Maybank currently expects Genting Malaysia to post earnings before interest, taxation, depreciation, and amortisation amounting to MYR3.55 billion (US$769 million) in full-year 2025.
That is according to a memo issued on Sunday by Maybank IBG Research.Īnalyst Samuel Yin Shao Yang stated that, if both projects were to move ahead, the long term – i.e., full-2025 – earnings estimates for Genting Malaysia “could be lifted by 74 percent”.
The recent resumption by authorities in the state of New York, in the United States, of a process to grant three downstate commercial casino licences, and new developments regarding a potential casino under the Mashpee Wampanoag tribe, in Massachusetts, also in the U.S., are positive news for international casino operator Genting Malaysia Bhd. Newsdesk Latest News, Rest of Asia, Top of the deck, World