August 23, 2010

THe NY Racino is In the Bag!

It is confirmed.

Following a unanimous recommendation from the New York Lottery earlier this month, Governor David A Paterson, senate conference leader John Sampson and assembly speaker Sheldon Silver have all granted their approval to award Genting Malaysia Berhad's wholly-owned subsidiary, Genting New York, the right to develop and operate a video lottery facility at Aqueduct Racetrack.

So, let us see whether Genting can bring in cash into the coffers of Genting M that has been deftly depleted by the marauding Board.

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