The Newburgh Planning Board approved the plan to build the Resorts World Hudson Valley casino at Newburgh Mall one week after the town’s board enacted a zonal change which stood as the final approval for the project.
With the approval, the Hudson Valley casino is set to break ground this summer and could start operations by 2022.
In a written statement, Genting Americas Vice-President of Government Affairs and Public Relations Meghan Taylor said:
“We are extremely grateful for the ongoing support from the Town Council and the community as we move a step closer to building Resorts World Hudson Valley.”
“We look forward to breaking ground soon and delivering on our commitment to create good-paying union jobs for local residents, help revitalize the Newburgh Mall.”
Creating Jobs for Local Residents
Genting estimates that the Hudson Valley casino project will employ 200 people during the construction phase, which could take between six to 12 months depending on the shortage of building materials due to the COVID-19 pandemic.
Once completed, Resorts World says that the casino will employ 200 to 225 people full-time with 70% of those jobs filled by union employees. According to Taylor, they will be paying an estimated $15M in annual wages plus another $3M to the town of Newburgh via a Host Community Benefit agreement.
Revitalizing Newburgh Mall
The Hudson Valley casino is a $32M project that will renovate the former Bon-Ton department store at the Newburgh Mall to a 90,000 square feet electronic casino gaming area which is 44 miles from its sister property, the Resorts World Catskills in Sullivan City.
Resorts World Hudson Valley will bring a total of 1,300 video gaming machines plus a Bar360 lounge to the Mall, which is home to the latest Sears store in Hudson Valley but has struggled financially in recent years. The Hudson Valley casino is expected to bring in $160M in gross gaming revenue to the town.