2024.07.18
the resorts casinoCaesars says (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. “A good number of venues aren’t accepting credit cards or digital payments due to point-of-sale fails.”resorts casino eventsIn 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. 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. Resorts World Las Vegas, which opened earlier this week, could set the stage for operator Genting Berhad to pursue a US listing of its shares. lake tahoe with casino riverwind casino norman ok phone numberlist of black hawk casinosAmid 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. 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. 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. foxwoods resort casino 301 weatherReturning 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. “A good number of venues aren’t accepting credit cards or digital payments due to point-of-sale fails.”online casino taxes borgata casino loginb spot online casinoGenting 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. 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. The parent company owns Resorts World New York City (RWNY) in Queens, which is slated to become a traditional casino with live table game casino games freedealers and a sportsbook.Genting previously had a publicly traded unit in the US — Empire Resorts. The new Resorts World Las Vegas on the Strip, seen above. Resorts World is beautiful,” Tommy Canale, a Las Vegas podcast host, told Casino.org. (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. the casino roulette wheel little river casino campground |