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New York casinos face strict reopening criteria

Casinos in New York State, including Genting Group’s Resorts World Catskills, will be permitted to open from next Wednesday, though will face strict reopening restrictions.

New York Governor Andrew Cuomo made the announcement on Thursday after the properties were shut down on March 16.

Casinos will only be able to open at 25 percent of their maximum capacity, while customers will be required to wear masks. Some machines will be turned off to ensure social distancing requirements.

The casinos will not be allowed to operate table games. They will need to seek separate approval once they have installed physical barriers between guests. 

Meanwhile, MayBank Associate Research Director Samuel Yin Shao Yang has expressed a note of caution about Genting’s Resorts World Las Vegas property that was scheduled to debut next year.

“The United States is now the country worst hit by the COVID-19 pandemic,” he said. “If the COVID-19 pandemic in the United States does not stabilize by the time RWLV opens in the summer of 2021, we fear that it will generate losses.”

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