? *GENM (BUY; TP: RM2.08)* _a quick take by Shao Yang_

Another piece of good news for GENM.

They and MGM are now the only 2 casino giants bidding for this after Sands pulled put too. Bidding starts next month.

We have a BUY call and MYR2.08 TP on GENM.

https://www.cnbc.com/2025/05/19/wynn-resorts-drops-nyc-casino-license-bid.html