• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 22 July 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

Ben Blaschke by Ben Blaschke
Tue 22 Jul 2025 at 05:21
Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

A rendering of the expanded Resorts World New York City

10
SHARES
260
VIEWS
Print Friendly, PDF & Email

Genting Malaysia’s US subsidiary, Genting New York LLC, said Monday it had completed a key step in its pursuit of a full New York casino license after presenting its expansion plan for Resorts World New York City (RWNYC) to the Community Advisory Committee (CAC).

RWNYC will, if granted a full license, become New York State’s largest fully integrated casino resort and represents the largest bid of all proposals in New York City’s ongoing casino licensing process in terms of site size, build-area and casino-floor area, the company said.

It added that it could open the expanded IR as early as July 2026 given that it has been granted all land-use approvals and is ready to start construction the day it receives a license.

Genting is one of eight companies in the running for one of three full casino licenses on offer, and one of two alongside MGM Resorts and its MGM Empire City whose proposal is an expansion of their existing property.

Under Genting’s US$5.5 billion proposal, RWNYC – which is currently permitted to operate electronic gaming machines only – would become a 5.6 million-square-foot integrated resort with up to 6,000 slot machines, 800 gaming tables, 2,000 hotel rooms, a 7,000-seat arena, more than 7,000 parking spaces, more than 30 food and beverage outlets, a spa and more than a dozen acres of community greenspace.

“We’re proud to have grown with the Queens community for nearly 15 years. What the Community Advisory Committee heard today was a vision for a transformative project that will be a game-changer for this borough, the city and the state,” said Robert DeSalvio, President of Genting Americas East.

“Since Resorts World was granted operations of the Aqueduct site in 2010, we have sought to be a neighbor that Queens deserves, providing 1,000 good union jobs, invested millions of dollars into our neighbors and built everlasting bonds with the community. But we also made them a promise to do more in every sense of the term and today’s proposal lays out just how we will.”

Genting added that RWNYC had recently formed a joint venture with Cirrus Workforce Housing to help fund the construction of up to 50,000 units of workforce housing throughout the city. It has also pledged US$50 million in start-up funding for the new Resorts World Innovation Campus, which will include state-of-the-art The Jet Center led by the two-time NBA Champion Kenny “The Jet” Smith, a Community Health and Wellness Center, and a Queens STEAM Institute.

The full proposal can be viewed here.

RelatedPosts

Ainsworth shareholder Kjerulf Ainsworth questions valuation of company property under Novomatic takeover deal

Ainsworth shareholder Kjerulf Ainsworth questions valuation of company property under Novomatic takeover deal

Mon 21 Jul 2025 at 05:41
American poker pro Michael Mizrachi just completed the greatest feat in poker history

American poker pro Michael Mizrachi just completed the greatest feat in poker history

Thu 17 Jul 2025 at 11:38
Third time lucky? PH Resorts Group inks MOU with Philippine construction firm to finance, develop stalled Cebu resort

Emerald Bay developer PH Resorts Group looking to solve negative equity issue by increasing common stock, issuing to parent

Mon 14 Jul 2025 at 13:50
Nevada’s 440 casinos closed as Governor issues unprecedented shut down of all non-essential businesses

IAG’s sister company CDC Gaming launches 4th annual “10 Women Rising in Gaming” alongside Global Gaming Women

Wed 9 Jul 2025 at 06:15
Load More
Tags: casino licenseGenting AmericasGenting MalaysiaGenting New York LLCintegrated resortNorth AmericaResorts World New York City
Share4Share1
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.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Morgan Stanley: Macau’s peninsula IRs could claim some GGR share from closure of SJM’s satellites

Seaport raises Macau GGR forecast for second half of 2025, increases target price for almost all Macau-linked stocks

by Ben Blaschke
Tue 22 Jul 2025 at 06:49

Investment research firm Seaport Research Partners has upped its 2025 Macau GGR forecast and increased its price targets for almost all stocks on improved sentiment following a recent surge in gaming revenues in the world’s largest casino hub. In a...

PAGCOR’s Alejandro Tengco

Inside Asian Gaming launches new dedicated website for IAG EXPO at iagexpo.com

by Newsdesk
Mon 21 Jul 2025 at 16:11

Inside Asian Gaming, Asia’s premier B2B gaming industry media and events company, is pleased to announce the launch of brand-new dedicated website for the upcoming IAG EXPO, to be found at iagexpo.com. The IAG EXPO will take place at Manila’s Newport...

Victoria to launch trial of mandatory carded play across 43 gaming venues in September

Victoria to launch trial of mandatory carded play across 43 gaming venues in September

by Ben Blaschke
Mon 21 Jul 2025 at 13:05

A trial of mandatory carded play across 43 venues with gaming machines will launch in Victoria next month, the state’s government has revealed. The trial – which will require patrons to use a “YourPlay” card and set loss limits in...

Galaxy unveils Capella at Galaxy Macau as newest hotel brand, to open mid-2025

Citi: Galaxy now Macau’s premium mass leader, Sands China close behind on new baccarat progressive jackpot

by Ben Blaschke
Mon 21 Jul 2025 at 09:39

Galaxy Entertainment Group has emerged from the pack as Macau’s new leader in premium mass, aided by the recent opening of the uber-luxury Capella at Galaxy Macau, according to Citigroup. In a note issued Monday following their latest monthly Macau...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English