A previously announced transaction that will involve Genting Malaysia selling off a raft of non-gaming assets associated with its Resorts World Catskills (RWC) integrated resort in New York state has been delayed for a second time to allow investors involved in the complex deal more time to align.
As previously reported by Inside Asian Gaming, the transaction will see Genting Malaysia subsidiary Empire Resorts sell the 332-room RWC hotel, 99-room Alder Hotel, 18-hole Monster Golf Course, 2,500-seat RWC Epicenter and multiple restaurants to Sullivan County Resort Facilities Local Development Corporation (SCRFLDC) for a cash consideration of US$525 million.
