Tag: Genting Singapore

The operator of Resorts World Sentosa acknowledged that international visitor arrivals to Singapore “will be unlikely to return in the near term”.

Following a tough 2020, Genting’s chairman and CEO Lim Kok Thay highlighted the opening of Genting SkyWorlds in Malaysia later this year, together with the firm’s investment in an expansion to its Singapore property Resorts World Sentosa. Nevertheless he warned that the company will continue to face “significant challenges” in 2021.

Following the much anticipated passing of the Integrated Resorts Implementation Bill by the Japanese Upper House on 20 July, Genting Singapore is predicted to be recipient of the country’s first casino licence. With only three initial permits predicted to be awarded in 2020, analysts have suggested that the cash reserves and responsible policies of the leisure and casino operator make...

The race to secure one of only two IR licences to operate in the long-coveted Japanese casino market is heating up. With Sands, MGM Melco and Genting all professing to do whatever it takes, there will be some sore losers.   The largest casino operators on the planet are piling in with their claims on Japan’s fertile casino market - with...