You might be surprised to learn that the Catskills Resort Casino, renowned for its luxurious amenities and impressive profits, is owned by the Genting Group.
This stunning casino, nestled in the heart of the Catskill Mountains, is a far cry from the once-sleepy resort town it used to be.
Now, thanks to the Genting Group, the casino is drawing in customers from near and far.
Key Takeaways
- The Catskills Resort Casino has had a history of ownership changes, with the Concord Hotel, Kutsher family, American Racing and Entertainment Group, and Genting Group all having owned the property at different times.
- The casino offers a variety of gaming options, including slots, table games, poker, and sports betting. It also provides luxurious hotel accommodations and a range of dining options.
- The resort casino provides ample gaming opportunities, with a wide selection of slot machines, table games like blackjack and roulette, poker tournaments, and sports betting options.
- The hotel accommodations at the Catskills Resort Casino cater to different needs, with standard rooms and luxurious suites available. The resort also offers scenic views of the Catskill Mountains, making it suitable for both romantic getaways and family vacations.
Current Owner: Genting Group
You may already know that Genting Group currently owns the Catskills Resort Casino, but do you know the historical timeline of ownership?
Let’s take a look at the history of ownership of the Catskills Resort Casino.
From its opening in 1958 to the present day, the Catskills Resort Casino has been owned by a variety of companies and groups.
Let’s take a look at the history of ownership of this iconic casino.
Historical Ownership Timeline
Throughout its history, the Catskills Resort Casino has had several different owners. First, it was held by the Concord Hotel, then by the Kutsher family, and later by the American Racing and Entertainment Group. In 2017, the Genting Group acquired the property.
These changes have had a significant social and economic impact on the local community.
-
The Concord Hotel provided employment opportunities to local residents, boosting economic development.
-
The Kutsher family owned the property for over fifty years, creating a bond with the locals.
-
The American Racing and Entertainment Group invested in the property, leading to new renovations and amenities.
-
The Genting Group brought new ideas and fresh energy into the Catskills, leading to further improvements.
Amenities of Casino
At the Catskills Resort Casino, you have the opportunity to experience the best of gaming, accommodations, and dining.
With a wide range of gaming options, you can hit the slots or try your luck on the tables.
If you’re looking for somewhere to stay, the resort offers luxurious hotel accommodations with stunning views.
Lastly, you’ll find plenty of dining options, from casual bites to upscale restaurants.
Whether you’re looking for a night of fun or a weekend getaway, the Catskills Resort Casino has something for everyone.
Gaming Opportunities
Catskills Resort Casino offers a vast array of gaming opportunities. This includes slot machines, table games, poker, and sports betting. No matter their level of experience, players can learn playing strategies for each game.
Slot machines are a great way to get started, especially for those who are new to gaming. The resort has over 1,600 machines with a variety of themes and denominations. From penny slots to high roller games, there is something for everyone.
For those looking for a more traditional gaming experience, the resort offers table games such as blackjack, craps, and roulette. These classic games provide an exciting and immersive experience for players.
Poker enthusiasts will also find plenty of options at Catskills Resort Casino. The resort hosts several tournaments and cash games daily, allowing players to showcase their skills and compete against others.
Sports betting is another popular option at the resort. The sportsbook features 10 betting kiosks, providing a convenient and enjoyable way to bet on your favorite sports events.
With such a wide range of gaming options, Catskills Resort Casino has something for everyone. Whether you’re a beginner or a seasoned player, you’re sure to find an exciting and rewarding experience at this resort.
Hotel Accommodations
The resort offers guests a variety of lodging choices, from luxurious suites to budget-friendly rooms. You can stay in comfort and enjoy the resort atmosphere no matter what your budget.
| Rooms | Suites |
|---|---|
| Standard | King Suite |
| Deluxe | Junior Suite |
| Junior Suite | Deluxe Suite |
| Family | Presidential Suite |
The rooms come with all the amenities you need, from air conditioning and LCD televisions to complimentary Wi-Fi access. The suites are even more luxurious, with roomy layouts and separate living and sleeping areas. All rooms feature views of the scenic Catskill Mountains and the resort’s grounds.
Whether you’re looking for a romantic getaway or a fun family vacation, Catskills Resort Casino offers the perfect place to stay. Enjoy the comforts of home while enjoying the resort’s many amenities.
Dining Options
From fine dining to family-friendly restaurants, there’s something for everyone at the Catskills Resort Casino. Whether you are looking for a romantic night out, a private event, or just want to grab a bite, you can find it all here.
Here are some of the options:
- Enjoy a night of fine dining at one of the many classic restaurants.
- Take in the nightlife at the resort’s bars and lounges.
- Plan a private event in one of the ballrooms or meeting spaces.
- Stop by one of the resort’s cafes or delis for a quick meal.
- Get a taste of the Catskills with home-style cooking at the family-friendly restaurants.
No matter what type of dining experience you’re looking for, the Catskills Resort Casino has something for everyone!
Current Profits of Casino
Recent reports indicate that Catskills Resort Casino has seen a marked increase in profits over the last year. This has been largely attributed to the increase in online gambling, as well as a surge in visitors playing slot machines. With the casino’s success, it has been able to reinvest in other areas of the business, such as renovating the resort and adding new amenities.
| Q1 2020 | Q1 2021 | |
|---|---|---|
| Slots | $4M | $5M |
| Table | $3M | $4M |
| Online | $1M | $2M |
This has enabled Catskills Resort Casino to offer a better experience for its guests. Moreover, the increase in profits has allowed the casino to invest in marketing and advertising, helping to bring in even more customers. This has led to an overall increase in revenues, which is good news for all stakeholders involved.
The casino has also made strategic choices to reduce costs, such as cutting out unprofitable games and focusing on its core offerings. This has enabled it to maximize its profits and continue to reinvest in the business. As a result, Catskills Resort Casino has seen a marked improvement in its bottom line over the last year.