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Name | Symbol | Market | Type |
---|---|---|---|
Genting Malaysia Berhad (PK) | USOTC:GMALY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 11.00 | 7.66 | 11.00 | 0.00 | 13:22:56 |
By Jason Ng
KUALA LUMPUR--Casino and resort operator Genting Malaysia Bhd (4715.KU) said Friday that its unit has signed four horse racing associations as partners to operate slot machines and a casino at its Resorts World Omni Center in Miami, Florida.
The agreement with Gulfstream Park Racing Association Inc., Gulfstream Park Thoroughbred After Racing Program Inc., The Florida Horsemen's Benevolent & Protective Association Inc. and Florida Thoroughbred Breeders' Association Inc. comes after Genting acquired Omni Center in 2011 as part of its $3.8 billion Resorts World Miami project.
"The partnership is the initial step toward enabling Genting Malaysia to create a leisure and entertainment resort" which includes a gaming facility with 2,000 slot machines in Miami, the company said in a statement.
Write to Jason Ng in Kuala Lumpur at jason.ng@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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