(Bloomberg) — The New York Racing Association Inc., operator of the Aqueduct, Belmont and Saratoga horse tracks, faces insolvency in 2011 without revenue from long- delayed electronic slot machines, New York Comptroller Thomas DiNapoli said.
State officials disqualified all bids but a Malaysian casino operator’s last week to develop an electronic slot- machine parlor, called a racino, that would include more than 4,000 video lottery terminals, or VLTs, and other facilities at Aqueduct Racetrack in New York City.
Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN
