Reposition the resort as a "Gaming Arena Resort with Casino Gaming License", emphasizing:
Regulated Casino Gaming: Maintain traditional offerings for core customers.
Skill-Based Gaming & Competitions: Attract younger demographics and families.
Community-Centric Events: Build inclusivity and positive brand perception.
"We evolve from traditional Casino Resorts into Gaming Arena Resorts—where regulated gaming coexists with skill-based entertainment, esports, and community-driven events."

https://www.youtube.com/watch?v=x9VAsM1BMUw poker Participant Fee minimum RM7000 😁 so many people go also
we can see how big is this skill based gaming competition & tournament market

Management just need to offer attractive price pool with competition host regularly
sure many player come to challenge 😁 better than waste money in advertising
Throw a brick to attract jade
simple theory 😀 Free marketing

New york 20million +++ population nearby
Genting highland 10million population near by

proof of trend :
Sentosa International Chess Competiton
Over 7,000 fans attended World Chess Championship at RWS over 14 days
https://www.youtube.com/watch?v=LYU52GTYm_Y

RWG POKER DREAM : Full of crowd participiant
https://www.youtube.com/shorts/N7RK1vVLt-I

management really need work hard balancing earnings growth and capital expenditure (CAPEX) efficiency to ensure a solid return on investment (ROI). Effective management of CAPEX involves careful prioritization of projects, cost control, and ensuring that investments deliver meaningful returns over time. Depreciate to EBITDA is quite high nearly 50%
although depreciate is non cash item but management cannot ignore it this is measuring your team KPI on earning and project manage is very weak . most of project is BIG CAPEX low return 🙄 many asset not fully optimize like i said management didnt working hard explore additional income like advertising , capture new market like host more Competitions attract players, fans, spectators, and families, maximizing the use of the entire property.

how long can it go lol EV/EBITDA already 3.0
means 3 year earning can buy down whole genting already

Sands dont have huge space to cater those event but RWS Sentosa have
they will not have choice need spend in RWS also because too far from city kiki

100 KOL bring 100 fans at least =10000 fans flood to RW
They free promote RWS 🤣 play game in RWS

It’s a win-win: Resorts World gets free exposure and traffic, while KOLs feel special and honored.

management can Host a KOL (Key Opinion Leader) Red Carpet Event at Resorts World Properties from region to international . can generate massive buzz without the need for big payouts. KOL fans surely will come visit 😂
Invite popular KOLs, influencers, or content creators for an exclusive "award ceremony"
Let KOLs bring some fans (like a "meet-and-greet" for a lucky few).

in casino inside can put F&B advertisiment 😁 like nestle MILO / redbull will / energy drink will advertise - help you gain energy everyday

so the problem still is management side
without KPI or clear roadmap whole company like zombie
without creative and innovative idea like me 😁

without TARGET
Everyday staff also dont know what to do thier target only take salary then sleep like zombie
same like genting malaysia management
whole properties so huge space cant even found B2B advertisiment 😅
waiting hall in first world lobby , cable car waiting place , indoor theme park . haiz give free room liao of course ask them watch advertisiment la

Over 7,000 fans attended World Chess Championship at RWS over 14 days
7000 FANS X 100 SGD spend at RWS X 14 DAYS = 9,800,000 SGD only FANS already contribute 9.8million SGD within 14 days

This market is booming
Less compliance risk , High Gross Margin , FREE MARKETING
Fans and Participants as Marketers: Players and fans naturally share tournaments, events, and competitions on social media platforms. Positive Brand Perception Skill-based events focus on entertainment and community, reducing the stigma often associated with gambling.

integrates a state-of-the-art ARENA catering to all types of gamers that transforms the property into a destination for all types of players, combining skill-based games, tournaments, and competitive events. The ARENA becomes a hub of entertainment, competition, and community, attracting diverse audiences.

eSports: Host tournaments for popular games like Fortnite, Call of Duty, and League of Legends, with streaming partnerships for global reach.
Skill-Based Table Games: Include poker championships and other competitive table games.
Strategic Games: Cater to intellectual players with events for chess, backgammon, and mahjong,

by adopting host competition and tournament regulary earn participiant fee
"Skill-based gaming doesn’t just compete with online casinos—it delivers a richer, more engaging experience that keeps players coming back to our properties."

