behind by his competitor, who surfaced less than a month ago, in order to avoid being pinned for littering.

Majid Khan, owner of the Halal stand, heavily disputed the claims.

“If they believe we’re taking business away from them, they’re wrong,” Khan said. “If people like food from the restaurant, they’re going to go to the restaurant. If people like Halal food, they’re going to get food from us. You can’t stop anyone.”

According to Susan Seinfeld, district manager of Community Board 11, about a dozen home and business owners have filed complaints about the rise in food carts in northeast Queens.

Amongst concerns about the uncleanliness and clutter, Seinfeld said residents are more than displeased with how the carts have harmed the aesthetics of the area.
“This is not an addition they bargained for,” she said. “They want to keep the area low density, almost suburban, with trees lining the block. People keep everything neat and clean here, and they feel the food carts are unattractive.”

Seinfeld said the problem extends outside of the borough, but within Bayside alone she said the heavy hitters are located on Northern and Bell Boulevards, 73rd Avenue and Bell Boulevard, and Springfield Boulevard and Horace Harding Expressway.

According to Councilmember Mark Weprin, the City Council held hearings last week to discuss the growing issues. He said there are still “a lot of questions we’re trying to get answers to” before a real solution can be reached.

“I’m very concerned about the unfair competition these food carts create for local merchants,” he said. “There should be some limit as to where they can set up.”

John Amanatidis, owner of a grilled food stand on Northern and Bell Boulevards, said it’s all about coexisting with local businesses.

A neighborhood staple for 15 years, he said he closes up shop between 6 and 7 p.m. before the dinner rush begins at nearby restaurants.

“I leave. I respect them,” Amanatidis said. “But I have four kids. I have to pay rent, the bills and my taxes.”