Genting seen as a shoe-in for NY casino license
Summary
Genting is widely regarded as virtually guaranteed to secure a New York City gaming licence, joining Hard Rock and Bally’s as frontrunners. The plan ties its Resorts World Casino New York City to the Aqueduct racetrack in Jamaica, Queens, with a proposal to build a $5.6 billion integrated resort featuring a 500,000 sq ft casino, roughly 6,000 slot machines and 800 table games, plus major entertainment, MICE and F&B facilities. Projections indicate gaming tax revenue could reach as much as $7 billion between 2027 and 2036, and the resort itself might generate up to $2.2 billion in annual revenue. The project also has celebrity backing from hip hop artist Nas. Final licensing decisions are expected by the end of the month.
Key Points
- Genting is among three operators — alongside Hard Rock and Bally’s — strongly favoured for New York City licences.
- Forecasts put total gaming tax revenue from the projects at up to $7 billion for 2027–2036.
- The Resorts World/Aqueduct proposal is a $5.6 billion integrated resort with a 500,000 sq ft casino footprint.
- Planned capacity includes around 6,000 slots and 800 table games, plus large entertainment and MICE offerings.
- Projected up to $2.2 billion in annual revenue; celebrity involvement from Nas raises the profile.
- The final licensing stage is scheduled for completion at the end of this month.
Author style
Punchy: This isn’t ordinary industry news — if Genting secures the licence it rewrites the competitive map in NYC and boosts its US growth story. Read the detail if you follow licensing outcomes, operator strategy or investment flows.
Why should I read this
Short and frank: if you care about the gaming industry, investment trends or who dominates the US market, this matters. Genting landing a New York licence would be huge for revenue, jobs and competition — and it signals how global operators are moving into the US. We’ve cut the fluff so you get the essentials fast.
Source
Source: https://agbrief.com/news/usa/02/12/2025/genting-seen-as-a-shoe-in-for-ny-casino-license/