Aqueduct slots get final approval from N.Y. State
A New York state comptroller has given his final approval for a contract with Genting New York LLC to operate some 4,500 slot machines at the Aqueduct horseracing track in Queens.
That means some 1,600 video slot machines could be up and running within the next six months.
Comptroller Thomas DiNapoli on Monday said he has approved the contract. The move gives 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.