Empire Resorts operates businesses such as Resorts World Catskills, Resorts World Hudson Valley and mobile sports betting in New York.
PETALING JAYA: Genting Malaysia Bhd
will inject up to US$100mil (RM464.15mil) into Empire Resorts Inc via its subsidiary, Genting ER II LLC (GERL).
In a filing with Bursa Malaysia, the company said the proposed injection involves subscribing to US$100mil worth of Series M Preferred Stock of Empire by Genting Malaysia’s subsidiary.
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