The Genting Group’s investment holding and management company, Genting Malaysia Berhad, has acquired full equity interest in Big Apple Regional Center LLC from YMCMHB LLC, a foreign limited liability company, for US$150,000.

The 100 percent stake in the currently dormant company, formed in Delaware in 2013, “is intended to assist with potential financing for possible future development projects in the Northeastern region of the United States,” according to Genting’s press release (pdf) on Monday. While the filing failed to give specifics for which the Big Apple acquisition might be used, it coincidently follows Empire Resort Inc. being granted a full gaming license on December 21, 2015 for the $1.3 billion Montreign Resort Casino in upstate New York. Empire Resorts Inc.’s controlling shareholder is Lim Kok Thay’s investment company, Kien Huat Realty of Malaysia, one of Malaysia’s most prominent casino developers and part of the Malaysian conglomerate, Genting Group.

Proposals for two new casino projects by another unit of Genting Malaysia, RW Orange County LLC in upstate New York, were turned down by the New York State Gaming Facility Location Board in December 2014.

Genting Malaysia develops, operates and manages casinos and integrated resorts all over the world, including the United States, Australia, Malaysia, the Philippines, Singapore and United Kingdom. It operates Resorts World Casino New York City, Resorts World Bimini in the Bahamas, Resorts World Casino Las Vegas, and Malaysia’s only casino resort, Resorts World Genting. Genting Malaysia also runs Resorts World Birmingham in the U.K., which officially opened on October 21, among others.

The conglomerate is also tied to investments in the U.S. through the Kien Huat Realty for the Foxwoods Resort Casino in Connecticut, Seneca Niagara Casino & Hotel in Niagara Falls and the Monticello Raceway. Genting also funded casino development and lobbying expenses for Massachusetts Region C’s Mashpee Wampanoag’s Project First Light, according to Wikipedia.

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