Rivers Casino Schenectady Closing

Rivers Casino Schenectady Closing

What is the reason for the Rivers Casino Schenectady closing?

Rivers Casino Schenectady is closing on February 28, 2023, after more than a decade of operation. The casino’s parent company, Rush Street Gaming, announced the closure in December 2022, citing a number of factors, including the impact of the COVID-19 pandemic and increased competition from other casinos in the area.

What impact will the Rivers Casino Schenectady closing have on the local economy?

The closure of Rivers Casino Schenectady is expected to have a significant impact on the local economy. The casino employs more than 1,000 people, and its closure is expected to cost the local economy an estimated $100 million per year. The casino is also a major tourist attraction, and its closure is expected to have a negative impact on tourism in the area.

What are the other casinos in the area?

There are a number of other casinos in the Albany area, including the Mohegan Sun at Pocono Downs, the Turning Stone Resort Casino, and the Saratoga Casino Hotel. These casinos are all located within a short drive of Rivers Casino Schenectady, and they are expected to benefit from the closure of Rivers Casino.

What are the plans for the Rivers Casino Schenectady property?

Rush Street Gaming has not yet announced any plans for the Rivers Casino Schenectady property. However, the company has said that it is committed to working with the local community to find a new use for the property.

What are the reactions to the Rivers Casino Schenectady closing?

The announcement of the Rivers Casino Schenectady closing has been met with mixed reactions from the local community. Some people have expressed disappointment and concern about the impact of the closure on the local economy. Others have welcomed the closure, saying that it is a sign that the area is moving away from its reliance on gambling.

The closure of Rivers Casino Schenectady is a significant event for the local economy. It is likely to have a negative impact on the number of jobs in the area, as well as on tourism. However, the closure could also be seen as a sign that the area is moving away from its reliance on gambling and is instead focusing on other forms of economic development.