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Maybank IB analyst Samuel Yin Shao Yang talks Genting’s Macau maneuver

Newsdesk by Newsdesk
Thu 22 Sep 2022 at 06:33
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Malaysian gaming giant Genting Malaysia pulled quite the surprise last week when it joined Macau’s six current concessionaires in bidding for a new 10-year Macau casino concession.

With a maximum of six concessions to be granted, the presence of Genting means there are now seven parties in the running – so someone is going to go home disappointed.

But will that someone be Genting? Inside Asian Gaming speaks with Samuel Yin Shao Yang, Associate Director at Maybank Investment Bank, about Genting’s chances of winning a Macau concession, its likely reasons for bidding and what benefits the company might bring over and above Macau’s traditional “Big Six”.

TIMESTAMP TOPIC
0:00 Introduction
2:12 Can Genting win a Macau concession?
5:01 Why is Genting bidding?
8:23 Could Genting cooperate with a current concessionaire?
10:00 Where would Genting operate in Macau?
14:34 Why Genting Malaysia?
18:00 A look at Genting Malaysia’s financials
19:51 Is Genting’s Macau move a risk?
21:07 Will shareholders push back?
22:45 What would Genting Malaysia’s Macau IR look like?

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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