NYNY is paying KH 7.5% annual interest on the outstanding loan. Heck, I will lend any AAA rated entity 7.5% on my money. Problem is what debt rating do you think NYNY has? Below sea level.
Genting Has BILLIONS in Cash......Genting Owns 24 Million Shares.....Genting Could Easily Loan nyny (Itself) The $400 Million To Build The Casino....And Collect The INTEREST......Basic Math 101
And Since Genting Basicly Owns Empire Resorts....They Would Be Paying Back The INTEREST to Themselves.....From The Casino Cash Flow.....Again Basic Math 101.....
I own 11 vehicles and two properties with no loans I built my business and then built my house with cash.