Case Study:
Aqueduct Race Track near JFK Airport, an iconic property in Queens, New York was converted into
a casino by Resorts World Casino International, member of the Genting Group. This became the first and very popular casino in New York city, which was further enhanced by the addition of a new state-of- the-art Hyatt Hotel to the famous property.
CUSTOMER:
INDUSTRY:
LOCATION:
Resorts World Casino
Leisure & Hospitality
Queens, NY, USA
Energy Efficiency Audit
Customer Overview
Resorts World Casino International was looking to make their newly converted casino property more energy efficient to update their building management system software, and to comply with new Environmental, Social, and Governance (ESG) and Government mandates.
Challenge
World Kinect partnered with leading energy efficiency audit and retrofit providers to perform an energy audit of all casino facilities and to provide the reporting necessary for compliance purposes.
World Kinect Solution
The audit showed that since the original racetrack was renovated in 1956, its steam plant with hot water heat exchangers and three very large steam boilers have exceeded their usable life. The outdated boilers were replaced by two specially-designed Aerco high-efficiency condensing boilers, displacing the steam load at the heat exchangers.
The steam plant’s energy efficiency was increased by more than 40%, while saving over $30,000 per year in maintenance fees on the old boilers.
Retrofitted the parking garage and selected areas of the building with new LED lighting fixtures and LED lamps.
The legacy building management system (BMS) software was replaced by an updated software platform, installed without interruption to the property. The analytic software overlay made the web-based BMS more intelligent and included fault detection with alarms for anomalies, data collection for curtailment and weather adjustment recovery times.
Business Impact
ACHIEVED
ENERGY EFFICIENCY
& ESG COMPLIANCE
$294K / YR
IN REDUCED
ENERGY COSTS
Reduce your
carbon
footprint
Resorts World Casino facilities became significantly more energy efficient
Achieved compliance with government and ESG mandates
Realised $294K savings in annual energy costs, with estimated 10-year positive cash flow of >$2M.
New equipment investment recapture period was only 3.1 years, with the 32% internal rate of return.
$2M 10-YEAR POSITIVE
CASH FLOW
On the corporate front, there are heightened calls from regulatory bodies and institutional investors pushing for better ESG practices and reporting amongst corporations, especially on climate action and the transition towards a low-carbon future. In the US, Resorts World New York is committed to protect the environment, particularly through compliance with relevant legislations and regulations, reducing pollution, effective waste management, protection as well as ongoing monitoring and improvement of environmental performance.
FROM THE GENTING GROUP’S SUSTAINABILITY REPORTING
