The Times Union reports today - “A giant Malaysian gaming and resort entertainment firm with worldwide clout is in line to turn over $380 million to the state and gain the rights to build and operate the long-delayed video slots parlor at the state’s Aqueduct Race Track in Queens.

The state Lottery Division on Tuesday recommended the gaming consortium Genting New York LLC to develop a 4,525-machine video lottery terminal facility that is expected to feed hundreds of millions of dollars a year to the state and tens of millions a year to the cash-starved New York Racing Association, which runs the state’s three horse tracks.”

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