Thambisetty is a current FDA Adcom panel member while David Knopman resigned as FDA Adcom panel member in protest due to FDA's Aduhelm accelerated approval fiasco.
Demographics of M needs 1 casino only. 2 casinos overlap compete another same c License is extremely difficult to obtain. Rules & regulations are very restrictive. Costs very high to set up casino resort. ROI may take too long. Opportunity costs are too high. Set up abroad offers more ROI potential Earn higher returns, rev, profit, foreign exch
Better opportunities abroad. Set up casinos in US, Thai, EU, China.
Its ok geh if 2nd casino in Penang operated by Genting Rich penangites as well as Thai tourists can all flock to Penang while Highlands cater more towards leisure+casino mixed
DestinyL, cannot lah. Thai planning open up to 5 casinos alrdy ! If half approved, got 2 - 3 new casinos alrdy 2 - 3 new casinos, M visit T instead, lol Pnites/M'sians go T for leisure+ casino !
China currently bracing for the first wave of Omicron. Lots of infection in many areas/cities, but most numbers are not officially reported. May take at least 3 months for the wave to subside. Currently Chinese are not allowed to travel freely, except for specific purposes (e.g. business, education, visiting relatives). Have to wait for policy to loosen up, maybe next year?
PETALING JAYA: Genting Malaysia Bhd (GenM) has a few positive things going on that will make financial year 2023 (FY23) exciting for the gaming and resort operator.
They include the reopening of the remaining hotel room inventory in Resorts World Genting (RWG) in Genting Highlands, SkyWorld ride capacity increase and extended operating hours as well as a seasonally stronger Chinese New Year period.
In addition, there will also be favourable developments in the United States, with the opening of Resorts World Hudson Valley (RWHV) this month and Super Bowl in February 2023, which augured well for its subsidiary Empire Resorts Inc’s mobile sports betting.
Resorts World Hudson Valley Grand Opening Set for December 28. About Resorts World Hudson Valley Resorts World Hudson Valley (RWHV) is the area's newest entertainment attraction! With 1,200 slots and electronic table games and the always-happening Resorts World Bet Sports Bar, this premier destination makes for a great day or night out with family and friends. Conveniently located one hour north of New York City, Resorts World Hudson Valley is the day trip that's never far away. RWHV is operated by the Genting Group, a global company founded in 1965, operating destination resorts in Las Vegas, Bimini, Malaysia, Singapore, the Philippines, and the United Kingdom. Genting has more than 50 years of experience in the travel and leisure industry and collectively employs approximately 60,000 people while offering an unparalleled resort experience to over 50 million visitors a year worldwide.
indeed ... buy if you can hold long term ..china covid is just temp setback ... 2023 should end positive for Genting and 2024 will bring Genting to its glory ....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AngTayKor
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Posted by AngTayKor > 2022-12-10 16:42 | Report Abuse
Thambisetty is a current FDA Adcom panel member while David Knopman resigned as FDA Adcom panel member in protest due to FDA's Aduhelm accelerated approval fiasco.