Genting closer to clinching racino project


KUALA LUMPUR: Genting Malaysia Bhd’s indirect wholly-owned subsidiary Genting New York LLC (Genting NY) is one step closer to clinching the project to develop and operate a video lottery facility at the Aqueduct Racetrack in New York City.

In its filing with Bursa Malaysia yesterday, Genting said its unit on Wednesday received the recommendation of the New York State Division of Lottery to implement the “racino” project that would contain about 4,500 electronic slot machines.

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