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GMALY Genting Malaysia Berhad (PK)

11.00
0.00 (0.00%)
28 Feb 2025 - Closed
Delayed by 15 minutes
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 17.00 26 21:00:01

Genting Malaysia Says Unit Fails to Get Casino License From New York Board

18/12/2014 9:27am

Dow Jones News


Genting Malaysia Berhad (PK) (USOTC:GMALY)
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   By Jason Ng 
 

KUALA LUMPUR--Genting Malaysia Bhd. (4715.KU) said Thursday its unit has failed in its bid to secure a license to run a casino project in the state of New York.

Genting Malaysia's proposal for a $1.5 billion casino project in Tuxedo, N.Y., in Orange County was among the 13 other proposals rejected on Wednesday by the New York's Gaming Facility Location Board.

Its unit, RW Orange County LLC, submitted its bid on June 30 and "has not been successful in its applications," Genting Malaysia said without elaborating.

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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