After trying for many years to establish a gaming venue in Miami, Florida, Genting Malaysia Berhad will finally get their chance, just not where they expected. In 2011, Genting purchased the Miami Herald building with the intention of using the facility to create a waterfront resort hotel with casino gaming. This never came to pass but the company has now signed a consulting agreement to operate a casino portion within Gulfstream Park. Executives have already begun work on the property and are overseeing the casino operations including financial reporting, player hosting, slot promotions and more. Executives of both Genting and Gulfstream have confirmed the news, according to a report in the Miami Herald.
The Gulfstream Park property is located on Hallandale Beach and provides horse track racing, casino gaming, shopping, and dining. Genting?operates ten casinos within the Resorts World brand.
Genting’s Senior Vice President of Public Affairs, Michael Levoff, commented on the new agreement by stating that Gulfstream Park is a storied facility that has long been considered a leader in thoroughbred horse racing. With Genting taking over the management of the casino, the current game offerings will be modernized. Genting looks at the location as a great way to expand their offerings in the region and provide a top casino destination for South Florida.
The financial terms of the deal have not been disclosed and according to Levoff, the Gulfstream Park venue will not be added to the Resorts World brand.