Setback for Genting

PETALING JAYA: Shares of Genting Malaysia Bhd and parent Genting Bhd fell after Florida's House of Representatives committee postponed a vote on a bill to expand casino gaming in the state, putting a dent on the gaming empire's plans to expand into the sunshine state.

Genting Malaysia slumped 20 sen or 4.9% to RM3.81 with 24.04 million shares changing hands, while Genting shed 50 sen or 4.5% to RM10.50 with 12.48 million shares traded.