2024.07.18
doubledown casino journeyResorts World Las Vegas, which opened earlier this week, could set the stage for operator Genting Berhad to pursue a US listing of its shares. Those include Genting Malaysia, which includes gaming operations in that country, and Genting Plantations, a producer of palm oil and a real estate developer. 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. hard rock casino lake tahoe nevada(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. “A good number of venues aren’t accepting credit cards or digital payments due to point-of-sale fails.”caesar casino windsor hours chumba casino no deposit codessilver oak casino no deposit promo codesWhile 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. 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. That operator, which traded on the Nasdaq under the symbol “NYNY,” operated Resorts World Catskills. desert diamond casino fireworks 2021” the governor told the Las Vegas Sun. 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. 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. borgata casino atlantic city home casino poker tablebet rivers casino for funAmid 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. The casino recently gained approval to remove 563 machines. 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 near me directionsdealers and a sportsbook.Genting previously had a publicly traded unit in the US — Empire Resorts. Resorts World is beautiful,” Tommy Canale, a Las Vegas podcast host, told Casino.org. “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. island resort and casino job application resorts casino nj sportsbook |