News about Genting

This article appeared in the April 9, 2026 issue of the monthly print edition.

KUALA LUMPUR (March 3): Genting Malaysia Bhd said its long-time president Datuk Seri Lee Choong Yan has been redesignated as a senior adviser, and is slated to step down from the new role in May.

PETALING JAYA (Feb 6): Tropicana Corporation Bhd has launched its Chinese New Year (CNY) campaign alongside a brand film, and new show units at its flagship property gallery, featuring developments in Johor, Genting Highlands, and Langkawi.

The buyout comes at a time when Genting Malaysia is bidding for a casino licence in New York as part of a US$5.

Genting Malaysia said the deal will see Empire Resorts sell key non-casino properties—including the 332-room Resorts World Catskills (RWC) and the 99-room Alder Hotel, a 18-hole Monster golf course, the 2,500-seat RWC Epicenter, and restaurants—to a local development body, Sullivan County Resort Facilities Local Development Corporation (SCRFLDC), which will run them as public assets.

The court agreed with Genting Malaysia’s position that the complaint in its initial form was “merely a shareholders’ dispute” in a decision on July 1, and that RAV Bahamas' current allegations are “baseless and without merit”, according to Genting Malaysia in an exchange filing on Monday.

The bid was submitted on June 27 in response to the New York State Gaming Commission’s request for applications for up to three commercial casinos in downstate New York, where its Resorts World New York City (RWNYC) is located, Genting Malaysia said in an exchange filing.

The acquisition will turn Empire Resorts, the operator of Resorts World Catskills, Resorts World Hudson Valley, and Resorts World Bet in New York, from being GENM's 49%-owned associate to a fully-owned subsidiary.

The transaction, announced by Genting Malaysia on Friday via a bourse filing, will result in Empire Resorts becoming an indirect wholly owned subsidiary of Genting Malaysia, via Genting ER Ltd.