The City of Schenectady will receive millions from its new casino even before the project begins operating.
The Daily Gazette reports the city will get an estimated $3.5 million from the casino operated by Rush Street Gaming.
The company is required to pay a $50 million state licensing fee by March 31st. $5 million of that fee will be split evenly between the city and Schenectady County.
The city and county would receive money from fees on the casino's $200 million mortgage.
Schenectady mayor Gary McCarthy plans to use the money for property tax relief.