KUALA LUMPUR, April 9 -- Genting Malaysia Bhd - which owns the Resorts World casino in New York City - said an expansion of its gambling offering there would lift its tax payments to the state by US$1 billion (RM7.12 billion) annually, in its bid to seek one of the three new casino licences officials are considering for the area.

International news wire Bloomberg reported today that Genting has pledged to continue paying the US state about 67 per cent of its slot machine revenue in taxes inclusive of administrative fees and other expenses; while shares paid for table games would be lower.

The Malaysian casino operator based in Queens paid more than US$600 million in taxes and other levies last year, a company spokesman was quoted as say...