Genting Gambles in Florida with Uncertain Outcomes



A rendering of just one portion of the proposed Resorts World Miami Genting casino resort project; the $3 billion project still has not received a high sign from Florida lawmakers.

They say money talks, but in Genting Resorts World’s case, it’s not been speaking as loudly as the company might like.

Despite pouring $236 million in to a 14-acre waterfront Miami spread back last year and then sprinkling millions more into pressuring state politicians to ‘adapt’ a construction legislation to accommodate a brand new $3 billion Resorts World Miami casino task, the Asian gambling conglomerate has largely met with nothing but resistance. So they’ve now determined for a new, less cumbersome direction for the Sunshine State: a slots-only project that would set them up with Gulfstream Park racetrack in Miami’s Key Biscayne area.

Antagonists Await

Of course, anytime a potential casino that is new appears in a state, the first thing that happens is some type of anti-gaming coalition forms; and Florida has been no exclusion to that particular rule. Anti-casino group NoCasino.org is also releasing a movie mid-January called Pushing Luck that claims to show a ‘sobering glimpse’ of ‘broken claims’ from casino operators.
According to Genting’s new partner Gulfstream, the racetrack holds an as-yet-unused gaming license that gets the possibility of use in either Miami-Dade or Broward counties, as the track rests simply between the 2 areas. Continue reading Genting Gambles in Florida with Uncertain Outcomes