Eddy Khoo's comment on GENTING. All Comments

Eddy Khoo
3 Like · Reply
no doubt the 75% holding has already been achieved. now just left for the formal announcement and SC application for another take over offer.
cheng
Land-based casino licenses made it to the final stage and next focus will be online gaming. Prohibition could help pave the way for iGaming in New York. 3 land-based casino within 30 mins drive and the risk of losing revenue to online gaming if it is approved in 2026 - https://www.playny.com/new-york-governor-signs-sweepstakes-ban-into-law/
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Eddy Khoo
unsure on US market but in Malaysia and Singapore, there have always been lot of illegal online casino operating. they are already part of the competition whether the existing license operators like it or not.
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cheng
Not so much on illegal online gaming but more to the ban is a precursor to path the way for legal online gaming.
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Admiral Adama
who need online casino while u can bet on crypto 24/7 with high leverage? Not enough adrenaline rush for u? try 0dte option...
2 Like · 23 hours · translate
cheng
not sure about crypto but online gaming will definitely be a big risk to rwnyc gung-ho revenue estimates in the supplemental documentation. RWNYC will have to figure out how to back tracked on its gung-ho tax rate.
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