{"id":14370,"date":"2025-11-04T08:30:00","date_gmt":"2025-11-04T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=america&#038;p=14370"},"modified":"2025-11-03T21:29:11","modified_gmt":"2025-11-04T02:29:11","slug":"gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid\/","title":{"rendered":"Genting\u2019s Resorts World New York City pledges US $2.5 billion to MTA under full casino license bid"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Genting\u2019s <strong>Resorts World New York City (RWNYC)<\/strong> has raised the stakes in the race for a full commercial casino license in downstate New York, pledging a massive <strong>US $2.5 billion contribution<\/strong> to the <strong>Metropolitan Transportation Authority (MTA)<\/strong> during its first four years of operation. The proposed figure would single-handedly exceed the <strong>US $1.8 billion<\/strong> the MTA had projected to collect from all three casino licenses combined.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a statement released on Friday, RWNYC detailed its revised financial forecast, which includes an <strong>upfront license fee of US $600 million<\/strong> and <strong>US $1.9 billion in tax payments<\/strong> to the MTA between 2026 and 2029. The company said the improved projection reflects both its operational readiness and the recent <strong>withdrawal of MGM Resorts<\/strong> from the licensing race, which could leave RWNYC as the <strong>only full commercial casino operating in downstate New York until at least 2030<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Parent company <strong>Genting Malaysia Berhad<\/strong> confirmed that it could open a permanent integrated resort featuring <strong>4,000 slot machines and 250 table games by June 2026<\/strong>, just six months after being awarded the license. A further <strong>150 tables<\/strong> are planned to be added by January 2027 within the same complex. Even in the best-case scenario, competing bids are unlikely to open before 2030.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"552\" height=\"366\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/11\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid2.jpg\" alt=\"\" class=\"wp-image-14372\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/11\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid2.jpg 552w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/11\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid2-300x199.jpg 300w\" sizes=\"auto, (max-width: 552px) 100vw, 552px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u201c<em>This is not just a casino expansion\u2014it\u2019s a transformative economic development project that will keep New York City moving in every way,\u201d<\/em> said <strong>Robert DeSalvio<\/strong>, President of <strong>Genting Americas East<\/strong>. \u201cResorts World New York City is the only bidder that can deliver a steady stream of new revenue for the MTA starting in 2026. This is our promise to New Yorkers who rely on public transportation every day.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"691\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/11\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid3.jpg\" alt=\"\" class=\"wp-image-14371\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/11\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid3.jpg 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/11\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid3-300x207.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/11\/gentings-resorts-world-new-york-city-pledges-us-2-5-billion-to-mta-under-full-casino-license-bid3-768x531.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond the MTA contribution, RWNYC\u2019s proposal includes <strong>US $2 billion for education<\/strong> and <strong>US $500 million to the New York Racing Association (NYRA)<\/strong> to support the state\u2019s equine and racing industries. Genting\u2019s broader plan envisions a <strong>US $7.5 billion integrated resort<\/strong> expansion with <strong>US $2 billion in community benefits<\/strong>, positioning RWNYC as one of the largest entertainment and hospitality projects in the United States.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts view the move as both strategic and symbolic\u2014an effort by Genting to demonstrate immediate fiscal value amid a politically sensitive licensing process. With the promise of thousands of jobs, billions in tax revenue, and rapid deployment, RWNYC\u2019s proposal could define New York\u2019s casino landscape for the next decade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The proposed figure would single-handedly exceed the US $1.8 billion the MTA had projected to collect from all three casino licenses combined<\/p>\n","protected":false},"author":1,"featured_media":14373,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[1458,2323,57,4896,1564],"class_list":["post-14370","america","type-america","status-publish","format-standard","has-post-thumbnail","category-sin-categoria","tag-america","tag-asia","tag-casinos","tag-genting-malaysia","tag-new-york","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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