Genting Group: Realising The American Dream
RWLV’s grand opening this summer marks the Genting Group’s realisation of its dream of staking a claim on the gaming world’s iconic Las Vegas Strip, and further establishes it as a global player. The group could be mulling more unfolding opportunities in the US. However, recouping investments in RWLV will be slow given the highly competitive landscape in Las Vegas. Our OVERWEIGHT call for the Malaysian gaming sector mostly reflects our optimism on the Malaysian operations.