The proposal by Full House Resorts to move its gaming license from Rising Sun to New Haven could result in over $250 million in annual profits and tens of millions of dollars in taxes.
That’s according to a preliminary third-party study the Las Vegas-based gaming company commissioned to show the economic impact of the move as it begins to court state lawmakers and local residents.
The study—which was conducted by real estate services firm CBRE—shows Full House’s proposal to build a $500 million casino in New Haven would generate $266.6 million annually in revenue by the third year of operation, along with almost $83 million in taxes.
