There were two major points in Governor Andrew Cuomo’s State of the State speech that everyone saw coming, both of which have a lot to do with Queens.
During his speech on Wednesday, January 4, the governor formally introduced the idea of legalizing full table gaming in New York State, which would mean big news for Resorts World Casino in South Ozone Park. He also revealed his plan to initiate the building of the country’s largest convention center on that ground, the former site of the Aqueduct Racino.
The 3.8 million-square-foot convention center would accommodate the nation’s largest events, drive demand for hotel rooms and restaurants, and create new tourism revenues. The project would be a $4 billion investment that the governor said is estimated to generate tens of thousands of jobs and create new economic activity throughout the state.
“Today is different. We are not just talking about problems, we are talking about our opportunities,” he said. “Let’s build the largest convention center in the nation, period.”
The project would be headed by Genting America, the same company that conceived and constructed the Resorts World Casino at Aqueduct.
“Genting America is extremely excited about this opportunity to partner with Governor Cuomo to build the largest convention center in the country,” said Genting America’s senior vice president of development Christian Goode. “It’s a great time to invest and grow in New York, and we are thrilled to be able to play a role in creating jobs and increasing tourism.”
On the gaming end, Cuomo said the state must develop a comprehensive approach to casino gaming because the state is losing tax revenue, tourism dollars and jobs to neighboring states. Cuomo said he will support a constitutional amendment to allow gaming in the state, which he said will generate an estimated $1 billion in economic activity in the state.
“It’s not about chips and cards, it’s about jobs,” he said. “Let’s get the jobs back in New York, and let’s take the first step this year.”