Genting Malaysia subsidiary Genting New York LLC has been named as one of the top 10 highest-spending lobbying entities in the state of New York in 2020, part of a renewed push to see casino gaming expanded downstate.
According to information in the New York State Joint Commission on Public Ethics 2020 Annual Report, published last Thursday 8 July, Genting New York LLC ranked sixth for highest-spending lobbying entities with US$1,221,000 spent on lobbyists.
Its the first time since 2013, the same year voters approved changes to the constitution allowing up to seven non-Indian casinos state-wide, that Genting has featured in the New Yorks top 10. Under those revised laws, an initial four casino licenses were issued for upstate New York locations in 2016 along with a seven-year exclusivity clause preventing the addition of up to three more licenses in the New York City area before 2023. Genting, which ultimately won a license for the Catskills region around two hours north of New York City opened Resorts World Catskills in 2018.
Although the Commissions public ethics report does not outline details of lobbying campaigns, Genting New Yorks 2020 investment coincided with a push by Governor Andrew Cuomo to fast-track a public tender for NYC casino licenses to 2021 due to the economic impacts of COVID-19. Those efforts, which would certainly have seen Genting New York push for full casino gaming at the EGM-only Resorts World New York City, were quashed earlier this year.
News of the companys lobbying comes just weeks after group parent firm Genting Berhad launched the US$4.3 million Resorts World Las Vegas. Chairman and CEO has since outlined plans to bring all of Gentings American assets together under one umbrella via a US listing.
Lobbying remains an important tool in the United States for special interest groups to push for reform. The US$268.1 million spent on lobbying in New York in 2020 represented the states second highest total of all time behind only the US$298.1 million spent in 2019.
The list of companies to have used lobbyists in New York last year also included Las Vegas Sands Corp.