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firekeepers casino thanksgiving buffetRWG may have recouped two-thirds of its usual visitation,” Yin continued.(Image: Las Vegas Review-Journal)Maybank associate research director Samuel Yin Shao Yang says it’s unlikely the new venue will be profitable right out of the gates, citing the effects of the coronavirus pandemic on the US gaming market, in particular Sin City.The United States is now the country worst hit by the COVID-19 pandemic,” writes Yin in a note to clients. More than three months after Nevada casinos reopened, traffic on the Strip remains slack, particularly on weekdays. RWG may have recouped two-thirds of its usual visitation,” Yin continued.The company is coming off its worst second-quarter performance in a decade, and its Genting Hong Kong cruise line is on the brink of collapse because of the pandemic.With 3,500 rooms and 110,000 square feet of gaming space, Genting’s first Las Vegas venue could have its work cut out for it in terms of generating high occupancy rates and solid gaming revenue. That’s unless a vaccine emerges and the US economy rapidly improves prior to the resort’s opening.Genting Can Be PatientGenting owns and operates casinos in Malaysia, other parts of the US, Singapore, Philippines, and the Bahamas, so it has the luxury of waiting for a new property, in this case, Resorts World Las Vegas, to ramp-up.The company owns nearly half of Genting Singapore, operator of Resorts World Sentosa. turtle lake casino events