Resorts World celebrates 10th anniversary with New York’s $400M hotel opening

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yatt Regency JFK Airport at Resorts World New York celebrated its opening on Friday, August 6. It is an eight-story luxury hotel featuring 400 residential-inspired guestrooms and premium suites, and costed about $400 million.

The ribbon-cutting featured executives from Genting, which owns the hotel and casino, as well as Hyatt representatives, local officials and community leaders. The hotel is now officially opened for guests.

The hotel also features a restaurant, a fitness center, conference and meeting spaces and additional gaming areas; as well as a grand lobby, connected with Resorts World New York City, expected to be used for events and musical performances.

“There is no better way to celebrate Resorts World’s 10th anniversary than with the opening of this world-class hotel in New York City,” said Bob DeSalvio, President of Genting Americas East, who described the collaboration with Hyatt as an “unparalleled casino resort experience.”

In terms of entertainment, the property offers 6,500 slots and electronic table games. Resorts World New York City currently features three levels of gaming –Times Square Casino, Fifth Avenue Casino and Central Park Casino– along with high-limit rooms.

Resorts World New York City is the only casino in the city, opened in 2011. It receives an estimated of 8 million guests annually. According to July data, the casino reported $56.3 million in net win on a daily average of 5,109 VGMs.

“While the hotel has always been part of our vision, today’s ribbon-cutting takes on additional significance, as we celebrate the Queens community and do our part to move New York forward,” added DeSalvio.

The new development brings the total investment in Resorts World New York City to over $1.1 billion and it is expected that the hotel addition will create new careers for New Yorkers, as well as additional revenue for New York State’s Lottery Education Fund.