Genting, a Malaysian company with a history in Indian Country, is seeking to build a mega-casino in Florida.
Genting plans to spend $3.8 billion on a resort with six towers, 50 restaurants and a shopping mall on the Miami waterfront. The company already spent $450 million to buy land and spent $430,000 on lobbying in the past quarter alone.
"We think everything is lined up, and this is going to go forward," Christian Goode, the company's chief financial officer in the U.S., told The Wall Street Journal. "We want to be a player."
Genting just opened a slot machine facility at the Aqueduct Racetrack in New York City. The company is also looking at Massachusetts, where it has a partnership with the Mashpee Wampanoag Tribe.
Previously, Genting loaned money to help the Mashantucket Pequot Tribal Nation of Connecticut and the Seneca Nation of New York build casinos.
Get the Story:
Dreaming of a New Vegas in Miami
(The Wall Street Journal 11/29)
Funds flow for casino law
(The News Service of Florida 11/27)
Related Stories:
Opinion: Supporters of expanded gaming
trying to play Florida (11/28)
Editorial: Expansion
of non-Indian gaming won't help Florida (11/21)
Bill extends
exclusivity for Seminole Tribe's gaming operation (11/16)
Editorial: Reject expansion of non-Indian
gaming in Florida (11/14)
Seminole chairman slams comments about
gaming compact (11/11)
Business Deals | Legislation
Malaysian company with ties to tribes eyes a casino in Florida
Tuesday, November 29, 2011
Stay Connected
Contact Us
indianz@indianz.com202 630 8439 (THEZ)
Search
Top Indian Gaming Stories
Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
More Stories
• Michigan's newest tribal casinos share nearly $32M with state• Editorial: Debate consequences of Eastern Cherokee compact
Indian Gaming Archive