High ROI and Future Growth

Increased Foot Traffic: Skill-based tournaments bring in players, spectators, and families.
Higher Spend Per Visitor: Tournaments and events drive revenue across gaming, hotel stays, F&B, and entertainment.
Reputation Enhancement: Position the property as an innovative, entertainment-driven destination appealing to a younger demographic.

From the recently poker dream by RWG to Genting Singapore International Chess Competition we can see the trend

Sentosa International Chess Competiton
Over 7,000 fans attended World Chess Championship at RWS over 14 days
https://www.youtube.com/watch?v=LYU52GTYm_Y

RWG POKER DREAM : Full of crowd participiant
https://www.youtube.com/shorts/N7RK1vVLt-I

management locking self in room so long time never explore new market trend yet .
got good location nice property good business also no use
driver too weak no direction like B40 drive ferrari dont know where to go 🤣

good idea prudent 3 sen means is 116m market cap😁

NOW EV/EBITDA 2.0 KEEP DROP THEN EV/EBITDA become 1.0 😁

especially chinese brand they throw budget in advertising very kaw kaw one
🤣

a lot F&B company want advertising like NESTLE , F&N , COCA-COLA , HUAWEI , XIAO MEI , BYD ,PROPERTY DEVELOPER and more they like to spend budget for avertising

Koosan if you look for taurx you should check for market price other same drug treatment they selling is 20k usd per year 😁

😁 optimize every area no need big capex but can generate huge profit
genting management a bit weak to explore additional income
see pavillion , sunway , klcc when you walk in to mall there have a lot LED display advertising serve B2B

a lot of potential and demand there management havent wakup they still stuck in own world most important is target regular traffic to RW properties .
like annual pass is great move put genting as priority holiday trip destination .
if nearby genting highland 10million population
if got 1.5million people subcribe annual pass already can generate
420,000,000 million regularly from here

exclude tourist ticket / vip pass / f&b income / advertising income yet

cable car have huge traffic and long que also explore advertising income
serve B2B like nestle , F&N, farmfresh and more .

zetrix already using for beauty election imagine if country election using zetrix as solution https://www.zetrix.com/zetrix-blockchain-to-include-global-citizens-votes-in-beauty-pageant/

if all asean goverment use zetrix to simplify kastam procedure
express lane then zetrix profit very scary already

1.3billion china population to use zetrix as international ID kaya kaw kaw

RW have huge space venue compare other competitor dont waste
Convert unused or underutilized spaces into competition-friendly zones. These could be gaming lounges, theaters, banquet halls, or outdoor spaces tailored for specific competition needs with a ranking system . RW will be international competition gaming tournament hub venue . 😂 can keep promote people visit properties to watch / challenge . with cross stragegy target luckbased player & skill based player will increase casino luck based gaming revenue at the same time tone down the gambling elements and elevate the image of Resorts World (RW) position RW as a global hub for competitive gaming and all-around entertainment, appealing to a broader audience.

genting singapore doing great job host international chess competition
you can see how much viewer in 1 day
https://www.youtube.com/watch?v=sbPeUgTxRwE there is 1million ++ viewer

Most people resist gambling, but they don’t resist participating in competitions.
we can build Low-Entry Competitions Design low-barrier entry events to encourage newcomers. This makes it easy for casual players to get involved, helping them build interest over time.

By positioning Resorts World (RW) properties as an arena for regular traffic, particularly through skill-based competitions and entertainment, you can create a dynamic hub that benefits not just the casino, but the entire national economy and industry supply chain, while also attracting more tourists.

GENTING TO BID OTHER COUNTRY CASINO LISENCE sure win

integrating a hybrid model strategy that shifts focus from traditional gambling to competition-based challenges can help casinos attract a broader audience, increase foot traffic, and reduce regulatory risks. Here's how this strategy can drive cross-benefit and maximize the casino's advantage:

Focus messaging on skill, strategy, and competition, not luck.
Highlight rewards like recognition, prizes, and entertainment value.
Promote events as family-friendly or community-driven competitions to broaden appeal.
Capture this kind gaming player .

Revenue Streams
Entry Fees
Sponsorships and Ads
Membership Programs
In-Game Microtransactions
Hybrid Online Integration
Cross-Benefit Foot Traffic
Boost hotel stays, dining, retail, and entertainment revenue.

i have check around new york population is 20million population
how we grab 100 USD FROM THEME ? TO GENERATE 2BILLION USD sales per year
😁 Youtube choose advertising main income source because of free watching traffic
COSTCO choose membership subscription main income source because they selling super lowest price let you dont have other option .

