{"id":777036127,"date":"2025-12-16T09:23:44","date_gmt":"2025-12-16T12:23:44","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777036127"},"modified":"2026-04-21T15:55:37","modified_gmt":"2026-04-21T18:55:37","slug":"genting-malaysia-granted-full-new-york-casino-licence","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-malaysia-granted-full-new-york-casino-licence","title":{"rendered":"Genting Malaysia wins full New York Casino licence"},"content":{"rendered":"\n

The operator intends to launch live table games at Resorts World New York City in 2026.<\/p>\n\n\n\n\n\n\n\n

Malaysia.- The New York State Gaming Commission has unanimously approved a full casino licence for Genting Malaysia’s Resorts World New York City property in Queens. Through its US unit, Genting New York LLC, the Malaysian gaming group secured one of three downstate New York licences<\/a>, alongside projects led by Hard Rock International and Bally\u2019s Corp. <\/p>\n\n\n\n

Since those projects require entirely new construction, Resorts World New York City will be the only fully functioning casino in New York for several years. The venue opened in 2011 as a racino. Until now, it has offered electronic gaming only. The new licence will allow it to add live table games. <\/p>\n\n\n\n

The company has told regulators that table-game operations could begin within six months of receiving final approval, potentially allowing Genting to start full casino operations by Juney 2026.<\/p>\n\n\n\n

Genting proposes a US$5.5bn expansion plan extending to 2030 to transform Resorts World New York City into a large integrated resort with a 500,000-square-foot gaming floor, up to 6,000 slot machines and 800 table games, 2,000 hotel rooms, a 7,000-seat entertainment venue, meeting and convention space, and more than 30 food and beverage outlets alongside public green space.<\/p>\n\n\n\n

Genting committed to a US$600m upfront licence fee in exchange for the 30-year operating licence. <\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Genting Berhad announces new notes programme<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

The operator intends to launch live table games at Resorts World New York City in 2026.<\/p>\n","protected":false},"author":680,"featured_media":18062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Genting Malaysia's Resorts World New York City has secured a full casino license from the New York State Gaming Commission, enabling the introduction of live table games by June 2026. This approval, one of three downstate New York licenses, positions Resorts World as the sole fully operational casino in the region for several years, supported by a US$5.5bn expansion plan and a US$600m upfront license fee for a 30-year term.","focusai_entities":"Genting Malaysia, Resorts World New York City, Genting New York LLC, New York State Gaming Commission, Hard Rock International, Bally's Corp","focusai_location":"New York City, New York, Malaysia","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.95), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.7), marketing_crm (0.8), payments_fraud_aml (0.85), investor_analyst (0.98), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"NY Market Impact?","query":"What specific competitive advantages does Resorts World New York City's initial sole full casino status confer, and how might this influence market share acquisition against future entrants like Hard Rock and Bally's?"},{"label":"Expansion ROI Analysis?","query":"Given the US$5.5bn expansion plan and US$600m license fee, what are the projected GGR and NGR contributions from the new gaming verticals and integrated resort amenities, and what is the anticipated ROI timeline for Genting Malaysia?"}],"footnotes":""},"categories":[157,16333],"tags":[24657,19394,23703,24812],"class_list":["post-777036127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-genting-berhad","tag-genting-malaysia","tag-licence","tag-new-york"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777036127"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036127\/revisions"}],"predecessor-version":[{"id":777036158,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036127\/revisions\/777036158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18062"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777036127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777036127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777036127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}