Genting pledges US$1bil in taxes to win US licence

TheStar Tue, Apr 09, 2024 12:00am - 3 weeks View Original


KUALA LUMPUR: Genting Malaysia Bhd – which owns the Resorts World casino in New York City – says an expansion of its gambling offering there would lift its tax payments to the state to more than US$1bil annually.

The operator of the resort in Queens is seeking one of the three new casino licences officials are considering for the New York City area.

The property paid more than US$600mil in taxes last year, according to a spokesman for the casino giant.

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