2024.07.19
coushatta casino louisiana texasThe casino recently gained approval to remove 563 machines. 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 hatlantis hotel casino las vegasistory 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. Masked bettors enjoy slot machines on the Harrah’s Philadatlantis hotel casino las vegaselphia casino floor. peppermill casino couponsFor 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. 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. While 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. table games at fallsview casino harrahs casino first timesoaring eagle casino location Masked bettors enjoy slot machines on the Harrah’s Philadatlantis hotel casino las vegaselphia casino floor. “A good number of venues aren’t accepting credit cards or digital payments due to point-of-sale fails.”The new Resorts World Las Vegas on the Strip, seen above. soaring eagle casino zz topCaesars says Those include Genting Malaysia, which includes gaming operations in that country, and Genting Plantations, a producer of palm oil and a real estate developer. In 2019, analysts noted the company could combine the New York assets, Resorts World Bimini Resort and Marina in the Bahamas, and a 30-acre parcel of land in Miami the company wants to build a casino on into a publicly traded US entity.Analysts estimated such a company could be worth .5 billion to .9 billion by 2025 — a figure not including the .3 billion Sin City venue.Bernstein adds that if Genting is serious about a New York listing, it may need to develop an iGaming strategy, which it currently lacks. soaring eagle casino players club jamul casino free giftsdraftkings at casino queen rvThe new Resorts World Las Vegas on the Strip, seen above. Amid financial struggles, the business was taken private by Genting Malaysia in late 2019.Previous SpeculationPrior to Resorts World Las Vegas opening, there was some talk Genting could list in the US. “Vegas needed this.” Canale hosts the Las Vegas-based Before the Lights and The Golf Zone podcasts.Some who attended Thursday’s opening noted that glitches occurred.“Tonight’s top tip for your visit to the new cashless casino resort: Bring cash,” the Twitter feed Vital Vegas noted. Caesars says “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. Amid financial struggles, the business was taken private by Genting Malaysia in late 2019.Previous SpeculationPrior to Resorts World Las Vegas opening, there was some talk Genting could list in the US. casino l isle adam mgm casino food |