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Maybank analyst favours Genting’s Resorts World bid for New York casino licence

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Maybank Investment Bank analyst Samuel Yin Shao Yang said the three remaining downstate New York casino bids were highly likely to win licences, while naming Genting Malaysia’s Resorts World New York City proposal as the frontrunner. The bid pledges a $600m licence fee, and the analyst said its existing site could support an earlier opening than rival proposals. The Gaming Facility Location Board is reviewing the bids before recommendations go to the New York State Gaming Commission.

The analyst’s view highlights licence fees and potential opening timing as factors in pending New York casino decisions.

End-of-day close Genting Malaysia (4715), MYR, to 12 December 2025
Story date17 September 202512 December 2025

Latest reported results

Genting Malaysia Bursa Malaysia: 4715

Quarter ended 31 December 2025

Revenue
MYR 3.01bn

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