The casino would eventually create enough jobs to lower the county’s unemployment rate from 13.5 percent to 5 percent, he said. If houses for sale in the area “are bought by well-paid employees, and they start paying school taxes and eating at local restaurants and paying sales tax, it creates a ton of economic activity which is largely taxable,” Treanor said. If the casino succeeds in creating more local jobs, it could broaden the county’s tax base, making up for the loss in property taxes, Nevele’s C.E.O. Nevele’s figures are being used to help justify its application to the Ulster County Industrial Development Agency for roughly $100 million in tax breaks over the next 15 years. Two casino proposals in Sullivan County-Mohegan Sun and the Montreign Resort-estimate 2,100 and 2,400 full-time permanent jobs, respectively.Īnd in Ulster County, a proposal by the Nevele Resort claims the project would create between 2,250 and 2,440 permanent jobs. The companies proposing casinos closest to New York City-in Sullivan, Orange and Ulster counties-claim their projects would create thousands of permanent jobs.Ĭaesars, which has proposed a massive destination resort near Woodbury, in Orange County, estimates its project would create 3,000 permanent positions. The state actually estimates the four casinos would create 4,000 permanent jobs, but that 1,100 of those would be positions that would be lost at gambling-related industries throughout the state, such as racinos.

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