Malaysia-listed conglomerate Genting BHD has given the US market a vote of confidence as it starts its expansion plans in New York.
Genting has broken the ground on the $400 million expansion of Resorts World Casinos in New York (RWNY), six years after the casino operator opened its integrated resort in the Big Apple.
Scott Molina, the president of RWNY, said the expansion will bring out the potential of its gaming facility, especially since the property does not currently offer hotel accomodation. The company targets to complete the expansion plan in mid-2019.
The expansion project, according to Molina, includes the construction of a new 400-room four-star hotel with five-star suites that will rival Manhattan’s finest accommodations; a 2,000-sq.ft. spa and resort; another 140,000 sq.ft. of convention and meeting space; plus additional room for retail, food, and casino expansion.