Genting is pledging to continue paying the state about 67% of its slot machine revenue in taxes, an amount that includes administrative fees and other expenses. The share paid for table games like blackjack would be lower, but enough to get the overall annual tax contributions over the US$1 billion mark.
The owner of the Resorts World casino in New York City said an expansion of its gambling offering there would lift its tax payments to the state to more than US$1 billion ($1.35 billion) annually.
Genting Malaysia Bhd, which operates the resort in Queens, is seeking one of the three new casino licenses officials are considering for the New York City area. The property paid more than US$600 million in taxes last year, according to a spokesman for the casino giant.
