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Genting Group, through its subsidiary Resorts World New York City, revealed a sweeping proposal to transform its existing Queens casino into the state’s largest fully integrated resort. The proposal marked a significant development in the state’s competitive licensing process for casino in the New York City region.
The proposal aims to redevelop the 73-acre Aqueduct site in Queens, already home to Resorts World New York City, into a 5.6 million-square-foot entertainment complex. This would include 6,000 slot machines, 800 gaming tables, 2,000 hotel rooms, a 7,000-seat arena, more than 30 food and beverage options led by world-renowned chefs, expansive spa facilities, and over a dozen acres of community greenspace. More than 7,000 parking spaces are included in the plan.
Genting’s presentation emphasized the site’s strategic advantage, notably its proximity to JFK Airport and connectivity via transit, factors the company argues make it nearly risk-free from a construction or operational perspective.
Genting estimates the development will create up to 24,000 jobs and generate hundreds of millions of dollars in new tax revenue annually, benefiting both the state and the Metropolitan Transportation Authority. Since 2011, the operator says it has already contributed over $4.5 billion to New York’s public education fund and $2 billion to horse racing. Genting’s proposal is distinguished by both its scale and speed to market.
Notably, Resorts World New York City said the once-in-a-generation project could be open as early as July 2026.
Genting Group is competing with bids from MGM Resorts International (MGM), Steve Cohen-Hard Rock International, Caesars Entertainment (CZR)-SL Green (SLG)-Roc Nation, Bally’s Corporation (BALY), Silverstein Properties-Rush Street Gaming (RSI)-Parx Casino, and Mohegan Sun. Genting Group is controlled by the Lim family.