Malaysia-based Genting New York is expected to get the contract to build a 'racino' with about 4, 525 video slots at the Queens track, local media reported on Friday. Genting New York, a subsidiary of the largest gambling company in England and Southeast Asia, could begin to install 4,525 video slot machines at Aqueduct racetrack in Queens by next month if the plan wins approval from the state attorney general and the state comptroller, the New York Times reported. New York Governor David A. Paterson and leaders of the state Senate and Assembly this week approved Genting's plan. The company is offering an upfront fee of 380 million U.S. dollars to the state. That will be due within 10 days after New York's comptroller and attorney general sign off following standard contract reviews. The grandstand at the old racetrack in Queens will be transformed into a 'showcase,' the company said, with a three- story atrium, a posh, two-story gambling hall, restaurants and a new enclosed sky bridge to the subway station and a shuttle to John F. Kennedy Airport. Genting said Aqueduct will generate more than 1.5 million U.S. dollars a day in tax revenue for the state, the New York Times reported. The bid to bring casino gambling to the Big Apple has stalled for much of a decade, sidetracked repeatedly by a casino company's bankruptcy, funding difficulties, disputes and investigations. New York authorized video slot machines at Aqueduct and eight other racetracks in 2001 to generate revenue in the aftermath of the Sept. 11, 2001 terrorist attack on the World Trade Center. But slot parlors failed, including the first one at Aqueduct when its sponsor, the New York Racing Association, declared bankruptcy in 2006. 