NY comptroller approves Aqueduct VLT contract
ALBANY, N.Y. (AP) - More than 1,000 video slot machines may soon
be whirring at Aqueduct race track now that a long-delayed contract has gotten final approval from state Comptroller Thomas DiNapoli. DiNapoli says Monday he approved a contract for Genting New York LLC to build and operate about 4,500 of the machines at the thoroughbred track in Queens, giving the company 10 days to pay the state $380 million upfront. State officials say they expect to eventually get $1 million a day in revenue. The subsidiary of Genting Malaysia Berhad proposed opening a preliminary phase with 1,600 slot machines six months after contract approval. The rest would follow six months later on two floors, with a pedestrian bridge to the Aqueduct subway station. (Copyright 2010 by The Associated Press. All Rights Reserved.) |
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