Inside Asian Gaming

IAG DEC 2021年12月 亞博匯 18 GENTING MALAYSIA’S slots-only New York casino, Resorts World New York City, is well placed to win a full casino license should state officials move in that direction next year, according to Maybank IB Research analyst Samuel Yin Shao Yang. The New York State Gaming Commission last month launched a Request for Information (RFI) solicitation in order to seek out thoughts from interested parties on the appropriate size and scope of development, the value of gaming licenses for such facilities and the process that should be used in award consideration should it proceed with a Request for Proposal (RFP). Although there is no guarantee that will happen, Yin believes Genting Malaysia holds a natural advantage if it does, because its casino is already operational, albeit without gaming tables. “We opine that Genting Malaysia’s RWNYC is in a good position to win one,” he wrote in a Monday note. “If the New York State Gaming Commission proceeds to launch an RFP, we opine that RWNYC will have an edge, as it can deploy table games and generate additional tax revenue for New York State quickly as opposed to a greenfield casino.” Yin estimates a fully licensed RWNYC would contribute annual net profit of around US$145 million to Genting Malaysia and increase the target price of its shares by MYR0.53, from MYR3.40 to MYR3.93. “A downstate commercial casino will be the ‘ultimate prize’ for RWNYC, as it will be allowed to deploy table games and be located in or near New York City,” he said. “What excites us is the prospect of converting GENM’s RWNYC into a downstate commercial casino. RWNYC currently offers only slot machines and lacks table games.” GENTING MALAYSIA WELL PLACED TO WIN FULL NEW YORK CASINO LICENSE 雲頂馬來西亞 有望獲完整紐約賭牌 Maybank IB Research 分析師Samuel Yin Shao Yang表示，若 當局做法不變，雲頂馬來西亞僅提供角子機娛樂的位於紐約、娛 樂場Resorts World New York City（RWNYC ）將有望獲得完 整賭牌。 紐約州博彩委員會上個月發起了一項信息請求(RFI)徵集活 動，徵求各方認意見，有關對適度規模和開發範圍、此類設施的 賭牌價值、及如果該公司獲得完整的紐約賭牌應採取的流程。 雖然未必一定會發生，但Yin認為雲頂馬來西亞擁有天然優 勢，因為儘管其沒有賭枱，但其賭場已經投入運營。 他在周一的一份報告中寫道：「我們認為，雲頂馬來西亞 的RWNYC在贏得賭牌方面頗具優勢。」 「如果紐約州博彩委員會繼續發起RFP（提案請求），我們 認為RWNYC將具有優勢，因為其可以快速部署賭枱遊戲並為紐 約州產生額外的稅收，而不是新建賭場。 」 Yin估計，獲得完整牌照的RWNYC將為雲頂馬來西亞貢獻 約1.45億美元的年度淨利潤，並將其股票目標價提升0.53令吉， 從3.40令吉增長至3.93令吉。 「對於 RWNYC 來說，一個位於該州的商業賭場將是『終 極獎品』，因為其將被允許部署賭枱遊戲，及位於紐約市內或 附近。」他表示，「讓我們興奮的是，將雲頂的RWNYC轉變為 該州商業賭場的前景。RWNYC目前只提供角子機，並無賭枱遊 戲。」