As the Empire State awaits word on which three locations will be selected for downstate casinos in the future, and the fight to legalize New York online casinos goes on, one major player in the state has revealed its intentions.
Resorts World New York City (RWNYC) announced on Thursday its multibillion-dollar plans for the future at its casino in Southeast Queens. The project would add 2 million square feet of entertainment, gaming, retail, dining, and convention space to its already 1 million-square-foot facility.
The proposed 350,000-square-foot casino floor will be one of the largest in the world. The project will add 1,600 new hotel rooms on top of the 400 already online at the Hyatt Regency JFK Airport at RWNYC.
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New amenities will include a new, 7,000-seat entertainment venue; the Ayu DayClub, where customers can enjoy a custom curated beverage and the hottest DJs from around the globe; as well as the Awana Spa.
“We’re proud to have grown with the Queens community for over a decade,” Robert DeSalvio, President of Genting Americas East, said in a news release. “When we stood here more than a dozen years ago to break ground on Resorts World New York City, our vision extended well beyond that already-ambitious original plan – today, that vision can soon become reality.
Resorts World has generated more than $4 billion in revenue, which has helped support the state’s public education fund since the casino opened in 2011.
Should a full casino license be awarded this year to RWNYC, New York State would see an immediate $500 million financial windfall from the initial casino license fee alone. It is projected to generate hundreds of millions of additional dollars in new, direct annual revenue. There are no legal New York online casino apps yet.
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Recognizing a number of additional needs of the Queens community, RWNYC also announced it has pledged $50 million in start-up funding for the new Genting Innovation Campus. That project will include a state-of-the-art Kenny “The Jet” Smith Academy, led by the two-time NBA champion and Queens native who played 10 seasons in the NBA. Also slated are a Community Health and Wellness Center and a Queens STEAM Institute, plus $20 million for related initiatives throughout New York.
“Resorts World came to me with a clear goal of fostering tomorrow’s athletes, student athletes and leaders both on and off the court,” Smith said. “Their investment in this Academy will help us teach the next generation the nuances of the game on and off the court, as well as the social, economic, and cultural impact of sports. I’m thrilled to partner with them to improve the borough that raised me and take it to the next level.”
RWNYC will also create a new Aqueduct Park (site of Aqueduct Racetrack), which will see the creation of more than 3,000 homes, greenspace and improvements to mass transportation.
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