Maybank Investment Bank Research has maintained its “buy” rating on Genting Malaysia Bhd (GenM) at RM2.68 with a lower target price of RM2.96 (from RM2.97) and said it understood that the tender results for a downstate casino licence that will potentially allow Resorts World New York City to deploy table games and add more than 53 sen per share will likely be delayed to the first quarter of 2024 (1Q2024) from 4Q2023.