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Resorts World New York City has submitted a $7.5 billion supplemental proposal to the New York State Gaming Facility Location Board in its bid for one of three downstate full commercial casino licenses.
The filing marks the next phase in the state’s licensing process, known as the supplemental application, where applicants provide detailed financials, tax-rate proposals and community impact models following local approval.
Resorts World’s plan calls for transforming its Queens property into what it says would be the largest integrated resort in the United States, backed by $5.5 billion in site development and $2 billion in community benefits.
The plans include a projected opening date of June 29, 2026 — several years ahead of other casinos competing for downstate licenses.
“With unmatched scale, speed, excitement and support, Resorts World New York City’s proposal will deliver more jobs, more revenue, and more immediate economic impact than any other bid in the running,” the casino said in a news release.
The company also pledged to pay $600 million for its license, $100 million more than the state requires.
Inside Resorts World NYC’s $7.5B casino expansion plan
Resorts World NYC is the only remaining downstate license applicant that operates an existing New York casino. If the property wins a license, the facility would expand into a 5.6 million-square-foot resort casino that includes:
- 500,000 square feet of casino gaming
- 10,800 gaming seats
- A 7,000-seat entertainment venue
- 30 new dining options
- Day clubs
- Spas
- 12 acres of green space
The expansion is expected to create more than 100,000 jobs, including construction, permanent, indirect and induced positions.
The company estimates the project could generate up to $4 billion in tax revenue by 2031 and $18.8 billion in state a local tax revenue by 2036.
“This is more than a bid—it’s a promise kept to the people of New York,” said Robert DeSalvio, president of Resorts World NYC’s parent company, Genting Americas East.
“No other project will come online faster, generate more financial impact, create more jobs or send more revenue to the state’s education fund, the MTA and local communities than Resorts World New York City.
The company also claims it is the only bidder with existing partner facilities Upstate, saying that advantage helps ensure gaming and tourism dollars remain in New York.
Community, lawmakers rally behind Resorts World NYC
However, Resorts World appears to have avoided much of that opposition, saying its proposal gained unanimous support from a wide range of stakeholders during two community hearings.
The project has the support of New York State Assembly Member Paula Elaine Kay, who expressed her support in a statement.
“All my experiences with Resorts World have shown me that they walk the walk when it comes to keeping gaming and tourism dollars in New York State. We are so excited to see them move forward,” Kay said.
“Resorts World has put forth a clear plan that ensures both upstate and downstate thrive — yet again demonstrating their commitment to our community.”
Next steps in New York’s casino licensing process
Resorts World and its two competitors, Hard Rock and Bally’s, will have to wait more than a month to learn their fate. The Gaming Facility Location Board is expected to announce its recommendations for licensure on Dec. 1, with winning applicants slated to receive their licenses on Dec. 31, provided they pay the $500 million licensing fee.
