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Gaming hotels coming to New York City
Kuala Lumpur-based Genting Malaysia Bhd is planning to invest $1.3 billion on a gaming facility at New York City's Aqueduct racetrack, located in Queens. According to Hotels Magazine, the proposed facility, called Resorts World New York, will house three proposed hotels.
Genting currently operates and has ownership stakes in more than 10,000 hotel rooms around the world, including the world's second-largest hotel in Malaysia. According to the story, the video lottery license granted to Genting is the only one within the New York City limits and Genting will pay a licensing fee of $380 million to the state of New York.
The gaming facility will also contain several restaurants, a shopping center, a spa, a recreational area and an outdoor terrace able to accommodate up to 10,000 people.
We want to know: What do you think about the new gaming facility?