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


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.

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