Late last year, Birmingham Post reported that the casino was expected to shut down in January 2017.
The casino opened in 2003 but has been suffering in recent years and has reduced in size and entertainment, reported Birmingham Post.
Genting currently still retains a lease on the building and is now working with landlord Quadrant Estates on alternative uses for the vacant space.
The report said a newly filed planning application suggests that a casino, albeit a much smaller one, could return to the ground floor of the venue where gaming tables are used for training croupiers.
A report accompanying the application said the main casino space on the first floor closed in January in response to changing market conditions in the gaming industry.
A spokesman for Genting was quoted as saying: "At this stage, we are considering a number of different possible options for the building in question."
Genting's Star City casino is one of the largest in the region and has operated at the complex in Aston, Birmingham, for 13 years but had been suffering in recent years and had reduced in size and entertainment.
In 2015, Genting opened its new Resorts World complex at the National Exhibition Centre in Solihull, which has a casino, cinema, shops and several bars and is seen as a rival to Star City.
It also operates casinos in Birmingham city centre, Edgbaston and Coventry.