NEW YORK: The New York state plans to award its first full-scale casino licenses this week as Genting Bhd
and Caesars Entertainment Corp vie to build a gambling palace within an hour’s drive of the Big Apple’s 8.4 million residents, Bloomberg reported.
Bloomberg said four other publicly traded companies -- Empire Resorts Inc, Penn National Gaming Inc, Churchill Downs Inc and Full House Resorts Inc -- are among 16 bids for as many as four licenses.
Winners are scheduled to be selected by the Gaming Facility Location Board on Dec 17, it said.
Genting, the largest casino operator in Malaysia, said it would tap a database of Asian customers for both of the resorts it has proposed in Orange County.
It would also build off clients who already go to Resorts World Casino at the Aqueduct Racetrack in New York City’s Queens borough, the report said.
“Genting is focused on delivering the greatest economic benefit for the state of New York by recapturing gaming dollars currently spent out of state,” said Michael Levoff, a spokesman for Genting in New York.
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