2024.07.17
gold coast casino 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. Analysts believe it could be a sign Genting wants to list in the US. The new Resorts World Las Vegas on the Strip, seen above. winstar world casino revenueThe new Resorts World Las Vegas on the Strip, seen above. (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. “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. free casino slot machine games sunset station casino restaurantscall pechanga casinoAnalysts believe it could be a sign Genting wants to list in the US. Parent Genting Berhad is a sprawling conglomerate with multiple listed entities. (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. caesars casino promotionsWhile 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. (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. 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. r sloto cash casino online casino microgaming no deposit bonustwin river casino rooms(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 World Las Vegas, which opened earlier this week, could set the stage for operator Genting Berhad to pursue a US listing of its shares. (Image: Caesars Entertainment)Last week, the Pennsylvania Gaming Control Board (PGCB) approved Harrah’s Philadelphia to remove the number of slot machines. The new Resorts World Las Vegas on the Strip, seen above. 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. desert diamond casino commercial 2021 g f casino |