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US – Genting tempts Orange County with Resorts World Hudson Valley projections

By - 23 February 2021

Genting Americas has shone more light on its Resorts World Hudson Valley concept with an official presentation to the Newburgh Town Board of what its Video Gaming Terminal facility at the Newburgh Mall in Orange County, New York, would be capable of delivering.

The $32m, 90,000-square-foot property would feature approximately 1,300 VGMs and would contribute $3m a year through a Host Community Benefit Agreement to the Town of Newburgh and an estimated $65m each year to support public schools through statutory payments to the New York Lottery Education Fund.

Other economic pluses include 215 new full-time jobs and an additional 200 construction jobs.

Senator James Skoufis (D-39th Distirct) said: “When Resorts World first approached me nearly two years ago seeking support for a proposal to bring a gaming center to Orange County, I made my priorities clear to them: jobs, revitalizing a blight, and local community benefits. This project does all three.”

“We are elated at the opportunity to help revitalize the Newburgh Mall, create good-paying union jobs for local residents, and generate significant revenue for New York State’s public schools,” said Bob DeSalvio, President of Genting Americas East. “This potential investment and our vision for what we seek to develop and build with Resorts World Hudson Valley underscores our unwavering commitment to the communities in this region and our strong belief that the best days are ahead of us.”

The company’s Resorts World New York City (RWNY) has generated more than $3bn for New York’s public schools through the Lottery’s education fund. It brought together a host of local politicians and businesses official to help its push to the Newburgh Town Board.

Orange County Executive Steve Neuhaus, said: “The proposed plans for Resorts World Hudson Valley delivers on the commitment Genting made to Orange County. It is an investment in jobs, in growth and in the future of Orange County, and it will have an immediate—and positive—impact at a time when we need it the most.”

Town of Newburgh Supervisor Gil Piaquadio added: “We look forward to working with Resorts World through the process to create a new destination in Newburgh that benefits residents and small businesses alike.”

The Orange County Partnership’s Maureen Halahan, added: “Resorts World is making a monumental investment in Orange County, in the Town of Newburgh. Not only will they be hiring local labor, paying hundreds of thousands of dollars in taxes and creating good jobs, their presence will breathe new life into the Newburgh Mall, reviving the corridor which will result in new opportunity. This is a win-win for all during uncertain economic times.”

Todd Diorio, President of the Hudson Valley Building & Construction Trades Council, said: “We are focused on getting our members back to work after our economy was crippled by the pandemic and this project accomplishes exactly that. Genting has always been a great partner for the union trades and we look forward to continuing to build upon that relationship with the construction of Resorts World Hudson Valley.”

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