Posted Aug 23, 2010, 5:53 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,890
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http://therealdeal.com/newyork/artic...eyond-aqueduct
Genting hopes to expand beyond Aqueduct
August 23, 2010
Quote:
Genting Berhad, the Malaysian company that is close to getting final approval for its $380 million bid to operate the city's first gambling parlor at the Aqueduct racetrack, has big plans for the Queens raceway and for expansion into the rest of the country, the Wall Street Journal reported.
The project -- Genting's first in the U.S. -- will initially be limited to 4,500 slot machines and electronic table games, but the company hopes to later expand it into a destination resort with upscale hotels to attract international travelers.
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