Malaysia is currently in talks with Berjaya and Genting Group to potentially open a casino in Forest City, in Johor, known as the nation’s ‘ghost city’.

Tradeview Capital Sdn Bhd CEO Ng Zhu Hann believes Malaysia's tourism market will outperform its ASEAN competitors in 2024. In an interview with AGB, Ng commented that thanks to mutual visa-free entry for Malaysia and China, along with the historically low ringgit, the country’s tourism market is expected to excel this year.

Malaysia's tourism market is highly expected to outperform this year among ASEAN competitors, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.

Visa-free entry for Chinese citizens may have a negligible impact on Malaysia's gaming industry, according to a Maybank analyst.

The largest Hard Rock Hotel in Asia is slated to open in 2027 in Malaysia, at Genting Highlands.

Brokerage CGS-CIMB says Genting Malaysia Bhd's fair value may rise 8 to 14 percent if its New York City casino license bid succeeds.

Although Genting Bhd has a high strategic incentive to support Resorts World Las Vegas (RWLV), the hotel and casino operator was downgraded by Fitch following the rating agency's re-assessment of its linkage with parent Genting Bhd. RWLV's senior secured and unsecured debt also suffered a cut, with Fitch assigning a negative outlook on the issuer.

The head of casino operator Genting Singapore Ltd, Lim Kok Thay, notes that the firm is expecting “continued recovery of travel and tourism”, mentioning that the “recovery pace may be inconsistent due to international flight capacities and unexpected border measures. Further, economic uncertainties and inflationary pressure as well as manpower challenges emerge as areas of concern”.

Analysts at Fitch Ratings are expecting integrated resorts operator Genting Malaysia Bhd to deleverage its net debt relative to EBITDA to a level of 3.2 times compared to 4.2 times currently.

Genting bid for a Macau gaming license could shift the group's focus to debt-funded growth from deleveraging if it gets the gaming concession, argues S&P Global Ratings.