Genting Group

    Website: http://www.genting.com/

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia BerhadGenting Plantations BerhadGenting Singapore PLCGenting Hong Kong LimitedThese public companies and their subsidiaries and affiliates are involved in various businesses, including leisure & hospitality, power generation, oil palm plantation, property development, biotechnology and oil & gas. Collectively, they have over 60,000 employees, 4,500 hectares of prime resort land and about 240,000 hectares of plantation land.The leisure & hospitality business operates using various brand names including “Resorts World”, “Maxims”, “Crockfords”, “Genting Club”, “Star Cruises” and “Norwegian Cruise Line”. In addition to Premium Outlets®, Genting companies have tie ups with Universal Studios®, Hard Rock Hotel, Twentieth Century Fox and other renowned international brands.The Genting Group was founded in 1965 by the late Tan Sri (Dr.) Lim Goh Tong with the development of a beautiful highlands resort in Malaysia named Resorts World Genting (formerly known as Genting Highlands Resort). Located at 2,000 metres above sea level and 58 kilometres from Kuala Lumpur, Resorts World Genting is one of the world’s leading integrated entertainment resorts, attracting 18.1 million visitors in 2014 (see History for further details).Under the leadership of Tan Sri Lim Kok Thay, the Genting Group continues to grow from strength to strength. His commitment to excellence, innovation and growth has resulted in the birth of premier global brand names.The Group is committed to continue to grow strongly as a leading Asian multinational corporation.

    Related Articles

    Cost savings may offset tax hikes for Genting: Fitch

    Genting is likely to see a decline of around 8 percent to 9 percent in group earnings before interest, tax, depreciation, amortization and rent/restructuring costs (EBITDAR) as a result of the Malaysian government’s decision to hike taxes in this year’s budget, though potential cost savings may offset the impact on the group’s financial profile, Fitch Ratings says.

    Genting, five others, claim irregularities in Andorra license bid

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Yggdrasil to supply slots to Genting U.K.

    Yggdrasil has reached an accord to provide its full slot game catalogue, including the popular Vikings game, to Genting U.K., a unit of Malaysia’s Genting Group.

    Genting bids for Andorra’s first casino license

    Genting, through its U.K. unit, is one of 13 bidders for the first casino license in the principality of Andorra in the Pyrenees, Spanish media reports.

    SkyCity wants at least $154.3 million for Darwin Casino

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting takes step forward with LV development

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    2022 Winter Games to provide Chinese boost for Genting

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting fails to win Canadian gaming concession bid

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting sells Star stake for $181.9 million

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Problem gambler behind Manila attack, police say

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting Las Vegas to begin construction 17Q3

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting good value entry to ASEAN gaming, CLSA says

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting applies for FAA re-approval for Florida casino

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Fitch assigns A- rating to GOHL debt notes

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Brokers pitch Star Entertainment stake to Genting

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    FCG appoints ex-Genting exec as executive chairman

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Landing International Development appoints Lee Poh Yee as COO

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Morgan Stanley picks Genting Berhad over Genting Malaysia

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Australia close to giving green light to Genting’s Echo stake

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Tiger Resorts forfeits $2.2m guarantee, may lose permit

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting breaks ground on first new Vegas Strip resort in decade

    Genting Berhad, its subsidiaries and affiliates operating under the “Genting” name, is recognised as one of Asia’s leading and best-managed multinationals. There are currently 5 public companies listed in 3 jurisdictions that operate under the “Genting” name with a combined market capitalisation of over RM101 billion (US$24 billion) as at 23 February 2016.Genting BerhadGenting Malaysia […]

    Genting sees strong online growth, says U.K. main focus

    Genting says its U.K. licensed interactive business will remain the focus for its online gambling push, despite a recent headline grabbing tie up with online gaming company bet365 in New York.

    Forest-themed mass floor opens as revamp plan rolls on

    Genting Malaysia continues to roll out new facilities under a MYR10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year. The company's new Sky Casino mass floor is now open and the third and fourth floors catering to VIPs are scheduled to open this quarter.

    Philippine outlook clouded by smoking ban, RWM attack

    The attack on Resorts World Manila, a likely public smoking ban and a proposed casino entry fee are putting pressure on the Philippine gambling industry. It was the best-performing in Asia last year and tipped again for strong growth, but smoking bans have never been known to produce a positive effect on revenue, while the attack hits a country that has long struggled with the perception it is not safe. 

    Tribal ties

    U.S. tribal operators are increasingly tailoring their offerings towards the Asian market to attract both local ethnic communities and the increasingly adventurous Asian millennial, who may be  willing to travel beyond Las Vegas and other traditional destinations. Some of these U.S. operators are also looking back at Asia, counting on their mass-focused tourism offerings to give them an edge in entering the region. Genting and Mohegan Sun are currently the trail blazers, though others may follow if they find success.  

    Resorts World Genting revamp in full swing, seen driving visitation

    Malaysia’s only casino operator, Genting, is now one and a half years into a huge RM5 billion ($1.3 billion) renovation project at its 50-year-old Resorts World Genting property, with construction works proceeding mostly to schedule. A recent AGBrief visit to the casino found the property busy, despite ongoing works, with a 13 percent increase in hotel capacity scheduled to come onstream in July.
    SHARE