Updated
Updated · CNBC · Apr 28
Resorts World New York City opens first full-scale casino with live table games
Updated
Updated · CNBC · Apr 28

Resorts World New York City opens first full-scale casino with live table games

12 articles · Updated · CNBC · Apr 28
  • The Queens casino, adjacent to Aqueduct Racetrack, launched April 28 with over 240 table games and 2,500 slot machines, creating more than 1,200 new jobs and planning 500 additional hires by summer.
  • Resorts World is currently the only full-scale casino in New York City, paying 63% state tax on slots and 30% on table games, with a sportsbook under construction and Queens-raised rapper Nas as a project partner.
  • The opening follows a 2013 referendum and a competitive licensing process, with two more casinos planned in the Bronx and near Citi Field. Some locals express concerns about increased crime and traffic from the development.
As NYC's economy falters, can a Queens casino truly reverse the city's troubling job losses?
Beyond the high-paying jobs, what is the true cost of a casino in a Queens neighborhood?
With wages nearing $100K, are casino jobs the new, secure path to the middle class?
Can casino tax revenues help solve New York's multi-billion dollar budget crisis?
With a multi-year head start, can any rival challenge Resorts World's NYC casino dominance?
Will the casino's massive expansion uplift local small businesses or only corporate partners?