Resorts World New York City (RWNYC) has unveiled a $5.5 billion expansion proposal to transform its Queens casino into New York’s largest integrated resort. This move aims to secure a coveted downstate casino license and bring significant community and economic benefits to NYC.
Resorts World’s Ambitious $5.5B Expansion Plan
Key Features of the Proposal
The planned expansion presents a modern and extensive gaming, entertainment, and hospitality destination. Highlights include:
- A robust 5.6-million-square-foot redevelopment of the Aqueduct site.
- 2,000 hotel rooms to cater to diverse visitors.
- A 7,000-seat entertainment arena hosting world-class events.
- 6,000 slot machines and 800 gaming tables offering a variety of options.
- Over 30 food and beverage outlets, alongside a luxury spa.
- Public green spaces and a redeveloped Aqueduct Racetrack turned into a 50-acre park with workforce housing plans.
- Ample visitor parking with over 7,000 spaces available.
Economic and Employment Impact
The project commits to delivering broad economic benefits to Queens and beyond:
- Job Creation: An estimated 5,000 construction jobs will be created during development and 5,000 permanent, unionized positions upon resort completion.
- Tax Revenue: Resorts World estimates hundreds of millions of dollars in additional tax revenue for NYC and New York State.
- Timeline: If approved, the resort expansion could open as early as July 2026.
Long-Standing Commitment to the Community
Established Operations and Local Involvement
Resorts World has been a staple in Queens since 2010, operating New York City’s only casino to date. Its track record demonstrates:
- The creation of over 1,000 union jobs during its tenure.
- Investments in local initiatives, from community programs to infrastructure.
- A well-documented history of tax contributions and collaborative partnerships with local stakeholders.
Strong Political and Civic Support
Prominent figures endorse the project, including:
- Congressman Gregory Meeks
- Queens Borough President Donovan Richards
- Numerous state and city legislators
Additionally, organizations like the Queens Chamber of Commerce and the National Urban League have voiced their support. Outreach includes the involvement of influential local personalities like Nas, enhancing public awareness and community connection.
The Race for Downstate Licenses
Resorts World competes in an environment where eight contenders are vying for up to three downstate casino licenses. Its established operations, community ties, and ability for rapid implementation provide a significant advantage.
Competitive Edge
- Existing operational casino, the only one in New York City.
- Deep community partnerships and proven reliability.
- Shovel-ready project timeline, minimizing risks for investors and regulators.
Conclusion
Resorts World’s $5.5 billion bid to expand its Queens casino represents a transformative opportunity for New York City. With its massive scale, significant economic benefits, and strong political and community support, it is a leading candidate in the ongoing downstate casino license race, offering unmatched potential for economic and social impact.
