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The current existing building of resort world new york houses6000 slot machines. when it was build the casino floor space was build extra big from the beginning .thats why in the proposal to the new york gaming commission , the speed to market was emphasised ie rwnyc can generate extra revenue asap. they just move 2000 machines away so bal 4000 slot machines and move in 400 table games and increase workforce to 5000…. by june 2026 the mgt of rwnyc say they will be ready to generate revenue kau kau…..so from july 2026 to june 2027…..they even pledge kah to new york state pay usd 1 billion gaming tax …?
funding no problem lah if u ebitda usd800 million per year. the build up is in stages not sekaligus lah….
list genting america….mamerica….marketbil-7b ? low ball…then genting malaysia owns 100% kan. wht funding problem
at usd 800million and a ev/ebitda multiple of 12….means resort world new york city ent value is usd 9.6 billion or RM 42 billion. ent value genting malaysia now also say 12 multiple la only RM 36 billion ! what !!!
