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The Queens casino will add a second hotel tower and 7,000-seat arena as part of its growth into the largest integrated gaming resort in the United States. The project follows the addition of 1,400 slot machines the previous day.
New York PostResorts World New York City casino in Queens will launch the next phase of its expansion on Wednesday. New York Post reported that the $5 billion project will include a second 400-room hotel tower and a 7,000-person concert arena. The expansion follows the unveiling of a first-floor addition the day before that brought 1,400 new slot machines online.
Resorts World, owned by the Malaysian-based Genting Group, received a state gaming license earlier this year that allowed it to offer live table games and become the first full Las Vegas-style casino in the five boroughs. The casino now operates Blackjack, craps, baccarat and roulette at 240 tables along with nearly 4,000 slot machines.
It had employed 2,200 people before the expansion and expects to add between 500 and 2,700 jobs by the end of summer.
The next phase will also complete the Kenny “The Jet” Sports and Media Complex three years ahead of schedule. The complex is named after former Houston Rockets player Kenny “The Jet” Smith. Plans call for a new luxury Crockfords hotel, a central plaza and a parking garage fitted with thousands of solar panels.
The expanded complex will eventually total 2,000 hotel rooms. New York Post reported that Resorts World has proposed a $2 billion community benefits package that includes up to 50,000 units of workforce housing across the five boroughs and a $100 million infrastructure improvement plan. The casino anticipates paying $10.8 billion in state and local taxes over the first 10 years of the expansion.
It is also expected to generate $2.5 billion for the Metropolitan Transportation Authority and $2 billion for the state public education system. The state Gaming Commission has awarded two additional licenses for full casinos in New York City. Steve Cohen and Hard Rock plan a complex near Citi Field in Queens, while Bally’s intends to open a casino in the Bronx on the site of President Trump’s former golf course at Ferry Point.
The Trump Organization stands to receive up to $115 million from that project. Resorts World has generated more than $5 billion in revenue for New York State’s public education system since it opened in 2011.
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