BUSINESS & ECONOMY

New York City Racino Could Take Business from Atlantic City

The Aqueduct Racetrack opened New York City’s first “racino” in October, an establishment containing video slot machines and electronic games to go along with the racetrack. The facility drew 65,000 visitors in two days and a new level just opened with an additional 2,000 slot machines. The goal is to compete with Atlantic City, giving New York residents a place to gamble that’s closer to home.

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While some may choose a quicker trip to play the slots, others say they like the overall experience of Atlantic City that makes it worth the trip. Casino operators there hope their customer base doesn’t choose to gamble in New York or Pennsylvania, two places that have begun offering more options for gamblers. New Jersey is willing to spend millions to revitalize Atlantic City, but with revenues falling and new gambling facilities popping up, some are concerned. NJToday’s Lauren Wanko files this report from Atlantic City.