Analysts "remain positive" on Resorts World Miami

09/20/2011 | Borneo Post

Break-even status won't come as quickly for Genting Malaysia should it build a massive $3 billion Resorts World Miami without obtaining state approval for a gaming license, but the project will still be profitable, analysts say. "We remain positive on the venture even if it is without casino element given it is a prime waterfront land in Florida," said a research report from Kenanga Investment Bank.

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