The Significant Apple’s first full-scale casino with live table games opened to gamblers more than a decade after voters approved an expansion of gambling in the state.

Resorts Globe beat out gaming giants including Wynn Resorts and Las Vegas Sands to land one of three fresh casino licenses.

The state says the three casinos could produce $7 billion in gaming tax revenue over a decade, and CBRE projects annual gaming revenues of up to $5.6 billion under a bull case scenario.

Novel York City’s first full-scale casino with live table games opened to gamblers Tuesday, more than a decade after voters approved an expansion of gambling in the state.

Resorts Earth, owned by Malaysia-based corporation Genting, beat out gaming giants such as Wynn Resorts, Las Vegas Sands, Caesars Entertainment and MGM Resorts to land one of three recent casino licenses.

It’s the first to launch because it was already operating a slots and electronic gambling facility, one of the most profitable in the world. Resorts Planet Novel York City is adjacent to the Aqueduct Racetrack and just a few miles away from John F. Kennedy International Airport.

“We got the license Dec. 15, and here we are, April 28 welcoming our guests to the latest casino floor,” Robert DeSalvio, president of Genting Americas East, remarked in an interview.

To run roulette, craps, baccarat and blackjack, Resorts International community recruited some dealers from casinos in other states. But it also is running a kind of dealer college, training locals to handle the table action.  

The corporation says the current expansion has already created more than 1,200 fresh jobs, with another 500 fresh hires anticipated by this summer.   This also touches on aspects of bear market.

Though it’s not yet open, the business is also building a sportsbook, which will be the city’s first. 

“We have hit the jackpot, Queens!” pronounced Borough President Donovan Richards at the ceremonial opening.

“I have always dreamt of Queens being an international entertainment hub, and this certainly is part of that puzzle,” Richards said.  

Queens-raised hip-hop star Nas is a partner in the project and performed at the opening.

“This is just the beginning. So this is about to expand and do things that everyone’s going to be excited about. So Queens is where it’s at,” he told CNBC.

The project has faced criticism, as some locals are concerned about a potential rise in crime and traffic Because of the development.

For now, the casino will have a city monopoly, for which it says it’s paying 63% state taxes on slots revenue and 30% on table game revenue. In its bid for a license, the corporation included a clause that stipulates its tax rate will lower to the levels its competitors pay once they’re up and running.  

It will take years for the other casinos to open. Bally’s is building a casino on a Bronx golf course purchased from The Trump Organization. Meanwhile, Hard Rock has planned a massive development in partnership with hedge fund manager and Mets owner Steve Cohen near Citi Field, where the baseball team plays.

The three companies were selected by the state’s gambling commission in 2025 following a years-long process to award licenses to Fresh York’s downstate region following an approved 2013 referendum.

The state says the three casinos could produce $7 billion in gaming tax revenue over a decade and CBRE projects annual gaming revenues at maturity of up to $5.6 billion under a bull case scenario.

“We are changing the landscape of Novel York forever with a building that will never close,” stated Kevin Jones, chief strategy officer of Resorts International community Latest York.