1. 1
Best-in-Class Destination Resort
$1 Billion Investment
$120 Million License Fee
Over 3,000 Permanent Jobs
Earning a Living Wage
$227 Million Annual Gaming Taxes
2. 2
Presentation Outline
1 Economic Activity and Business Development
● Introduce Team – All with Extensive New York Experience
● Town of Montgomery – Orange County
● Genting New York Track Record
● Master Plan and Architecture
2 Local Community Impact
3 Workforce Development
3. 3
Genting Americas Executive Committee
All with New York Experience, Diverse and Multi-Disciplined
Christian Goode
Chairman
President, RW Orange County
Jessica Hoppe
General Counsel
General Counsel, RW Miami
Kevin Jones
Diversity & Community Affairs
General Counsel, RW NYC
Edward Farrell
Finance
President, RW NYC
Michael Speller
Gaming Operations
President, RW Massachusetts
Thuy Trinh
International VIP Marketing
President, RW Bahamas
Ryan Eller
Non-Gaming Operations
CFO, RW NYC
4. 4
Region One – Hudson/Catskill Region
Orange County is Closest to $4 Billion Unsatisfied NYC Market
Delaware
Greene
Columbia
Ulster Dutchess
Sullivan
Orange
New York City NJ
PA
CT
NY
MA
Casino Zone
5. 5
Resorts World Hudson Valley Selects Exit 17
Exit 16 Woodbury Common –Too Congested for 5 Million More Vehicles
Resorts World Hudson Valley
Exit 17 – Currently 11 Million
New York City
NJ
PA
CT
Exit 16 – Currently 17 Million
NY
Casino Zone
6. 6
Towns of Montgomery/Newburgh
“Transportation Hub of the Northeast”
Montgomery/
Newburgh
New York City
Kingston
Port Middletown
Jervis
NJ
PA
CT
NY
Danbury
7. 7
Resorts World Hudson Valley Location Map
Large 373 Acres – Designed to Grow as an Integrated Resort
Town of Montgomery Town of Newburgh
Stewart Airport
9. 9
Resorts World Hudson Valley Master Plan
Potential for Broad Range of Family-Friendly Attractions
Interpretive
Trail
Parking
Garage
Parking Lot
Future Water Park/
Parking Lot
Entertainment
Center
Convention
Center
Hotel
Porte
Cochere VIP
Porte
Cochere
Casino
Porte
Cochere
Pool /
Night
Club
Central
Plant
N
10. 10
Future Water Park
Offset Winter Low Season
Body & Tube
Slide Tower
Boomerango
Superbowl
Complex
Wave
Pool
Cafe
The
RideHouse500
Kids Play
Structure
Party
Room
The Tornado
The Mammoth
Family Tube Slide
Toilets
Beach
Cabanas Drink
Food
Kiosk
Picnic
Tables
Sand
Beach
Flow
Rider
Kiosk
Food
Kiosk
Wave Pool
Beach
Cabanas
Beach Side
Restaurant &
Bar
Retail Toilets
Ramp
UP
Toilets
Lockers
First Aid
Food
Kiosk
12. 12
$4 Billion of Unsatisfied NYC Casino Market
14.6 Million Adults in NYC Metropolitan Statistical Area
$92
New York City St. Louis Detroit Pittsburgh Philadelphia Chicago
Source: CSFB
$474
$409
$322 $317
$288
Average:
$362
Casino Spending
Per Adult
13. New York Commercial Casino Revenues
Source: UNLV Research
13
Resorts World Casino NYC Increased NY Revenues by More Than 80%
Resorts World
Casino NYC
42% of Market
Other NY Casinos
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Estimated
$2.0
$1.5
$1.0
$0.5
–
Billion
14. Monthly Revenue Growth/Decline (Year-Over-Year)
Source: NYS Lottery Website
14
Resorts World Grew 3% While New York Declined 3% Over the Last 9 Months
New York State
-3%
+3%
Resorts World
15. 15
Better than Expected Success
Management Efforts to Maintain Growth
● More Loyalty Points
● Live Table Games
Investment
Marketing
● $880M Investment
● Future Expansion
on Large Site
● $300 M More than Promised
● 3rd Floor Events Center
● Genting Loyalty Program
● ETGs for Asian Baccarat
Resorts World
Hudson Valley
Resorts World Casino
New York City
16. 16
Marketing Strategies
● 12 Luxury Coaches with
Wifi, Reclining Seats
● Bus Routes in
Manhattan And
Elmhurst
Grow Market
Unique
Features
● Focus on
Unsatisfied Market
● Recapture from
Other States
Resorts World
Hudson Valley
● Favorable Tax and Operating
Conditions to Further Improve
– Freeplay
– Comps
– 24 hours
Resorts World Casino
New York City
● Bus Program to Eastern CT and PA
18. 18
Community Benefits
Local and Regional
● Guaranteed $20.7 Million
Annual Payments
– Town – $4.7 Million
– School – $13 Million
– Local Villages – $3 Million
● Over 3,000 Permanent Jobs
● Over 2,000 Construction Jobs
19. 19
Outpouring of Support
● Town Board of Montgomery, NY &
Villages of Maybrook, Montgomery & Walden
● Hudson Valley Building & Construction Trades Council,
Laborers’ International Union
of North America, Hotel Trades Council
● Dutchess County, Orange County & Orange County Chamber
of Commerce
● Valley Central School District
● Community Foundation of Orange & Sullivan Counties
● Orange County Partnership
● City of Port Jervis, NY
● City of Middletown, NY
20. Resort Will Create More than 3,000 Careers
Source: Bureau of Labor Statistics, 2013 LAUS
20
Highest Compensation Due to NY Labor Agreement
Average Annual Wages & Benefits
$39,000
$60,000
Resorts World
Hudson Valley
National Casino
Average
21. Orange County Has the Highest Number of Unemployed
Source: Bureau of Labor Statistics, 2013 LAUS
21
Employees Will Come From Across the Region
Unemployed
Number Rate
Orange County 12,503 7.2%
Ulster County 6,667 7.8%
Sullivan County 2,903 8.7%
22. 22
Locations of High Unemployment
Resorts World Hudson Valley is Centrally Located
Monticello
35 miles
Port Jervis
35 miles
Kingston
40 miles
Poughkeepsie
24 miles
Newburgh
8 miles
RW Hudson Valley
Orange
Ulster
Dutchess
Putnam
Sullivan
Sussex
Rockland
Westchester
Middletown
12 miles
Passaic
23. 23
Transformative Workforce Development
New Opportunities
Maximize Direct
Job Creation
Well Paying Careers
● Regional Employment Centers
● Over 98% Local Workforce
● Compensation $60,000+
● Hiring Preference
Workforce Development
Program
● Colleges
● Veterans
24. 24
Diversity Plan–Proven in Resorts World Casino NYC
Genting Supports Minority and Women-Owned Business Enterprises
● Over 33% of Goods
and Services Purchased
from MWBE’s
● Over 30% MWBE
Construction Contractors
25. 25
Problem Gaming and Alcohol Safeguards
Best Practices in New York State
● Partnership with
NY Council on
Problem Gaming
● Robust Self-Exclusion
Policy
● Unprecedented
Shut-Off Policy
26. 26
Summary
$1 Billion Investment
$120 Million License Fee
Over 3,000 Permanent Jobs
Earning a Living Wage
$227 Million Annual Gaming Taxes
27. Maximizing Economic Benefits • Positive Impact • Job Creation • Sustainability
We look forward to making
Resorts World Hudson Valley a Reality
THANK YOU!
Maximizing Economic Benefits • Positive Impact • Job Creation • Sustainability
