Possible MGM competitor now open in Albany area

Possible MGM competitor now open in Albany area


STORM TEAM WEATHER APP
BACK TO OUR OTHER TOP STORY!
RIVERS CASINO AND RESORT HAD ITS
GRAND OPENING TODAY IN
SCHENECTADY, NEW YORK.
22NEWS IS WORKING FOR YOU WITH
LIVE TEAM COVERAGE IN NEW YORK
AND
SPRINGFIELD, WITH HOW THIS COULD
IMPACT MGM’S FUTURE HERE.
WE BEGIN WITH 22NEWS REPORTER
MATT CARON, HE’S LIVE IN
SCHENECTADY
INSIDE THEIR NEW CASINO…
OPEN FOR BUSINESS.
WE’RE LIVE IN THE CONCOURSE AREA
OF THE NEW RIVERS CASINO IN
SCHENECTADY, N.Y.
THEY OPENED TO THE PUBLIC AT
NOON TODAY.
IT’S A 50,000 SQUARE FOOT GAMING
SPACE WITH MORE THAN 1,100 SLOT
MACHINES,
NEARLY 70 TABLES AND A 15 TABLE
POKER ROOM.
THERE’S ALSO BARS AND
RESTAURANTS AND A 10,000 SQUARE
FOOT EVENT HALL.
THEIR ALSO BUILDING A MORE THAN
150 ROOM HOTEL THAT WILL OPEN
THIS SUMMER.
THIS CASINO TOOK JUST 13-MONTHS
TO OPEN.
THE QUESTION IS HOW MANY CASINO
CAN THE NORTHEAST REGION
SUPPORT.
I ASKED A MAN WHO LIVES HERE IN
SCHENECTADY IF HE WOULD BE
WILLING TO
TRAVEL TO GAMBLE.
ABSOLUTELY AND PEOPLE SHOULD.
NEW PEOPLE LIKE
MYSELF WOULD VISIT AND TOWN LIKE
SPRINGFIELD, MASS. AND SEE WHAT
SPRINGFIELD
MASS. HAS TO OFFER. THEY NEED
SOMETHING TO BRING
PEOPLE INTO THE COMMUNITY AND TO
GIVE PEOPLE A REASON TO COME AND
VISIT YOUR TOWN.
ON 22NEWS AT 5:30 I’LL TALK WITH
THE CHAIRMAN OF RUSH STREET
GAMING.
THAT’S THE COMPANY THAT OPERATES
THE RIVERS CASINO. I ASKED HIM
IF HE’S
WORRIED ABOUT MGM SPRINGFIELD
SHRINKING HIS BUSINESS AND HIS
LATE
WEATHER INFO ON THE GO: DOWNLOAD
THE 22NEWS
STORM TEAM WEATHER APP
PLAYERS HERE IN THE NORTHEAST
NOW HAVE ANOTHER GAMBLING OPTION
WHILE THE
WAIT
CONTINUES FOR MGM SPRINGFIELD.
22NEWS REPORTER MATT CARON IS
LIVE IN SCHENECTADY N.Y. WHERE
THE RIVERS
CASINO OPENED TO THE PUBLIC JUST
HOURS AGO.
PEOPLE WERE LINED UP OUTSIDE
HOURS BEFORE THE DOORS OPENED AT
NOON TO
BE AMONG THE FIRST TO GET
INSIDE.
PEOPLE HERE ARE EXCITED ABOUT
1,000 NEW JOBS, AND HOPE THE
CASINO CAN
BRING REVENUE AND TOURISM INTO
SCHENECTADY.
BUT THE WIDER PICTURE RAISES A
QUESTION OF MARKET
OVERSATURATION.
CASINO OFFICIALS HERE SAY THEY
ARE FAR ENOUGH AWAY FROM OTHER
CASINOS
TO SURVIVE.
FROM WESTERN MASSACHUSETTS IT’S
