Resorts World New York City (RWNYC) is enhancing its offerings with 1,400 newly introduced slot machines, coinciding with a groundbreaking ceremony scheduled today, Wednesday, for the upcoming phase of development.
This expansion introduces an entirely new gaming area on the first floor, showcasing a Dragon Den that features 114 titles from Aristocrat along with 48 Dragon Link machines.
The commencement of Phase Two of the redevelopment will take place on Wednesday, encompassing a 400-room hotel tower and a large 7,000-seat entertainment venue.
“Since our grand opening, we have witnessed immense popularity for our slot machines, bringing in more than $230 million in gross gaming revenue over merely 11 weeks,” stated Robert DeSalvio, President of Genting Americas East. “With the addition of these 1,400 slots, we can cater to a larger audience and further elevate tax contributions to the state.”
The latest phase of expansion falls within RWNYC’s comprehensive redevelopment strategy, projected to encompass a sprawling 350,000-square-foot casino housing 6,000 slot machines and 800 live table games, 2,000 hotel rooms, a 7,000-seat entertainment venue, alongside over 10 acres dedicated to public green space. Upon completion, RWNYC is poised to become the largest casino in the United States.
New rendering of the Resorts World expansion
Currently, Resorts World New York City employs about 2,200 staff members, with the expansion expected to generate an additional 500 to 2,700 jobs by the end of summer. Officials project that the enhanced casino will yield $10.8 billion in tax revenue for both state and local entities over its initial decade of operations.
The organization highlighted its contribution of over $5 billion to New York’s public education system since its inception in 2011 and reiterated its commitments, including $2.5 billion toward the Metropolitan Transportation Authority and a $2 billion community benefits package.
This expansion follows the successful launch of live table games on April 28, marking a significant milestone in RWNYC’s transition from a racino to a full-fledged commercial casino.
Reports from the New York State Gaming Commission indicate that gross gaming revenue from table games more than doubled, increasing from approximately $4.9 million in the first reporting week to over $10.4 million in the week ending July 12. Meanwhile, weekly slot revenue remained stable at around $20 million to $22 million.
The combined weekly gaming revenue climbed from $27.2 million to roughly $30.8 million, indicating that the growth has largely been propelled by enhanced performance in table games.
Additionally, the New York State Gaming Commission has granted full casino licenses to two other operators. Steve Cohen and Hard Rock plan to develop the Metropolitan Park casino complex near Citi Field in Queens, while Bally’s is set to establish a casino at Ferry Point in the Bronx.
Owned by Malaysia’s Genting Group, Resorts World is already at an advantage since it maintains operations at the site, whereas the new licensees are in the process of developing properties that will require several years to become operational.
In parallel, Bally’s Bronx is advancing with its development following its acquisition of the Ferry Point site for $157 million in February. Construction permit applications were filed earlier this month, aiming for a completion date in 2030.
Pre-construction work for Metropolitan Park commenced in February, although local news reports from May suggested that the project is running several months behind schedule. Developers have committed that these delays will not impede the planned 2030 opening.
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