No increase in total gaming area: Genting Highlands

Genting Malaysia’s RM10 billion ($2.4 billion) expansion of its highlands resort will not include any increase of its net casino area, said chairman and chief executive Tan Sri Lim Kok Thay.

“We would start to ‘soft open’ part of it at the end of this year, and progressively roll everything out next year. There will be a new gaming venue but no expansion,” said the chairman, quoted by local media.

While total area for gaming will not increase, this doesn’t mean there will be no additional facilities, said Lim.

“We will see. If you can fit more tables into the same space, why not?”

The company is forecast to open its Sky Avenue & Sky Plaza shopping malls, and a new cable car station progressively by end 2016. However, its much touted Twentieth Century Fox World theme park has been delayed to late 2017.

Phase 2 will see the construction of more luxury hotels as well as a show arena seating up to 10,000.

More news from this jurisdiction

MalaysiaFriday, Dec 08, 2017

Malaysian company MQ Technology Bhd is seeking shareholder approval to diversify into gaming related businesses, according to a recent filing to Bursa Malaysia.

MalaysiaMonday, Dec 04, 2017

Casino supplier RGB International saw its 17Q3 revenue drop 35.2 percent, while profit remained flat year-on-year.

MalaysiaSunday, Nov 26, 2017

Spintec has completed the installation of their electronic gaming equipment to the newly refurbished Genting Highlands in Malaysia.

MalaysiaFriday, Nov 24, 2017

Genting Malaysia posted a 65.2 percent drop in net profit for the three months ended September 30, 2017, due mainly to lower earnings from Resorts World Genting.

MalaysiaTuesday, Nov 07, 2017

Thirty one suspected gamblers have been arrested following a week-long operation which ended Sunday.

MalaysiaMonday, Oct 23, 2017

Over 230 recreational clubs and family entertainment centres have been shut down by police in Sarawak after they were found to be functioning as gambling dens.

MalaysiaMonday, Oct 09, 2017

Malaysian police are looking into a video recording that shows seven policemen from the Muar district in Johor apparently fraternizing with a known gambling den boss at a karaoke lounge.