Gaming analysis firm RHB Research has released a report predicting that prospects for gaming operators in Malaysia are “increasingly certain.”
The top prospect in the region, the report said, is Genting Bhd, with Magnum Bhd a favorite among the country’s number forecasting operators (NFOs), according to Asia Gaming Brief.
“Foreign investors may also find Genting’s regional and U.S. exposure an attractive alternative to the Macau gaming sector,” RHB said.
RHB cited a strong fourth-quarter recovery for Resorts World Genting, and predicted stronger numbers going forward. Genting reported net profit of RM124 million ($29.5 million) compared with a loss of RM285.1 million in the same quarter a year earlier.
