Resorts World Casino: Resorts World is a well-known name in the global casino and integrated resort industry. It’s more than just a single casino—it’s a brand that spans multiple continents, with properties in the United States, Malaysia, Singapore, the Philippines, and the United Kingdom. At the core of this empire is Genting Group, a Malaysian multinational conglomerate known for its vast hospitality and leisure portfolio.
1. Resorts World Casino: Parent Company: The Genting Group
Resorts World Casino: The Genting Group, founded in 1965 by the late Tan Sri Lim Goh Tong, is the parent company that owns and operates the Resorts World brand. It is a diversified company involved in leisure and hospitality, gaming, plantations, biotechnology, and energy. Its headquarters is in Kuala Lumpur, Malaysia.
Key Details of Genting Group:
| Attribute | Details |
|---|---|
| Founded | 1965 |
| Founder | Tan Sri Lim Goh Tong |
| Current Chairman | Lim Kok Thay (son of the founder) |
| Headquarters | Kuala Lumpur, Malaysia |
| Key Industries | Hospitality, Gaming, Energy, Plantations |
| Listed Entity | Genting Berhad (KLSE: GENTING) |
2. Resorts World Brand: Global Footprint
Resorts World Casino: The “Resorts World” brand is owned and operated by subsidiaries of Genting Group. These subsidiaries operate independently in different regions but share brand standards, gaming systems, and strategic oversight from Genting’s corporate leadership.
Major Resorts World Properties Worldwide:
| Resorts World Location | Country | Operating Subsidiary | Opened |
|---|---|---|---|
| Resorts World Genting | Malaysia | Genting Malaysia Berhad | 1971 |
| Resorts World Sentosa | Singapore | Genting Singapore Limited | 2010 |
| Resorts World Manila | Philippines | Travellers International | 2009 |
| Resorts World New York City | United States | Genting New York LLC | 2011 |
| Resorts World Las Vegas | United States | Genting Americas Inc. | 2021 |
| Resorts World Birmingham | United Kingdom | Genting Casinos UK Limited | 2015 |
3. Resorts World Casino New York City
Resorts World Casino: Focusing on Resorts World Casino New York City, it’s the only casino in New York City proper, located in Queens, adjacent to the Aqueduct Racetrack. It opened in 2011 and is operated by Genting New York LLC, which is a subsidiary of Genting Americas Inc., itself under Genting Malaysia Berhad.
Ownership Breakdown:
| Entity | Ownership Role | Headquarters |
|---|---|---|
| Genting Group | Ultimate Parent Company | Kuala Lumpur, Malaysia |
| Genting Berhad | Holding Company (Publicly Listed) | Malaysia |
| Genting Malaysia Berhad | Direct Parent of Resorts World NYC | Malaysia |
| Genting Americas Inc. | Regional Operator (USA) | New York, USA |
| Genting New York LLC | Property Operator of Resorts World NYC | New York, USA |
Resorts World Casino: Resorts World Casino NYC primarily offers video lottery terminals (VLTs), electronic table games, restaurants, bars, and live entertainment, but not traditional Las Vegas-style table games, due to state gaming regulations. However, there are ongoing efforts to obtain a full-scale casino license, especially with the expansion project involving the Hyatt Regency Hotel and new gaming areas.
4. Corporate Structure of Genting for U.S. Operations
Resorts World Casino: Here’s a simplified view of how Resorts World operations are structured for U.S. markets:
plaintextCopyEditGenting Berhad (Malaysia)
└── Genting Malaysia Berhad (Publicly Listed Subsidiary)
└── Genting Americas Inc. (U.S. Regional Operations)
└── Genting New York LLC (Operator of Resorts World NYC)
5. Financial and Strategic Importance
Genting’s U.S. properties, especially in New York and Las Vegas, are seen as strategic investments to diversify revenue outside Asia and into the highly lucrative North American gaming market. Resorts World NYC is one of the most profitable VLT-based casinos in the United States, generating hundreds of millions in annual gaming revenue and contributing significantly to state education funds through taxes.
Conclusion
While Resorts World Casino New York City might appear to be a standalone gaming venue in Queens, its roots run deep into Southeast Asia. It is owned and operated by Genting Group, one of the world’s largest and most successful integrated resort operators. Through a well-structured network of subsidiaries, Genting has positioned itself as a global leader in leisure and entertainment, with Resorts World serving as the flagship brand across continents.
Whether you’re visiting the iconic Resorts World Las Vegas or the bustling NYC venue in Queens, you’re stepping into a property backed by decades of international experience and financial strength.
