Maybank analysts say Genting Malaysia is likely to win New York casino licence
Maybank analysts said Genting Malaysia was likely to receive a commercial casino licence for Resorts World New York City. New York planned to award up to three downstate licences by year-end, and the analysts said the three remaining qualified bidders could all receive licences; the proposal targets opening a full-scale casino within six months of licensing.
The potential award and six-month launch target matter to Genting Malaysia’s plans for the New York market.