Resorts World New York City is setting its sights on becoming the Empire State’s premier gaming and entertainment destination. The operator, a subsidiary of Genting Group, has revealed a $5.5 billion redevelopment proposal to transform its existing site in Queens into New York’s largest full-scale integrated casino resort.
Currently operating as a video lottery terminal (VLT) racino adjacent to the Aqueduct Racetrack, Resorts World NYC is aiming to secure one of three full commercial casino licenses expected to be awarded in downstate New York. The proposed expansion would bring a full-service casino, luxury accommodations, world-class dining, state-of-the-art entertainment venues, and a cutting-edge convention center to the borough.
A Transformative Vision for Queens
The redevelopment plan includes over 350,000 square feet of new gaming space, a 1,600-room hotel, and immersive experiences including live music venues, high-end retail, rooftop amenities, and a modern wellness center. Resorts World Bet – the brand’s sports betting arm – would also expand its footprint as part of the resort’s digital integration.
According to Genting, the project would generate more than 5,000 union jobs during construction and operations, while delivering over $1 billion in annual tax revenue to the state. Company officials emphasize that the expansion would be built with sustainability, inclusivity, and community investment at its core. Plans also include enhanced public transit accessibility and local small business partnerships.
Backed by local unions and civic leaders, the proposal has garnered strong support in Queens, where Resorts World already plays a major economic role. The existing property has delivered more than $4 billion in tax revenue since its 2011 debut, and its current workforce is 95% union-represented.
Competing for the Downstate Market
Resorts World isn’t alone in the race for a full-scale downstate casino license. Bidders like Caesars, Wynn, and Hard Rock have proposed ambitious Manhattan-based resorts. However, Resorts World’s operational experience, existing infrastructure, and deep ties to the Queens community may give it a competitive advantage.
If approved, this redevelopment would become one of the most significant private investments in the city’s history and establish Queens as a major tourism and entertainment hub. The vision is bold, but for Resorts World and its backers, it represents a bet on New York’s economic future.
