Wednesday, July 7, 2010

Flash: Malaysian Subisidiary Is Last Group Standing For Aqueduct Slots After NY Regulators Disqualify Other Two Bidders

Feather News

A subsidiary of the Malaysian investors that financed Foxwoods remains the only eligible bid thus far submitted to the state's lottery board to build and operate a 4,500 video lottery terminal slot parlor at the Aqueduct Racetrack in Queens, N.Y.

Two other bidders, Penn National and another group that includes SL Green and the Seminole Indian's Hard Rock International, are reportedly disqualified after a review of their documents showed they did not conform to the requirements established by the New York Lottery Division which is in charge of the bidding process.

The Aqueduct Racetrack is located about 125 miles from the Mohegan Sun.