Inside Asian Gaming

IAG MAY 2020年5月 亞博匯 30 COVER STORY Stephen Karoul, “They have always been creative and demonstrated that capability with the expansion of Genting Highlands and the development of Star Cruises and eventual expansion abroad by financing the start of [tribal casino] Foxwoods and other opportunities.” Genting’s expansionary impulses led to Resorts World New York City, an electronic gaming property that’s the only casino within the largest US city, operated through the group’s Genting Malaysia arm that also runs Resorts World Catskills 90 miles (145 kilometers) to the north. “Among operators from East Asia, that presence makes Genting particularly suited to operate in Las Vegas,” Strategic Market Advisors Managing Director Matthew Landry says. “The licensing and operating experience will be helpful, as will the customer base that could help support the Las Vegas operations. Genting has cultivated an Asian customer base in New York which will find the Las Vegas property compelling. The effective tax rate is substantially lower in Las Vegas, so they may be able to offer more incentives to players that they can’t serve nearly as well in New York.” RWLV promises to be the first new Strip IR to open