zy hor's comment on GENM. All Comments
zy hor
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https://youtu.be/IRYyHe16OZY?si=NxJa_KgVFk2RxYeo
GENM Paradox: Market is ignoring RWNYC expansion 馃幇 @YZFinanceMY

Genting Malaysia (GENM) is facing a massive valuation puzzle. While Resorts World New York City (RWNYC) has officially entered the era of full-scale commercial gaming with live table games, the share price has trended down to RM1.73.

Is the market underestimating the 800-table roadmap, or is the RM13.0 billion net debt load too heavy to ignore?

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Edmund M
US casinos are a death trap
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zy hor
Empire Resort is a death trap because the location is far from city.
the RWNYC is near to city. So far the RWNYC result is satisfactory.
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Edmund M
There's over a hundred casinos in operations in the US
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