It was reported this morning that all three downstate New York casino applications – which included Genting’s at the Aqueduct Racetrack in the Queens borough- have received approval for their projects.
New York Governor Kathy Hochul said in a press statement the three approved casinos are expected to generate billions of dollars for the Metropolitan Transportation Authority and education as well as create thousands of jobs and benefits to their surrounding communities.
“Each of the projects made significant commitments to their communities and to New York State, and the Gaming Commission free credit was clear that they will hold these projects accountable and make sure they keep their promises,” she said.
Prior to the midday break, shares in Genting Bhd
were unchanged from the reference price at RM3.02 apiece, while Genting Malaysia’s stock was traded three sen higher at RM2.07 a share.
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