Record $1.13B wagered at Aqueduct racino in July - NEWS10 ABC: Albany, New York News, Weather, Sports

Record $1.13B wagered at Aqueduct racino in July


NEW YORK (AP) - Gamblers wagered a record $1.13 billion at the "racino" at Aqueduct Racetrack in New York City last month, the latest evidence that the popular electronic gambling operation is putting a dent in neighboring states' casino revenues.

The Resorts World Casino New York City in Queens reported to state regulators that the amount gambled and the net revenue for July were at an all-time monthly high since its opening in October. The casino - often called a racino because it overlooks the Aqueduct thoroughbred track - has about 5,000 electronic slots and other games.

The Aqueduct facility opened last year with an eye toward the massive New York City market. Some metropolitan area gamblers say they're going to Resorts World instead of casinos in New Jersey or Connecticut because it's closer.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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