Genting Malaysia's Empire Resorts to dispose of non-gaming assets in New York for RM2.2bil in lease deal


KUALA LUMPUR: Genting Malaysia Bhd has announced that its New York arm, Empire Resorts Inc, is proposing the US$525mil (RM2.2bil) sale of its non-gaming assets to Sullivan County in New York in a lease deal. 

The Malaysian conglomerate said the disposal will include the 332-room Resorts World Catskills (RWC) hotel, 99-room Alder Hotel, 18-hole Monster Golf Course, 2,500-seat RWV Epicenter, as well as as multiple restaurants to Sullivan County Resort Facilities Local Development Corporation (SCRFLDC).

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