ABOUT AN HOUR AND 45 MINUTE
DRIVE.
JUST A HALF HOUR LONGER THAN
GOING FROM SPRINGFIELD TO THE
CONNECTICUT
CASINOS.
THE CHAIRMAN OF RUSH STREET
GAMING TOLD 22NEWS THEIR FOCUS
IS LOCAL.
THESE ARE REGIONAL CASINOS. SO
SCHENECTADY
OR SPRINGFIELD FOR THAT MATTER
ARE NEVER GOING TO BECOME LAS
VEGAS.
AND YOU DON’T WANT IT TO BECOME
LAS VEGAS.
YOU WILL GET SOME ANCILLARY OUT
OF MARKET
BUSINESS BUT YOUR PRIMARY DRIVER
IS THE LOCAL RESIDENTS.
THE RIVERS CASINO BOAST ABOUT
50,000 SQUARE FEET OF GAMING
SPACE, BARS, RESTAURANTS, A SPA,
AND AN EVENT HALL WITH A
SEPARATE CASINO TO OPEN IN
THE SUMMER.
ON 22NEWS AT 6 I’LL SHOW YOU HOW
THE RIVERS CASINO STACKS UP
AGAINST
MAKE ANY
BACK TO OUR TOP STORY TONIGHT..
WHILE CONSTUCTION IS ONGOING ON
MGM SPRINGFIELD, ANOTHER GAMING
DESTINATION JUST OPENED ABOUT AN
HOUR AND HALF AWAY.
22NEWS IS WORKING FOR YOU
TONIGHT WITH LIVE TEAM COVERAGE
FROM
SPRINGFIELD TO
SCHENECTADY, NEW YORK.. WHERE
RIVERS CASINO OPENED THEIR DOORS
AT NOON
TODAY.
LETS BEGIN WITH 22NEWS REPORTER
MATT CARON WHO’S LIVE INSIDE
THAT NEW
CASINO.
I WANT TO GIVE YOU A TOUR AND
SHOW YOU HOW THE RIVER’S CASINO
WILL STACK UP
AGAINST MGM-SPRINGFIELD.
THE RIVERS COST $330-MILLION.
MGM WILL BE $950-MILLION.
IT’S ABOUT ONE THIRD THE PRICE
AND HALF THE SIZE.
WITH ABOUT 50,000 SQUARE FEET OF
GAMING — MGM WILL HAVE MORE
THAN
DOUBLE THAT.
AND DOUBLE THE PARKING.
IT WILL HAVE MORE HOTEL ROOMS,
SLOTS, TABLE GAMES, AND MORE
RESTAURANTS.
IT WILL ALSO HAVE RETAIL SPACE
WHICH THIS CASINO DOES NOT HAVE.
IT TOOK JUST 13 MONTHS FROM THE
GROUNDBREAKING FOR THE RIVERS TO
OPEN.
AS AN URBAN CASINO, IT’S TAKING
MGM A LOT LONGER BECAUSE OF THE
PERMIT PROCESS
FOR DEMOLISHING EXISTING
BUILDINGS.
THE RIVERS GENERAL MANAGER
ADMITS…THEY ARE GLAD TO BE
OPEN
BEFORE MGM.
IT’S ACTUALLY A REGIONAL CASINO
BUT WE LOOK OUT
OF
MARKET AS WELL. SO WE WOULD LIKE
TO ENJOY
SOME OF THAT SPRINGFIELD MARKET
UNTIL YOU OPEN IN THE FALL OF
2018.
AS FAR AS MARKET SATURATION
GOES. CHEEKS, WHO WORKED IN
ATLANTIC
CITY SAID MOST CASINOS IN THE
NORTHEAST ARE SPREAD FAR ENOUGH
APART TO SURVIVE.
THE RIVERS CASINO IS LESS THAN A
HALF HOUR FROM ALBANY AND ABOUT
AN HOUR
AND A HALF AWAY FROM THE NEAREST

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