Genting Malaysia buys stake in US-listed Empire Resorts for $129m

Genting Malaysia buys stake in US-listed Empire Resorts for $129m

Resorts World Genting in Malaysia. Photo: Genting website

Casino and resorts operator Genting Malaysia said on Tuesday its U.S. unit bought about 13.2 million shares in Empire Resorts Inc from its largest shareholder, Kien Huat Realty III Ltd, for about $128.6 million.

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