Inside Asian Gaming
IAG AUG 2021年8月 亞博匯 39 封面故事 “On the outlook, we are not too sure what it will take for RWLV to reach profitability. The recent streak in Las Vegas GGR is encouraging, of course. That said, one has to wonder just how long it will last.” This profitability challenge raises questions over Genting’s plan – outlined by Chairman Lim himself duringan interviewwith Bloomberg onopeningday – to pursue a US listing. Such a listing would, presumably, bring all of Genting’s American assets (RWLV, the New York casinos and the entities that own a plot of land in Miami) together under the one umbrella. “As the numbers pick up and when investor confidence returns, that is something we will seriously look at in terms of consolidating our US investment and then seeking a listing,” Lim said at the time. “Now that we are open, we are eagerly waiting for the first 30 days’ results which will bring us to the “We never planned to be a themed hotel. The property is a new luxury hotel experience that combines traditional and modern architecture and progressive technology while also paying homage to Genting’s roots with subtle Asian touches throughout.” – Scott Sibella 「我們從未計劃打造一個主題酒店,整個項目是全新的豪華酒店體驗,融合了傳 統及現代的建築及先進的技術,同時巧妙融入了亞洲元素,向雲頂發源地致敬。」 –Scott Sibella 馬來亞銀行的Yin亦預測年度EBITDA約為 2.75億美元, 他表示「儘管尚不太確定EBITDA是否能夠覆蓋折舊及利息支 出等成本。」 「如果我們對其申報文件的解讀是正確的,RWLV實際上 是百分之百的債務融資。想像一下,43億美元的債務有4.5%的 利息——這意味著每年大概需要償還2億美元的利息費用。在 我們看來,盈利的門檻很高。」 「展望未來,我們不太確定RWLV需要到何時才能實現盈 利。當然,近期拉城博彩總收入表現令人鼓舞。但儘管如此,人 們還是想知道這種趨勢會持續多久。」 這一盈利挑戰引發了對雲頂計劃的質疑,該計劃由林國 泰主席本人在開業當天接受彭博社採訪時概述,以尋求在美 國上市。據推測,上市將使雲頂的所有美國資產——RWLV、紐 約賭場和在邁阿密擁有一塊土地的實體——置於同一保護傘 下。 林國泰當時表示:「隨著數據回升,投資者信心恢復,我們 將認真考慮整合在美國的投資,尋求上市。」 「我們現在已經開業了,正熱切期待前30日的結果,不僅
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