Genting Malaysia Plans Gaming Project in Miami With Partners
January 10 2014 - 7:12AM
Dow Jones News
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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