Despite its failure to obtain consideration, the casino giant “Genting Malyasia Bhd” remains optimistic about the future of its casino projects in New York City, USA. As a reminder, the casino operator proposed two different casino projects in the city, but the state’s Gaming Facility Location Board rejected them. The company’s chief executive Lim Kok Thay announced that Genting Malaysia will revisit its plans. Meanwhile, they will focus on the development of their existing Resorts World Casino New York City. Since its very opening in May 2011, the abovementioned casino has only been offering slot machines and electronic table games without live dealers.
Mr Lim also mentioned that the company plans to invest a significant capital in its nearly-completed Resorts World Birmingham. The resort is actually expected to open before the end of this year. This Genting Casino UK will feature 30 gaming tables and 150 slot machines. Interestingly, services available will include sports betting and bingo. Most notable is Genting Malaysia’s $ 472 million project, a gigantic investment value which will be used to develop its Malaysia-based Resorts World Genting. Speaking of the company’s year-on-year revenue report, Genting Malaysia Bhd’s net profit was down 25% in 2014. And that might be part of the reasons why it came up with those new investment plans.