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Jack O replied to comment on GENM.
6 months
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search resorts world new york city
https://www.prnewswire.com/news-releases/resorts-world-new-york-city-submits-supplemental-7-5b
https://www.prnewswire.com/news-releases/resorts-world-new-york-city-submits-supplemental-7-5b
Not 2.80. if u have “TWO” GENTING CASINOS….? How ahh ?
The current existing building of resort world new york houses6000 slot machines. when it was build the casino floor space was build extra big from the beginning .thats why in the proposal to the new york gaming commission , the speed to market was emphasised ie rwnyc can generate extra revenue asap. they just move 2000 machines away so bal 4000 slot machines and move in 400 table games and increase workforce to 5000…. by june 2026 the mgt of rwnyc say they will be ready to generate revenue kau kau…..so from july 2026 to june 2027…..they even pledge kah to new york state pay usd 1 billion gaming tax …?
funding no problem lah if u ebitda usd800 million per year. the build up is in stages not sekaligus lah….
list genting america….mamerica….marketbil-7b ? low ball…then genting malaysia owns 100% kan. wht funding problem
funding no problem lah if u ebitda usd800 million per year. the build up is in stages not sekaligus lah….
list genting america….mamerica….marketbil-7b ? low ball…then genting malaysia owns 100% kan. wht funding problem
Wow one casino licence the press release say can make USD 4 billion per year. Thats RM 16 billion revenue per year !
the valuation reports currently available in msia dont seem to take into account the HUGE potential of Resort work new york city.
make a guess how many tourists visit new york in one year? 60 million
msia trying 30mil ….
https://www.prnewswire.com/news-releases/resorts-world-new-york-city-submits-supplemental-7-5b-proposal-including-2b-in-community-benefits-for-full-commercial-gaming-license-to-create-largest-integrated-resort-in-the-us-302585369.html?utm_source=chatgpt.com
make a guess how many tourists visit new york in one year? 60 million
msia trying 30mil ….
https://www.prnewswire.com/news-releases/resorts-world-new-york-city-submits-supplemental-7-5b-proposal-including-2b-in-community-benefits-for-full-commercial-gaming-license-to-create-largest-integrated-resort-in-the-us-302585369.html?utm_source=chatgpt.com
at usd 800million and a ev/ebitda multiple of 12….means resort world new york city ent value is usd 9.6 billion or RM 42 billion. ent value genting malaysia now also say 12 multiple la only RM 36 billion ! what !!!
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