ImCK

ImCK | Joined since 2014-02-14

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1 week ago | Report Abuse

EARN from participation fees is another way to pay less tax improve margin less compliance

1. Current Audience: Luck-Based Players
2. New Audience: Skill-Based Players
Competitive Tournaments: Host large-scale events for poker, blackjack, or esports.
Skill-Gaming Arenas: Create dedicated spaces where players compete for prizes and recognition.

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1 week ago | Report Abuse

Genting can expand to new concept by creating an "All-Player Arena"
that caters to both luck-based players and skill-based competitors.

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1 week ago | Report Abuse

different types of skill-based competitions—such as golf, chess, and other sports or games—serve as a model for participation fees while attracting players who want to demonstrate their abilities rather than rely on luck.

no matter player looking for luck base or skill-based genting also can grab 😂 like western why so love poker because is more to skill-based

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1 week ago | Report Abuse

U.S potential havent explode yet there is big market with 300million population and with X4 currency advantage

a lot income source can explore not only focus casino too slow and high tax
we can aim like self host competition/ tournament Participant Fee
Example: self host golf competition IN RW catskill golf course
there earn participant fee at the same time bring more traffic to thier RW catskill upsell them stay , f&b spend and casino gaming .

Organize competition by given out prize is similiar like slot game .
RW should explore more like this

Casino events primarily target players seeking luck-based wins, while competitions/tournaments appeal to players looking to demonstrate skill and ability. Structuring your event as a competition emphasizes skill, but you can still integrate certain aspects of casino-style excitement to attract a broader audience.

Participant Fee as Entry: Each player pays a participation fee, forming the main revenue pool.
Prize Distribution: Similar to casino tournaments, a portion of the fee is used for prizes while the remainder covers costs and generates profit.





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1 week ago | Report Abuse

lazy talk with noobie
annual report dont know how to see
quater report dont know how to see
tell me NYC proverty and homeless many people

forum is not design for non educate people



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1 week ago | Report Abuse

seem like you re very poor in business when enough lowest price
do you think they have choice look for other ? either pay more or either accept the rule

same like airasia you buy cheapest fare ticket still accept got free food and free drink and comfortable seat ? if want then add on
a lot upselling stragegy can do .

very funny to see you reply like that
of course if you choose higher tier memership club can skip get priority access
if you choose the lowest price then you need que or booking 1st and wait to play

you dont know got membership tier a
you 1st time business a




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1 week ago | Report Abuse

genting have all the card already I want see when management want show hand only
or learn western stragegy slowly chop people chop until
U.S Return of Asset / EBITDA return only 3%
very failure investment earning lower than FD




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1 week ago | Report Abuse

the new york gross gaming revenue already show only 4billion GGR market size per year
even you work harder focus on gaming also 4billion only and this 4billion need share with other casino somemore havent included customer win rate

why dont focus aim golf membership 1st the market size is more than it
Annual revenue: $225 billion
when more golf player they will need stay they need f&b they need play casino with friend in night .

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1 week ago | Report Abuse

wow you use price to determine 5 star or 4 star instead of service
we want is result okay ? no one will care 5 star or 4 star
genting got casino facility while waiting for spa they can go play it will direct impact to gaming revenue . when the que is long traffic is flood genting can sell priority membership private club charge even higher than 5 star you said . you know the theory of business boh

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1 week ago | Report Abuse

wa junkit you re noobie in business ? dont know what is volume stragegy ? i already given you sample
like mixue speed99 if you re lowest price compare to competitor 100% they will come signup with you
consumer only loyalty to price and what you can give .

this is how sucessfully like airasia playing

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1 week ago | Report Abuse

go time study CFA learn how to see the corporate performance problem

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1 week ago | Report Abuse

please la they already have those facility but they didnt optimize and utilize it
why i said that because you can see ROA return is only single digit in U.S !!!!
25,291.3 billion value asset in U.S only generate 983.2 million adjusted abitda
only 3% RETURN

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1 week ago | Report Abuse

do you understand genting u.s got what ?
you dont know rw catskill already got golf facility ? https://rwcatskills.com/monster-golf-club/
you dont know thier property already got gym facility ?
you dont know thier resorts already got offer spa service i ?
WTF your info get from which fake news website by china fans

sound like you know nothing about them you only keep based on imagine

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1 week ago | Report Abuse

do you know how to see report ? EBITDA ? You know what happening for genting ? i know more than you
Your macro is get from youtube by china fans uploaded that why you keep talking NYC proverty and poor homeless .

