Resorts World New York City (RWNYC) has unveiled new projections showing it will contribute $2.5 billion to the Metropolitan Transportation Authority (MTA) over the next four years – far exceeding the $1.8 billion the MTA had budgeted in expected casino-related revenue. The funds include a $600 million upfront license fee and $1.9 billion in gaming tax payments between 2026 and 2029.
If granted a full casino license by December 2025, RWNYC could begin expanded operations by March 2026, making it the only fully operational downstate casino in New York City following MGM Yonkers’ withdrawal. The project’s financial impact will extend beyond transit: RWNYC will also direct $2 billion to education and $500 million to the equine industry, building on its $4.5 billion in public education contributions since opening in 2011.
Leaders across Queens and New York State have praised the development as a model for private-public partnership. Officials say the expansion will deliver steady revenue to fund transit improvements, education, and job creation, while transforming the Aqueduct Racetrack site into one of the nation’s largest gaming and entertainment destinations.
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