Your Daily Asia Gaming eBrief: High expectations for SkyWorlds debut (Sabong News)
Author
AGBrief Editorial
Date
FEBRUARY 07 2022
Good Morning
. For all the fun of the fair,
will be the place to be on Tuesday, finally holding its soft opening. Analysts say the attraction, which caps an almost decade-long revamp of Resorts World Genting, is likely to be a loss leader, but they’re confident it will drive visitation and boost profits. As a result, most are bullish on the group’s prospects.
DEEP DIVE
Genting Malaysia’s long-awaited and much-anticipated SkyWorlds outdoor theme park will hold its soft opening on Tuesday, with analysts confident
to Resorts World Genting. The company first announced plans for the theme park in 2013 as part of a major overhaul of the Genting Highlands property.The $800 million SkyWorlds park is the crown jewel in the revitalization plan.“We think that the park is well-conceptualised, has a good mix of attractions for all ages, and is likely to be a crowd puller to the highlands resort,” Nomura analysts wrote in a note after the visit.Maybank agreed, saying that it rated the park very highly.
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