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Genting Malaysia says full casino operations could be launched within six months if New York bid successful

Ben Blaschke by Ben Blaschke
Tue 1 Jul 2025 at 06:11
Genting Malaysia’s New York subsidiaries price an additional US$100 million senior notes as equity raising continues

Resorts World New York City

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Genting Malaysia said Monday that it could launch table game and complete slot machine operations at its New York casino, Resorts World New York City (RWNYC), within six months should it win one of three full casino licenses on offer in New York.

The update came as the company confirmed it has submitted its bid for a commercial casino license to the New York State Gaming Commission – one of eight companies to submit their bids last week. Other bidders include MGM China parent MGM Resorts International, which is looking to expand its existing Yonkers site, plus Hard Rock International (Queens), Bally’s Corp (the Bronx), Mohegan Tribal Gaming Authority (Kips Bay, Manhattan), Caesars Entertainment (Times Square), Silverstein Properties (Hell’s Kitchen Manhattan) and a consortium linked to Chickasaw Nation (Coney Island).

Las Vegas Sands and Wynn Resorts recently withdrew from the New York bid process.

In announcing its bid, Genting Malaysia said it could launch full gaming within six months of being granted a license, while more than half of the 4,000 new full-time jobs it says would be created could also start within the first six months of commercial casino operations

An expanded RWNYC would, the company explained in Monday’s filing, offer a 500,000-square-foot gaming floor with 6,000 slots and 800 table games, plus 2,000 hotel rooms, a 7,000-seat entertainment venue, more than 7,000 car spaces, over 30 food and beverage outlets, a large-scale meeting space, other resort amenities and more than 10 acres of community greenspace.

“Fifteen years ago, Resorts World made a promise to turn this site into an economic engine for Southeast Queens, New York City and New York State,” said Robert DeSalvio, President, Genting Americas East. “And we succeeded, now generating more casino revenues and taxes each year than any other commercial casino in the US. Today is a major milestone for us to propose the world-class Resorts World Integrated Resort and further commit to this partnership and provide new career opportunities and tax revenue almost immediately, as soon as July 2026.”

Genting Malaysia said an expanded footprint would deliver “one of the largest privately funded economic development projects in New York State history”, adding that it has already contributed more than US$4.5 billion to the public education system since opening its doors in 2011. The company expects to increase its workforce from 1,000 to 5,000 should it prove successful in its bid.

Genting Malaysia, which operates RWNYC via local subsidiary Genting New York LLC, also runs New York properties Resorts World Catskills and Resorts World Hudson Valley via its recently completed 100% ownership stake in Empire Resorts International.

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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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