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live casino logoThose include Genting Malaysia, which includes gaming operations in that country, and Genting Plantations, a producer of palm oil and a real estate developer. US-based operators with Asian footprints that are also players in the booming domestic internet casino space include MGM Resorts International and Wynn Resorts.As for Las Vegas comparisons, Bernstein sees Resorts World competing with the Strip’s glitzier venues, including Aria, Bellagio, Cosmopolitan, the Venetian/Palazzo, and Wynn/Encore.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. golden nugget casino owner(Image: Caesars Entertainment)Last week, the Pennsylvania Gaming Control Board (PGCB) approved Harrah’s Philadelphia to remove the number of slot machines. 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. 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. island of capri hotel and casino royal ace casino registrationsoaring eagle casino hoursThe casino recently gained approval to remove 563 machines. 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. The new Resorts World Las Vegas on the Strip, seen above. is the seneca niagara casino poker room openGenting 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. The new Resorts World Las Vegas on the Strip, seen above. ” the governor told the Las Vegas Sun. when black hawk casino open gold coast casino sports bookgold coast casino las vegas bingoParent Genting Berhad is a sprawling conglomerate with multiple listed entities. The casino recently gained approval to remove 563 machines. Parent Genting Berhad is a sprawling conglomerate with multiple listed entities. 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. 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 hintertops casino coupon codesistory 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. The new Resorts World Las Vegas on the Strip, seen above. clearwater casino rv park is seneca niagara casino open yet |