2024.07.19
sunset station casino cafeResorts World Las Vegas, which opened earlier this week, could set the stage for operator Genting Berhad to pursue a US listing of its shares. Genting Singapore, the operator of the Resorts World Sentosa integrated resort in that country and a leading contender to bring a gaming property to Japan, is also publicly traded.Genting Americas PreviewThe Bernstein note doesn’t explore the technicalities of the shape Genting Americas could take if it does, in fact, pursue a US equity.It’s possible the holding company could be focused entirely on Resorts World Las Vegas. (Image: KLAS-TV)Bernstein analysts believe the newest integrated resort on the Strip is a sign the Malaysian parent wants to list in the US. south lake tahoe casinos with arcadesThose include Genting Malaysia, which includes gaming operations in that country, and Genting Plantations, a producer of palm oil and a real estate developer. For example, Monarch Casino (NASDAQ:MCRI) owns just two gaming properties, while Okada Manila — a single property entity — wants to trade in the US through a merger with a special purpose acquisition company (SPAC).However, Genting Americas could add heft to its publicly traded portfolio. “A good number of venues aren’t accepting credit cards or digital payments due to point-of-sale fails.”drake casino no deposit bonus codes july 2020 is chukchansi casino open nowcasino zurichThose include Genting Malaysia, which includes gaming operations in that country, and Genting Plantations, a producer of palm oil and a real estate developer. “A good number of venues aren’t accepting credit cards or digital payments due to point-of-sale fails.”Caesars says thunder valley casino einWhile most publicly traded gaming operators run multiple, in some cases dozens, of venues, it’s not unheard of for listed companies in this space to have small rosters. Returning patrons at Harrah’s Philadelphia will find a rearranged casino floor that features 563 fewer slot machines at the Caesars Entertainment property. Analysts believe it could be a sign Genting wants to list in the US. call firekeepers casino encore casino floor planmorongo casino and spaFor example, Monarch Casino (NASDAQ:MCRI) owns just two gaming properties, while Okada Manila — a single property entity — wants to trade in the US through a merger with a special purpose acquisition company (SPAC).However, Genting Americas could add heft to its publicly traded portfolio. Those include Genting Malaysia, which includes gaming operations in that country, and Genting Plantations, a producer of palm oil and a real estate developer. Caesars told the state gaming agency that the decision was because of “a significant oversupply and underutilization” of the existing terminals.With PGCB approval, the slot count at Harrah’s was reduced from 2,263 positions to 1,700. But the research firm didn’t mention when that could happen, nor did it speculate as to whether the operator would bring a US version of its stock to the Nasdaq or New York Stock Exchange (NYSE).With the opening of Resorts World Las Vegas and a strongly rebounding US gaming industry, and if Genting’s hcasino near me directionsistory is any guide, a Genting Americas US listing may be coming at some point in the future,” said the Bernstein analysts in a recent note.It’s not a stretch to think the operator will seek a US-listed stock. That operator, which traded on the Nasdaq under the symbol “NYNY,” operated Resorts World Catskills. “It’s setting a new standard, and it’s raising the bar very, very high.”Local tourism and media representatives have expressed hope that Resorts World will help bring new life to the slow-to-revive north end of the Strip. cashman casino glitch paragon casino car show 2020 |