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LKT must get GenM privatise asap, then list the US operations with rwny+rwlv. After listing, debt can be pared down and Genting will not be bothered by the huge debt and finance cost in the future. Genting report card will score A every single quarter by then.
Hopefully Genting can get GenM privatised soon. Once RWNY ramps up in 2027/28, Genting can list their RWLV+RWNY operations in the states. Pare down the debts and we shall see much better quarterly result and credit rating too.
Cheng, I think it’s a good sign to see growth in non gaming segment too, which provide a base for the business. Any future growth in gaming segment will propel the business forward.
