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Genting sole bidder for New York Aqueduct VLTs

13th July 2010 8:06 am GMT

Genting Malaysia Berhad's wholly-owned subsidiary, Genting New York, remains as the sole bidder to develop and operate 4,500 video lottery terminals (VLTs) at New York's Aqueduct Racetrack after the NY Lottery last week disqualified two of the three final bids received late last month.

NY Lottery director Gordon Medenica said that two of the three proposals did not conform to the "requirements of the competition" and, instead, attempted to negotiate for terms more favourable to the [...]

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