Mixed views on Genting’s US lottery venture


PETALING JAYA: Analysts have “mixed feelings” on Genting Malaysia Bhd’s latest interest to develop and operate a video lottery facility at Aqueduct Racetrack in New York, the United States.

In a filing with Bursa Malaysia on Thursday, the company said it had made a submission via indirect wholly-owned subsidiary, Genting New York LLC (Genting NY) costing US$1mil for the rights to participate in the bidding process to develop and operate the video lottery facility.

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