66.6 million people visited NYC in 2019.
53 million from the US.
13 million international.

74 billion dollars was the total spending in 2019 from tourist and the economic impact was 118 billion dollars.

Right now, NYC is planning on building three casinos, with some rumors Manhattan can get one, but more likely Queens could get it.

How much money could this generate?

42 million people visited Las Vegas in 2019.
63 casinos are in Las Vegas currently, with 30 on the main strip.
22 billion dollars was the revenue in 2019.

$717 was the average amount gambled per tourist in Las Vegas for 2021.

Next up, Atlantic City.

27 million people visited Atlantic City in 2019.
9 casinos are in the city.
3.3 billion was Atlantic City’s 2019 casino revenue.

Player spending for tourist is estimated to average at $580.

What does this mean for NYC with gambling?

First up, a quick look at money for residents.

$67,000 is the average household income in NYC.
$58,000 is the average in Vegas.
$29,000 is the average in Atlantic City.

Also resident size is noticeably larger.

8.3 million people live in NYC, versus 644,000 in Vegas and 38,000 in Atlantic City.

NYC has over 10x the residents of those two cities combined, with a higher average income. They also have higher incomes on average.

This along with a much larger tourist economy would suggest NYC even with fewer casinos can compete revenue wise with Las Vegas.

Just to get an idea, there’s already one NYC casino in a bad location, which made 630 million dollars in revenue in 2021.

If one managed to open in Manhattan, it’d be an auto 10 billion dollar a year business if done properly.