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1 week ago | Report Abuse

funny junkit you showing you re non educate and dont know what is happening to genting

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1 week ago | Report Abuse

cincai aim 1 business the market size is more than
New york casino 2023 gross gaming revenue already

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1 week ago | Report Abuse

Resorts world NYC , RW Catskill , RWLas vegas
Gym Market Sizr:
72.9 million gym members in the U.S.
With 72.9 million gym members in the U.S. and an average monthly fee of $40 to $50
Annual revenue: $34.99 billion to $43.74 billion


Resorts world NYC , RW Catskill , RWLas vegas
Spa Market Size: The U.S. spa industry generated approximately $20 billion annually as of 2023
Monthly spa memberships typically range from $70 to $200
Annual revenue: 20 billion


Resorts world catskills
Golf Membership Market Size :
The U.S. has about 45 million golfers
typical American golfer at private clubs will spend around $5,000 annually on membership and related costs,
Annual revenue: $225 billion

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1 week ago | Report Abuse

genting should offer more non gaming experience focus on yearly subcription basis service
like Costco Wholesale in U.S their main income source is from membership renewal

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1 week ago | Report Abuse

imagine if you dont want USD how you gonna pay USD debt
dont tell me you want EARN RMB then convert to USD double cost in currency exchange
🤣 accept the FACT
U.S will no more outsource to other country
they got lowest price fuel now man power they have AI and robot in future
more people will retire earlier take money from goverment enjoy entertainment so entertainment is essential .


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1 week ago | Report Abuse

Junkit look like not too familiar with economy and business running . its okay forum is for everyone learning . i can told you global money is flowing into U.S now with lowest tax rate 15% + SUPER HIGH TARRIF . You want to earn USD then you only can go U.S do business
if you dont want your competitor will go who go 1st who will take down all the market share 😂 due to this sistuation U.S economy sure will booming because everyone want USD

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1 week ago | Report Abuse

main issue is country security concern will you go support a goverment that support thieve rob you in street if below 1k usd and won’t get charge ?

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1 week ago | Report Abuse


CK i dont know if u brought the top and then u are now stuck so u become genting online CMO but sometimes u need to face reality, if their oversea business are doing so good, genting M profits wouldnt be like this. Based on 2024 Q4 9 consecutive report, malaysia hotel/ casino made 5,049 mil US and bahamas made 1518mil myr. 13 years in the US 4 resort with casino and they lose to 1 genting malaysia with casino now they want to build 2 more if that isnt suffering i dont know what is.
REPLY: actually is stragegy problem they didnt really agressively expand thier non gaming part . there have alot of income source can explore you go see thier property didnt even explore advertising income . honestly thier property location is great but management dont know how to optimize earning you can open map and see


My base case is genting will do well in early 2025 when fed drops rate, u can imagine urself as their CMO and count their margin based on the population of NYC but lets just say thats how the people that invested in those boba drink got screwed they used the same maths as u are using
REPLY: why want sell boba drink only why cant we set boba drink 15USD unlimited boba drink for 1 hour with just 20 USD drink margin so high do you think they can drink 1 tank boba in stomarch ? 😁 when they lame they will go casino play try luck
or offer force selling stragegy buy 100 USD chip FREE Unlimited BOBA DRINK whole day



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1 week ago | Report Abuse

with casino integrate so i said RW can throw price in non gaming business lure more traffic to property spend 1st then use casino to chop them kaw kaw
😁 because long que they will go casino play a while waiting for seat

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1 week ago | Report Abuse

lowest price stragegy is the most effective look at airasia everyone can fly
look at speed99 cheap price grocery look at mrdiy comfirm lowest price 😁
without lowest price do you think they can grab market and growth like rocket ?
now people earn investor money liao IPO in thailand malaysia indonesia

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1 week ago | Report Abuse

non education only said population is syok sendiri because you dont know business dont know economy like china why is largest market in the world because of population la ! why malaysia is very small market because population la 30million only very simple theory
😁 we usually do market survey 1st ) population 2nd) average salary of people 3rd) current market size of that business from there we can see oppurnity la

u calculating the population of kl then say u sell lemonade everyone let u earn rm 1 u become millionaire overnight. Do u see the fualty in this narrative?
REPLY: why cant but make sure you re the lowest lo so everyone come buy with you then you can become millionaire lo .

the problem is how you attract all of them vote for you buy your product service
this is you need to think like MI XUE go see la all go to MI XUE now
go see MI XUE and see tealive now








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1 week ago | Report Abuse

100% is extreme positive scenario 5% is minimum target if everyone earn 100 usd you can get how much . very obviously to see you re know nothing with business and you dont know how to do market survey keep watching youtube see homeless but ignore data support
who said they re suffering do you know how to see annual report or quater report ?

