Resorts World Casino at Aqueduct Racetrack in Queens recently issued a proposal to expand its footprint, adding a 400-room hotel, a 140,000-square-foot convention complex, new food and retail options, a 20,000 square-foot spa, and about 1,000 new lottery machines.
According to the Wall Street Journal, the plan, presented to the New York State Franchise Oversight Board, was inspired by a 2015 proposal that would have allowed for a gambling parlor in Nassau County (it didn't end up passing). The 1,000 video-lottery machines that were to be installed at sites run by the financially-challenged Nassau Regional Off-Track Betting Corp. are now being sought after by Resorts World Casino.
If approved, a portion of the revenue from the machines will go to Nassau County—netting it an estimated $9 million in the first year alone—and additional dollars being put towards support for horse breeding and racing as well as the New York State education fund.
Other perks that may come as a result of the $400 million expansion include a projection of 1,500 available jobs, increased visitation, and increased revenue for New York State.
- Resorts World Casino Plans $400 Million Expansion [Wall Street Journal]