Genting Malaysia, a firm engaged in the leisure and hospitality business, agreed to invest $150m in Empire Resorts, a casino operator. "The proposed equity injection will also allow GenM to reinforce its position and grow its market presence in the New York State gaming market by leveraging synergies between RWNYC and RWC to achieve cost savings and grow business volumes and revenues as well as capitalise on the prospects and future growth of Empire," Empire Resorts.