Tag: Genting
Genting CEO: Outlook for global tourism and hospitality industry “remains highly uncertain”
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.
Genting Cromwell Mint to rebrand as Forty Five Kensington
Genting Casino Cromwell Mint will rebrand to Forty Five Kensington following multi-million-pound refurbishment.
Genting Casino Cromwell Mint will undergo a multi-million pound refurbishment which will see the club rebrand as Forty Five Kensington. The new cosmopolitan venue will combine world class gaming and a first class dining experience in the heart of South Kensington.
The property, located at 45 Cromwell Road,...
Genting Casino Luton unveils £750,000 refurbishment
Genting Casino Luton has unveiled its £750,000 refurbishment. The upgrade has seen improvements made to the venues gaming room and poker room, and bar facilities.
The Genting Casino Luton underwent the refurbishment in order to improve its live gaming offering and enhance customer experience. As part of the renovation, the wall that previously separated the two gaming rooms has been...
Genting Singapore predicted to lead newly legalised Japanese market
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...
Genting sets course for loss reduction with cruise investment
Genting Hong Kong Ltd has announced it expects to reduce H118 net loss to between $150m and $170m, down 17 percent from a $205m figure for the same period last year.
The entertainment and casino firm, a subsidiary of Malaysian group Genting Berhad, posted net loss of $502.3 in 2016, but has since reduced the deficit through investment in cruise...
Resorts World Vegas: On track for 2020, defying international climate
The much-delayed Resorts World Las Vegas looks set to open-doors within two-years, despite an ongoing US- China trade war which may well target its primary market.
Resorts World Las Vegas is still on track for a 2020 opening, claim Malaysian Genting developers the Genting Group - despite concerns that deteriorating relations between the United States and China could cause even...
Genting Singapore flagged as leader for new Japanese market
Following the much anticipated passing of the Integrated Resorts Implementation Bill by the Japanese Upper House on 20 July, competition to become the first licensed operator in the country has begun. With only three initial licenses predicted…
Football legend Kevin Keegan teams up with Genting in charity work
Steven Chrich was presented with a self-propelled wheelchair, courtesy of Genting Casinos UK and CHIPS - the charity founded on behalf of the casino and gaming industry that raises money to provide specialised wheelchairs for young people with disabilities.
17-year-old who suffers Friedreich Ataxia has been presented with his very own self-propelled wheelchair by England football legend Kevin Keegan, courtesy...
Winner of Andorra casino announced
Andorran firm Jocs SA has secured the licence for the microstate’s first casino, with the new venue scheduled to open its doors by the end of 2020.
Andorra-based Jocs SA has emerged as the winner of the tender to build and operate the principality's first casino, which will be situated in the capital, Andorra la Vella.
Launched in 1994, Jocs SA,...
Genting Malaysia contributes heavily to group growth
The Genting Group has reported its first quarter revenue hit $1.3bn, a 10.1 percent rise on the same period last year.
The increase comes despite net profit declining 9.8 percent, after one-off asset sales in Q117 added $97m to the figure for the period.
In a statement to the Bursa stock exchange, the group added that the strong performance of subsidiary...
Spintec installs multi-game amphitheatre solution in Genting Malaysia
Spintec celebrates their success after completing the installation of their Electronic Gaming Equipment to the newly refurbished Genting Highlands in Malaysia.
Spintec’s Electronic roulettes are debuting at Sky casino, configured as a multi-game amphitheatre solution with 50 stand-alone terminals including two games, automated and live roulette.
Spintec’s electronic roulette has become one of the most popular electronic roulettes in Macau. As...
Miami commission signs off on bay site lease for Genting marina project
Resorts World Miami, a subsidiary of casino operator Genting Malaysia, will finally be able to move forward with its plan to build a marina after the city of Miami agreed to lease a tract of submerged land necessary for the project.
Genting’s marina, which could handle 50- to 175-ft vessels, was part of the company’s original plan to build a...
Genting UK Casinos launches Nationwide SlotGuru promotion
Genting Casinos has partnered with SlotGuru, a player education app for slots.
