RWNYC officially submits bid for New York casino licence
RWNYC, an indirect wholly-owned subsidiary of Genting Malaysia Bhd , said on Friday it had officially submitted its bid for a commercial casino licence to the New York State Gaming Commission.
The bid involves a US$5.5bil proposal for a 5.6 million sq ft development, which the RWNYC says "reimagines New York City's only casino as a vibrant, world-class integrated resort for entertainment, gaming, dining, recreation, and expansive public amenities".
'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."
According to RWNYC, it could launch table game and full-casino slot machine operations within six months of receiving the gaming facility licence. It added it has the only bid with the size and readiness to drive new incremental revenue almost immediately.
According to RWNYC, the integrated resort will feature a 500,000 sq ft gaming floor with 6,000 slots and 800 table games. It would have 2,000 hotel rooms, a 7,000-seat entertainment venue with over 7,000 parking bays.
Facilities will also include more than 30 food and beverage outlets, a large-scale meeting space and other resport amenities including more than 10 acres of community greenspace.
The gaming operator added that the project would see the employment of an estimated 5,000 union construction jobs.
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