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1 week ago | Report Abuse

Here are the top 10 wealthiest cities in the U.S., based on total wealth:

New York City, NY

Total wealth: Over $3 trillion
349,500 millionaires, 744 centi-millionaires, and 60 billionaires​
AFFAIRSCLOUD
.
San Francisco Bay Area, CA

Total wealth: Approximately $2.9 trillion
Known for its tech-driven economy, with major companies like Apple, Google, and Facebook​
AFFAIRSCLOUD
.
Los Angeles, CA

Total wealth: Over $1 trillion
Home to major industries such as entertainment, media, and technology​
AFFAIRSCLOUD
.
Chicago, IL

Total wealth: Around $750 billion
Known for its diversified economy, including finance, manufacturing, and real estate​
FUNDS SOCIETY
.
Washington, D.C.

Total wealth: Close to $700 billion
Significant due to its role in government and high-paying sectors like contracting​
AFFAIRSCLOUD
.
Houston, TX

Total wealth: Around $540 billion
A major center for energy, particularly oil and gas​
AFFAIRSCLOUD
.
Dallas, TX

Total wealth: Approximately $450 billion
Known for its corporate headquarters, finance, and tech industries​
FUNDS SOCIETY
.
Miami, FL

Total wealth: Over $450 billion
A growing hub for finance, real estate, and a major attraction for wealthy individuals​
AFFAIRSCLOUD
.
Boston, MA

Total wealth: Around $400 billion
A center for education, biotech, and finance​
FUNDS SOCIETY
.
Seattle, WA

Total wealth: Close to $390 billion
A tech powerhouse, home to Microsoft and Amazon

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1 week ago | Report Abuse

junkit do you see i take 5% population of new york estimate ?
and minimum spend 100 usd take in to calculation ?
100 usd also dont have can leave NYC already 😁
still can survive in new york ?

New York City is currently ranked as the wealthiest city in the world. It holds this position with approximately 349,500 millionaires, 744 centi-millionaires, and 60 billionaires, collectively contributing to a total wealth exceeding USD 3 trillion.

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1 week ago | Report Abuse

so focus in non gaming create add value 1st then only focus on gaming . gaming can get everywhere they can go online they can go other casino .
only non gaming is full of potential growth because u.s have 300milion population target 5% of population spend in RW is enough meat to eat already

300million population x 5 % = 15million
15million x 100 USD = 1.5billion USD
1.5billion USD convert to MYR is very huge profit 6billion MYR
Compare to 2023 U.S Bahamas only generate 1.6billion MYR revenue

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1 week ago | Report Abuse

50% proverty means still got 4million can spend in NYC i dont expect 100% population
if target ( 5% population of 8million citizen ) 400k citizen go spend at RWNYC minimum spending 100 USD also can create
40million USD in month . 12month x 40million = 480MILLION USD per year in non gaming revenue
convert to ringgit is 1.6billion just in NEW YORK
exclude gaming revenue yet and advertising income when traffic is busy

in 2023 GENM reported they only generate 1,875.6 billion revenue
for all properties in U.S Bahamas

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1 week ago | Report Abuse

Junkit look at data always gym https://www.ibisworld.com/us/industry/new-york/gym-health-fitness-clubs/12174/ f&b https://www.statista.com/forecasts/1207208/food-and-beverage-stores-revenue-in-new-york
gross gaming revenue in new york only 4,719.89billion
new york f&b 40billion
new york fitness subcription 3.2 billion market size
north american wellness spa 51.3 billion market size

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1 week ago | Report Abuse

New york population 8.258 million why should think how to earn each people
100 usd ? 8.258 x 100 usd = 825million there have a lot of oppurnity in non gaming
Example like integrate 24HOUR gym / video game facility for kids and family
earn member subcription fee / annual pass
drive traffic at same time convert them to gaming revenue

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1 week ago | Report Abuse

Junkit the bid is like poker game because the downstate commercial lisense too much competitor . RWNY is showhand to other competitor see who dare follow 1billion tax pledge .

the problem is thier stragegy part as i said they got Great moutain view catskill with GOLF / great beach view bimini resorts they can make cross property stragegy . Example: Force selling1000 USD chip FREE vacation in Resorts world catskill / Resorts World Bimini with expiry date or 500USD come with F&B voucher .

A lot of stragegy can play here without cost and drive traffic to own property continue spending .












