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Tag Archives: Resorts World Catskills

US – Genting to invest a further $150m into Empire Resorts

Empire Resorts, the operator of New York’s Resorts World Catskills and Monticello Raceway, is to get another cash injection of $150m from its parent company Genting Malaysia to aid its long-term financing plan. Genting Malaysia has invested various amounts since August 2019, when it bought a 49 per cent interest in Empire with the total now…

US – Resorts World Catskills to open VLT hall in Orange County shopping mall

New York’s Resorts World Catskills, owned by Genting and Empire Resorts in Sullivan County, is looking to develop a new casino featuring Video Lottery Terminals in Newburgh Mall in Orange County. Permission has been granted for the operator to develop an Orange County extension of its Resorts World Catskills licence since 2019. The shopping mall…

US – Resorts World Catskills to launch IGT’s cashless solution

International Game Technology is launching its Resort Wallet cashless solution at the newly reopened Resorts World Catskills Casino and Resort in Monticello, New York, a subsidiary of the Genting Group. Resort Wallet gives Resorts World Catskills patrons the option of a contactless, safe, and effortless cashless gaming experience. Players can use their physical Resorts World…

US – Genting Malaysia to invest US$150m on getting Resorts World Catskills fully operational again

Genting Malaysia will inject US$150m into its recently bought North American operator Empire Resorts which will be used to help restart operations at Resorts World Catskills (RWC) in New York, and to fulfil short-term debt obligations. Genting Malaysia, who owns a 49 share in Empire, said: “The equity Injection will be funded through internally generated…

US – Resorts World Catskills set for September 9 reopening

Resorts World Catskills (RWC) will welcome back guests on Wednesday, September 9 at 10:00am, the company announced today. Resorts World Catskills will implement and execute their 21 Point Safety Plan and adhere to the State’s guidelines to ensure a safe reopening. “The Resorts World team has been anxiously awaiting the day when we can open…

US – Bob DeSalvio named President of Genting New York State

Genting has appointed Bob DeSalvio, a 40-year industry leader, as President of Genting New York State, where he will oversee all operations at Resorts World Catskills (RWC) & Resorts World Casino New York City (RWNY). RWC, an integrated casino resort destination, was acquired in November by Genting and Kien Huat, the family trust controlled by…

US – Genting to push through deal to takeover Empire Resorts

Empire Resorts has announced a definitive agreement under which affiliates of Kien Huat Realty III Limited and Genting Malaysia Berhad will acquire all of the outstanding equity of the company not currently owned by Kien Huat or its affiliates for $9.74 in cash per share of common stock. Empire owns and operates Resorts World Catskills…

US – Genting steps up interest in Empire resorts despite bankruptcy rumours

Genting Malaysia has said it hasn’t been put off from a potential takeover of Empire Resorts’ Resorts World Catskills, following reports it was on the brink of bankruptcy. News reports out of the States have suggested that Empire will file for bankruptcy if it can’t restructure lending agreements on over US$400m in debt. Genting Malaysia…

US – Resorts World Catskills opens new poker room

Resorts World Catskills Casino Resort, New York’s newest and closest integrated casino resort to Manhattan, has unveiled its new 7,000-square-foot poker room. The new room, which is conveniently located on the main casino floor, across from Good Friends Market, is now open. The poker room at Resorts World Catskills is the largest among the commercial…