GENTING AMERICAS PRESENTS PLANS FOR RESORTS WORLD HUDSON VALLEY IN ORANGE COUNTY

Casino Located at Newburgh Mall Expected to Create More than 200 Full-Time Jobs and 200 Construction Jobs

Newburgh, NY—Genting Americas announced a proposal today to develop and operate Resorts World Hudson Valley (RWHV), a video gaming machine (VGM) facility, at the Newburgh Mall in Orange County, New York. The $32 million project would turn the 90,000-sf space into a gaming and entertainment destination with approximately 1,300 VGMs and Resorts World’s signature lounge, Bar 360.

RWHV hopes to create approximately 215 new full-time jobs, the large majority of which would be union employees, and an additional 200 construction jobs. The average annual wage for full time employees would be $72,000/year (including salary and benefits). The proposed facility would be leased from the mall property owner and RWHV would contribute $3 million annually through a Host Community Benefit Agreement and an estimated $65 million annually to support public schools through statutory payments to the New York Lottery Education Fund.

“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.”

RWHV is seeking to renovate the former Bon Ton department store at the Newburgh Mall, a 388,000 square foot regional shopping center that sits at the crossroads of Interstates 84 and 87 at the intersection of Route 300.

Senator James Skoufis (D-Hudson Valley) 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. Hundreds of good-paying union jobs will be created, the Newburgh mall will be brought back to life with a $32 million renovation, and over $3 million in benefits will flow to the local community each and every year – on top of increased property tax payments from the mall. Coming out of this pandemic, I’m committed as ever to rebuilding our economy, putting people back to work, and supporting smart economic development like this project.”

Orange County Executive Steven 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.”

“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,” said Town of Newburgh Supervisor Gil Piaquadio.

Todd Diorio, president of the Hudson Valley Building & Construction Trades Council, added “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.”Meghan Taylor, Vice President of Government Affairs and Public Relations at Genting Americas added, “Operating Resorts World Hudson Valley at the Newburgh Mall presents a number of unique opportunities to develop partnerships and collaborate with neighboring tenants and local businesses.
Our Resorts World Community Partners Program is designed to support retailers, entrepreneurs, small businesses, and restaurants and connect them with our valued guests. Our goal is to help transform Newburgh Mall into the ultimate shop, dine, and play destination in Hudson Valley, and we look forward to working with all of our partners to turn that vision into a reality.”

Genting Americas currently operates Resorts World New York City (RWNY) and Resorts World Catskills (RWC), employing over 2,000 union members between the two properties. Since opening in 2011, RWNY has generated more than $3 billion for New York’s public schools through the Lottery’s education fund.

 

About Resorts World Casino New York City
Resorts World New York City is the only casino in New York City, offering over 10 million guests annually an unparalleled gaming and entertainment experience while generating over $3 billion for the State’s education system since opening in 2011. RWNY is operated by the Genting Group, a global company founded in 1965, operating destination resorts in Malaysia, Singapore, the Philippines, the United Kingdom, the Bahamas, the United States and all four oceans through its Star Cruises, Dream Cruises and Crystal Cruises brands. Genting has more than 50 years of experience in the travel and leisure industry and collectively employs approximately 60,000 people while offering an unparalleled resort experience to over 50 million visitors a year worldwide.

About Resorts World Catskills
Located in the heart of New York’s Catskill region, Resorts World Catskills offers guests unmatched experiences in excitement, entertainment, and luxury. The integrated casino resort includes an 18-story all-suite hotel, and a casino featuring 100,000 square feet of gaming action including 150 live Las-Vegas style table games, 1,600 state-of-the art slot machines, a poker room, private gaming salons and a 100-seat sportsbook lounge. The casino resort also offers 10 varied bar and restaurant experiences, which includes an Italian steakhouse created by celebrity chef Scott Conant, and year-round live entertainment at the 2,500-seat RW Epicenter, casino bars and lounges. The luxurious hotel located within Resorts World Catskills is comprised of 332 suites, the Crystal Life Spa, two indoor pools, and two fitness centers. The integrated casino resort also includes additional stay and play destinations on its campus, including The Alder, an adjacent 101-room lifestyle hotel featuring the first Topgolf Swing Suites in New York State, and Dos Gatos, a cantina-style Mexican eatery and the recently opened Kartrite Resort and Indoor Waterpark, and will be expanded to include a Rees Jones redesigned golf course.