New York's two new casinos open, reshaping the state's gambling future

A bold bet on local prosperity: New York's first casinos under a 2013 law open today. Will they transform economies—or spark new debates?

, and Administrator

2026 April 2 . 2:18 PM

1 min read

The image shows a casino sign lit up at night in front of a building, with text on the wall and... — The image shows a casino sign lit up at night in front of a building, with text on the wall and lights illuminating the area. On the right side of the image, there are boards with text, likely advertising the best casinos in Las Vegas.

New York's two new casinos open, reshaping the state's gambling future

New York has taken a major step in expanding its gambling industry with the opening of two new casinos. The move aims to keep gaming revenue within the state while boosting local economies. Officials say the funds will also support education and tax relief. The first two casinos under Governor Cuomo's 2013 law officially launched on February 8, 2018. Resorts World Catskills in Monticello and Rivers Casino & Resort in Schenectady both opened their doors at 10:00 AM. These venues mark the beginning of a broader plan to develop the state's gambling sector.

State law ensures the new casinos face no competition from downstate rivals for seven years. This protection period is meant to help them establish a stable customer base. Meanwhile, revenue that once flowed to neighbouring states will now stay in New York, benefiting local businesses and tourism.

The exact sites for future casinos remain undecided. However, the financial impact is already clear. A portion of the gaming profits will fund education programmes and reduce property taxes across the state. The opening of these casinos represents a shift in how New York manages its gambling industry. With revenue now staying in-state, local communities stand to gain from increased funding and economic activity. The seven-year protection from downstate competition further secures their early growth.