This is why i keep urge management focus on non gaming offer + capture new gaming market

Tradisional Market most if target luck based player
High gaming tax + AMLA Compliance + ESG problem + Offline / online Competitor will suffer in growth . This tradisional gaming casino should let it become auto pilot mode .

They should start put more focus on capture skill based market player
by earning club membership subcription / earn entry fee from player
who want to join skill-based tournaments or competitions.

New Revenue Stream: Skill-based games attract players willing to pay for experiences and competition, not just chance-based wins.

Appeal to Younger Players: Millennials and Gen Z prefer interactive and engaging gaming that tests their skills.

ESG-Friendly: Skill-based games promote fair play and reduce the negative perception of traditional gambling.

Competitive Edge: Differentiates from pure-luck online gambling platforms and positions the casino as innovative.


Do anyone know pop-mart ? actually its gambling, particularly because its business model revolves around blind boxes—a retail trend where customers purchase a box without knowing its exact contents.

Customers buy blind boxes hoping to get rare, limited-edition figurines, creating a lottery-like excitement.

Rare, limited-edition figurines = prize pool

Prize pool enough attractive then your player will be more

outdoor theme park also should launch night park ticket also and limit some game only
in weekend and holiday cater all night life player . tourism and entertainment biz should be more innovative create more different experience .

my word to management is
do not always limit yourself dont let branding limit yourself be flexible
Breaking free from limitations .

i remember when kids every holiday sure put genting as priority destination
because got theme park annual pass parent go casino try luck kids go theme park play wholeday everyone very happy and enjoy .

sunway smart la make theme park crowd 1st then upsell vip pass
a lot rich kids cannot tahan que go buy VIP pass
sunway earn double time 🤣 diu

so i always said is management problem

not business problem ( because entertainment is essential )
now people have more time and more stress and more money than before .

not company problem ( most of property is at well location ) got a lot land and asset
as we know even invest in property also the main factor is LOCATION LOCATION


😁 conclusion is management problem
you see they know collect parking fee know collect toll fee
but why dont know explore advertising income no need CAPEX pun
always look for those project need CAPEX to generate $$$
the world business model is change like youtube facebook let you use free
thier main source income is from advertising
like costo wholesale market they offer you almost cost to cost price
thier main source income is from member subcription

i see is good start for RWG they now keep promotiong annual pass
but still not enough should set KPI target subcribers
with 1.5million subcriber come regulary to genting whole genting business sure boom 😁 F&B there sure booming
VIP pass sure many many sales

Outdoor theme park still have more room to growth
selangor population 6.538 million
kl population 2.076 million
pahang population 1,642,700

nearby genting highland almost 10million population

we set small KPI annual pass got 1.5million local subcribe should not be very hard to archieve

1.5million people x RM280 annual pass = 420,000,000 million


GET FROM AGM MINUTE
Revenue of Genting SkyWorlds Outdoor Theme Park and Skytopolis Indoor Theme Park
was RM137.0 million and RM85.0 million respectively.
• Adjusted EBITDA of Genting SkyWorlds Outdoor Theme Park and Skytropolis Indoor
Theme Park was RM9.3 million and RM35.0 million respectively

kiki if i m marketing director genting will go new height .
management only collect parking fee , toll fee
but dont know explore advertising fee i always go see the big screen LED infront of casino very dissapointed so waste didnt explore advertising income serve b2b like Nestle / F&N / property developer so many property developer around highland now they surely will put budget in ads . How to use annual pass boost theme park vip ticket sales when crowd those rich kia sure want skip que and show off infront people buy VIP ticket

just hope annual pass can target 5% of malaysia population enough
RM280 X 1.5MILLION = RM420 million in pocket havent include VIP PASS ( earn double time ) , Advertising Income , F&B , CABLE CAR

GENTING HIGHLAND many new property development project it
will help increase more population defintely will benefit to genting gaming & non gaming revenue if nearby project and facility all doing well

If can Transform Resorts World into a global destination for gaming tournaments, blending eSports, casual gaming, and casino tournaments under one roof. By hosting all kind gaming competition events, Resorts World can attract gamers, fans, and tourists while enhancing brand visibility and boosting revenue streams.

can attract how many player is depend on prize pool
i think prize pool for RW is sap sap sui throw 1million price pool can attract all global player come join . compare to superstar concert
gaming tournament ip almost can create almost same effect + high margin

Traditional casinos rely heavily on luck-based games (e.g., slots, roulette), but modern players, especially younger generations (Millennials, Gen Z), prefer:

Skill-Based Games: Games where player decisions and abilities impact the outcome.
Competition and Social Engagement: Winning against others and showcasing skills.