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1 week ago | Report Abuse

they put thier reputation is risk with worst performance label . how to bid other country casino lisence ? goverment will ask show me your track record what should genting show ?

must forget useless western stragegy chop people with branding the market not fool there have a lot choice now . use back china man stragegy aim volume offer more add value lowest then they will share = FREE MARKETING grab market share let your peer cant growth then eat thier market share . like SPEED99 most of the profit not from grocery the main income from is advertising and listing fee . if you dont change your mindset you forever loser like airasia do you think they play branding ? they play lowest price strategy when many many people then only start filter offer VIP service Priority Service
.

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1 week ago | Report Abuse

ATK i think he is overload too much business need monitoring until now i still cant believe why genting will buy PUC and LANDMARK for nothing and lose multi million

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1 week ago | Report Abuse

must use non gaming business to lure traffic come to genting then convert it to gaming revenue then gaming there promote combo package with F&B RM1000 chip FREE RM200 F&B voucher . haiya people lose RM1000 to you give people eat and happy la nvm
genting is sell happy let people lose also lose happily . 1.5million of annual pass sure bring parent up to hill 1.5million annual pass holder x 2 parent = 3million parent in casino buy RM1000 chip try luck somemore got free eat then is 3billion jor

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1 week ago | Report Abuse

If i m management i will set KPI for outdoor theme park A key target should be to secure annual pass subscriptions from at least 5% of Malaysia's population (~1.5 million Malaysians), generating recurring revenue of at least RM420 million annually. This excludes additional income from VIP ticket sales, international tourists, advertising income , F&B, and other revenue streams, which would further boost earnings.
Increased foot traffic and longer queues can also drive upselling opportunities, such as 1 day VIP tickets to skip que , ad exposure when que , and higher F&B sales when hungry , enhancing the overall profitability of the theme park.

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1 week ago | Report Abuse

got beautiful beach like bimini got good moutain view like catskill provide different experience to U.S market haiya dont know why dont want to play cross-reward strategy cross-reward strategy to boost Cross-Property Engagement 😑 U.S team really very lack of productivity dont want utilize idle assets effectively . haiz non KPI management make U.S asset ROA ( Return of Asset ) only single digit return worst than put in dividen stock

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1 week ago | Report Abuse

RWLV should offer 2 night RWLV Room free 1 night at RW catskill campaign boost traffic
FREE room will make Additional Spending at Catskills:
Revenue from dining, gaming, or other activities during the free stay.

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1 week ago | Report Abuse

make slot game casino like real entertainment with ranking
1 week who earn the most credit can win 1st prize 😁 so encourge them keep coming RWLV play slot game every time entry need pay 100USD
let player fight and they enjoy with it they also happy can play so many round they will stay in RWLV eat at RWLV to avoid ranking drop

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1 week ago | Report Abuse

or organise slot game tournament earn from participation fees 100 USD
with 1st price 1,000 USD 2nd price 500 USD 3rd price F&B VOUCHER PRIZE COST 2000USD if got 30 or more participation join then consider gain already

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1 week ago | Report Abuse

why dont they offer something new in las vegas like 1 hour unlimited slot game play with 1000USD see how much you can get within hour . 🤣

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1 week ago | Report Abuse

have asset in U.S is good stragegy because asset will follow u.s economy and inflation get a good return in captial apperciate . but they dont know how to optimize earning and explore more unique experience which dont have in las vegas like night pool offer until night 10pm or 12a.m . they can enjoy pool watch las vegas night view
300million population in U.S if they target every people earn 100 USD only then can contribute 30 billion USD to them

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1 week ago | Report Abuse

ATK as mention management KPI problem . they can sell combo like 1000 USD with free F&B voucher . they can sell advertising as side income source when traffic is flood but obviously they didnt aggressively explore more . they still learning western stragegy want chop people with branding such silling stragegy in competitive market . pool also dont know offer until night time or charge if want to use pool in night a lot demand in night pool most of resort close early .

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1 week ago | Report Abuse

media never mention he is UAE gaming regulator daigor lol only tell MGM background

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1 week ago | Report Abuse

Koosan JIM is currently UAE gaming regulator leh you said leh so i m super confidence have such VVIP on board

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1 week ago | Report Abuse

ATK LKT connection is strong but problem is drag by management team KPI
especially U.S management and malaysia management here too relax must replace
only can go new height

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1 week ago | Report Abuse

i think last boom RWLV also will end and lead by powerful team
i m super confidence with the JIM MURREN see how they play next few quater

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1 week ago | Report Abuse

maybe too relax most of problem come from management team
No matter OKR or KPI totally failure for genting malaysia management side

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1 week ago | Report Abuse

this 3 vvip i got check got very strong reputation and background can help RWLV kpi
the next need to change is genting malaysia management gross profit below peer