New Haven's $500M Casino Project Promises Thousands of Jobs and Economic Growth
Full House Resorts Inc. has unveiled plans for a major new casino project in New Haven. The development, estimated to cost $500 million, will bring thousands of jobs and significant economic benefits to the area. A recent study by CBRE highlights the project's potential impact on local employment and tax revenues.
The casino project will unfold in two phases, each generating substantial economic activity. Phase one alone is set to create 2,760 temporary jobs, with phase two matching that number. Together, these stages will produce nearly 3,000 construction roles and over $324.6 million in wages.
During the building phases, the total economic output is expected to exceed $1.1 billion. Tax revenues from these phases will reach nearly $200 million. Once operational, the casino will support 2,890 permanent jobs and contribute an annual output of $569.7 million. Full House Resorts, which already operates venues in Nevada, Colorado, Illinois, and Mississippi, plans to relocate a casino licence from Indiana's Rising Star Casino to New Haven for this project.
The new casino will bring long-term employment and financial gains to the region. With thousands of jobs created during and after construction, the project aims to boost local economic growth. Tax revenues and operational output will further strengthen the area's financial outlook.
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