Potential Examples of Skill-Based Experiences:
Poker Variants: Already skill-oriented but can evolve with tournaments
Interactive Table Games: Blackjack tournaments or hybrid table games involving strategy.
eSports-Inspired Competitions: Skill-based video games hosted in casino-branded arenas.


By combining skill-based innovation, competitive events, and a strong gaming ecosystem, Genting can differentiate itself and capture the growing skill-based gaming market in the U.S.
A lot casino operator they didnt realise this is new market to capture this also will help develop talent in community .

Potential Revenue Model :
1)Entry Fees: Generate revenue through tournament entry fees for high-value competitions.
2)Sponsorship & Partnerships : Attract brands to sponsor tournaments, offering extra prize pools and promotion.
3)Advertising Revenue : Advertisers pay for exposure to targeted player demographics.
4)Venue & Event Monetization: Tickets, VIP packages, hotel stays .
5)Betting on Skill-Based Tournament Winners : Spectators can place bets on who wins, similar to sports betting .
6) Premium Access for Fans

compare to just tradisional casino focus on luck based player it will be more excited to explore

i already point out many thing management can done . if they really want chiong
many thing can do .RW catskill golf course can grab 45million golf player
RWLV and RWNYC can aim more wellness spa / f&b / skill based player
RW Bimini beautiful beach can do cross reward stragegy / force selling
stay 2 night free redeem 1 night RW bimini 🤣

for genting problem is management side its depend on management whether want deliver good result or not . Thai casino lisence is going open bid

so i said RW must use non gaming offer to bring up traffic
if only casino they will very hard growth . now left Singapore Genting havent launch annual pass to singapore local

genting malaysia also launch thier non gaming promotion now
more and more traffic will flood to RWgenting this is a good move . RW will see very strong growth next quater result released

Anyway I still happy with thier expansion in U.S direction is right but potential haven’t fully unleash they can do more

most important is profit and empire resorts deliver the true accounting profit instead of positive ebitda to show LKT is right

honestly said genting have great location & in good industry ( entertainment is essential )
but thier management just need change and stragegy
a lot oppurnity and potential there as i mention the new york tradisional casino gross gaming revenue only 4billion
compare to
like spa wellness industry , golf course industry , f&b industry is very low in U.S
just make it auto pilot become a part of IR no need so focus
and focus on non gaming offer when your non gaming doing well it will only help your gaming business because casino everywhere even online also can so the luck based player will decreasing .

the next booming growth is target Skill-Based Players . New generation casino concept
create prize pool attract more Participants join and earn Participants fee .

$1 million prize pool to attract 10,000 participants with $500 participation fee
it will be 5million - 1million cost = 4million GROSS MARGIN is already 80%
tax also lower & no AMLA compliance risk .

it will bring more additional revenue from participants friend & family
upsell oppurnity like stay, f&b , casino luck based player .

this is online casino & tradisional cant compete one most of online casino is target luck based player .

the casino next growth will be targeting Skill-Based Players instead of Luck Based Player
Skill-Based Players consider is a part gaming but not glambling so dont need pay higher gaming tax .

Put 1million prize attract more player come join earn from participation fee
New generation appreciates challenges and the ability to influence results through their own abilities.

thier stragegy need change put more focus on non gaming offer increase margin
for tradisional casino just let auto pilot you cant promote agressively ask people glambling due to ESG even your casino win you need pay higher gaming tax & do charity to build image and more competitor coming including online one will drag the growth pressing down the tradisional casino gross profit like now RW facing .

new york land based casino total all gross gaming revenue only 4billion USD

not cost problem is earning effiency problem
they losing direction in U.S
full of potential is there but they didnt really go dig
pay cut doesnt help share price only the result or IPO listing in U.S
LKT need proof he is right taking over empire resorts with GENM fund