Resorts World New York City Submits Supplemental $7.5B Proposal, Including $2B in Community Benefits, for Full Commercial Gaming License to Create Largest Integrated Resort in the U.S.

New York City's Casino Projected to Generate $5 Billion in New Taxes in First Four Years, Create 100,000 Jobs and Deliver New Economic Opportunity

QUEENS, N.Y., Oct. 15, 2025 /PRNewswire/ -- Resorts World New York City has submitted its supplemental application to the New York State Gaming Facility Location Board, reaffirming its position as the state's strongest contender for a full commercial casino license. 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 financial numbers RWNYC presented today are simply staggering and stand head-and-shoulders above the competition.

• Between spending $5.5 billion developing the site and $2 billion on community benefits, the company is spending an astounding $7.5 billion on and around the project.
  
  
• Resorts World New York City is projected to deliver unmatched scale, the highest Gross Gaming Revenue, the highest casino taxes of any applicant – regardless of how many licenses are awarded and to what combination of the four remaining bidders – generating up to $4 billion by 2031 in the high-case scenario in which one casino license is awarded.
  
  
• State and local tax payments for the initial 10 years of operations will total up to $18.8 billion.
  
  
• New York State's largest taxpayer also upped the ante on its license fee, pledging $600 million – $100 million more than required by the state.

And New Yorkers won't have to wait long to visit the city's newest attraction. Among the competitors vying for up to three downstate gaming licenses, a fully permitted Resorts World New York City stands alone in its readiness to scale operations and start generating benefits for the city and state starting with a June 29, 2026 opening date – at least four years before two other bidders are predicting to open their doors.

"This is more than a bid—it's a promise kept to the people of New York," said Robert DeSalvio, President, 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."

An updated economic analysis shows Resorts World New York City will create more than 100,000 construction, permanent, indirect and induced jobs, as it realizes the proposed 5.6-million-square-foot integrated resort – the largest in the United States. The historic development will include a spacious 500,000-square-foot casino hosting 10,800 gaming positions, a 7,000-seat entertainment venue, 30 new dining options, day clubs and spas, and more than 12 acres of greenspace, as well as $2 billion in community investments.

"Resorts World is on the verge of turning Queens into a global destination – one all New Yorkers deserve," said Queens Borough President Donovan Richards. "The jobs, economic opportunity, and amenities in this proposal will change families for generations to come, faster and at a larger scale than anyone else."

Further, Resorts World's bid is the only submission that is fully committed to keeping revenue within the Empire State. While all other bids have close business ties to New Jersey's Atlantic City, Resorts World has a clear commitment to New York State – beyond the five boroughs. It is the only bidder with existing partner facilities in Upstate New York, meaning an awarded license will also uplift communities in Sullivan and Orange Counties through increased tourism, jobs, and shared resources. To accomplish that goal, Resorts World will provide $70 million in complimentary incentives for gamers to visit Resort World Catskills, to enjoy amenities such as Monster Golf Club.

"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," said New York State Assembly Member Paula Elaine Kay, representing for the Catskills region. "Resorts World has put forth a clear plan that ensures both upstate and downstate thrive, yet again demonstrating their commitment to our community."

As the State Gaming Facility Location Board evaluates final submissions, Resorts World New York City continues to stand out not just as the strongest candidate—but as the only one that's ready to deliver now. Unlike other proposals that remain years away from opening, Resorts World New York City is already operational and poised for rapid expansion. Upon receiving a full commercial license, Resorts World New York City will immediately begin construction and hire 1,000 new team members for the June 2026 opening.

In its first four years of casino operations, Resorts World New York City is projected to deliver $5 billion in casino taxes and direct billions of dollars to the MTA within the first five years of licensure alone. This is billions more than some competitors are expected to generate even years after opening their doors.

The supplemental submission comes on the heels of unanimous approval without amendment not only from the Community Advisory Committee (CAC) votes—but the people of Queens. Over the course of two hearings, elected officials, community leaders, union workers, and partners unanimously testified in support of the project. 

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SOURCE Resorts World New York City