If that happens, RWNYC’s underlying net income could rise to MYR610 million, which is approximately US$130 million, said Samuel Yin Shao Yang, Maybank IB. Tribal Gaming, Casino News, Tribal Gaming, U.S.A., Casino proposals, Latest Casino and Gambling News, New Hotels, Casino expansion projects, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Conferences / Trade Shows, Licenses, Asian Casino News, Malaysia, Licensing, Massachusetts, New Yorkįollowing the possible continuation of two crucial casino projects in the US, Maybank Investment Bank commented in a note published on September 10 that they “could raise Genting Malaysia’s long-term earnings estimates by as much as 74%.”Īs initially reported by local news and then by IAG, the New York State Gaming Commission (NYSGC) has restarted the Request for Applications (RFA) process for the granting of 3 downstate casino licenses, with Genting Malaysia regarded as a frontrunner for 2 of three casino licenses, to extend its Resorts World New York City (RWNYC) facility by putting table games to its offering. Betting on sports futures, props and lay bets.
