Thailand’s plan to legalize casinos has been highly anticipated, with Genting Group being touted as a potential winner in the race to operate in the country. However, while all eyes are on Thailand, another potential major player in the casino industry, New York, seems to be moving at a slower pace.
Genting, a Malaysian conglomerate known for its successful casino resorts around the world, has been eyeing the Thai market for years. With its experience and financial resources, Genting is seen as a frontrunner in the competition for a casino license in Thailand.
The Thai government’s recent announcement that it is considering legalizing casinos has caused a stir in the industry, with many international operators expressing interest in entering the market. Genting, with its track record of operating successful integrated resorts, is well-positioned to capitalize on this opportunity.
However, while Genting is moving full steam ahead in its efforts to secure a foothold in Thailand, the same cannot be said for New York. The state, which has been considering legalizing casinos for years, has faced numerous hurdles and delays in the process.
New York’s slow progress in legalizing casinos has caused frustration among industry insiders. Many believe that the state has the potential to become a major player in the casino market, but its sluggish pace is hindering its ability to compete with other jurisdictions.
Some experts speculate that New York’s delays could give Genting a significant advantage in the race to establish a presence in Thailand. The longer New York takes to legalize casinos, the more time Genting has to solidify its position in the Thai market.
Despite the slow progress in New York, industry watchers remain optimistic about the potential for growth in both markets. With the global casino industry continuing to expand, operators like Genting are eager to capitalize on new opportunities and establish themselves as key players in emerging markets. The race to win over Thailand and New York is just beginning, and all eyes are on Genting to see if they can emerge victorious in both arenas.
