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Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

RWLV tipped for stronger second half as Las Vegas tourism gains: HongLeong

July 7, 2022 World Casino & HotelIndustry Updates

Genting BhD’s Resorts World Las Vegas has seen improving momentum, which should continue in 2H22 due to rising tourism and MICE events in the city, writes HongLeong Investment Bank.
The resort, which opened last year, had a slow first quarter due to an ongoing mask mandate and rising Omicron cases. However, March saw a strong recovery and that continued into April and May with visitor volumes to Las Vegas close to pre-pandemic levels at 95.5 percent and 93.4 percent respectively.

“RWLV, which has an Asian-inspired design and features several Asian-themed attractions such as a Southeast Asian themed outdoor pool, Singapore-based night club Zouk, Asian restaurants Fuhu and Genting Palace, would likely be able to attract and benefit from the return of Asian visitors,” analyst Tan Kai Shuen wrote.

Source: https://agbrief.com/news/malaysia/06/07/2022/rwlv-tipped-for-stronger-second-half-as-las-vegas-tourism-gains-hongleong/
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