For the next three months, Genting Casinos will actively promote the app directly throughout their slot machine estate as they help better educate their players and help enhance their Responsible Gambling initiatives.
“We’ve recently deployed SlotGuru in a number of our sites and have seen the benefit it brings...
Interblock installs North America’s largest EGT footprint at Genting New York
Interblock has announced that Resorts World Casino New York City offers North America’s largest electronic table gaming (EGT) footprint within one casino.
The gaming and entertainment destination features more than 1000 ETG units, of which 896 are recurring revenue Interblock units, showcasing a variety of configurations and formats from Organic Video units to large-scale Diamond Stadium configurations.
Most recently, Interblock...
Genting dreaming big with new high-end luxury liner
Genting Cruise Lines has announced the official river conveyance of its ocean liner, World Dream, the newest ship for the Dream Cruises fleet.
The 151,000 ton liner - the sister vessel of Genting Dream which launched last November - will add significant competition to Asia’s casino market.
The 18-storey vessel was released from the shipyard in Germany in late August, from...
Genting to sell Kensington casino Maxims
Malaysia's Genting International has confirmed that it is selling its London-based property, Maxims Casino Club, for at least £40m, amid media speculation that the property's location might have caused the casino to lose business.
Maxims' Kensington location sets its apart from the majority of London's high-end casinos, which are based largely in the heart of Mayfair.
Several media reports have suggested...
Genting selects Konami’s SYNKROS casino management system for Resorts World Bimini
Konami Gaming, Inc. has announced the selection of its SYNKROS casino management system by Genting Americas as the core gaming management system at the company’s Resorts World Bimini property located on North Bimini, Bahamas.
Konami’s SYNKROS® was awarded through a formal RFP selection. Resorts World Bimini’s first class gaming floor will feature a comprehensive suite of leading systems technology spanning...
Genting UK partners with Evolution Gaming to debut Roulette Live
Genting UK has partnered with live casino operator Evolution Gaming to launch Roulette Live, in a bid to bring together land-based and online gaming.
Roulette Live allows users to play roulette via their desktop or mobile, linked directly to the roulette table at Genting International Casino, located inside Resorts World Birmingham.
Andrew Bentley, the company's interactive operations director, said: “We are proud to be...
Hard Rock reveals details about Catalonia IR project
Hard Rock International’s new Catalonia IR project, Hard Rock Entertainment World, will reportedly include as many slot machines as Europe’s four biggest gambling venues combined.
The E2bn integrated resort will be located in Vila-seca in Catalonia’s Tarragona province, around 70 miles along the coast from Barcelona, designated as the site for the Center for Recreation and Tourism (Centre Recreatiu Turístic...
Genting approved for Miami hotel but casino still in legal limbo
Malaysian casino giant Genting has successfully struck a deal with county commissioners at Miami-Dade to build a hotel on a small plot of land near the site of its long-proposed Resorts World Miami Downtown casino resort project.
The firm has obtained a 90- year lease on an adjacent oneacre plot of public land, which will house a 300 room hotel...
Pachinko king talks up Philippines casino prospects
The Filipino casino sector out shone expectations in 2016, and could be poised to do so again next year. But whether Duterte’s courting of the Chinese can overcome any fallout from anti-gaming politics at home and abroad remains to be seen.
After a disappointing year in 2015, the Philippines casino sector has come back with a vengeance in the past...
Crockfords comes to Cairo: Genting is opening new gaming venue in Egyptian capital
Genting, one of the UK’s leading casino operators, is opening a new gaming venue in the Egyptian capital.
Crockfords Cairo is being promoted as a luxury destination, deliberately connoting the exclusive Mayfair casino, Crockfords, in central London. The development is the first venture for Genting in the region and will be operated by Genting Casinos Egypt Limited, a subsidiary of...
Birmingham’s Star City to close in the shadow of Genting Resorts World
Thirteen years after the launch of what was once heralded as the future of British casinos, Genting Club Star City, is expected to close in January.
The closure has put more than 200 jobs at risk, although Genting UK is said to be consulting with staff about moving between 50 and 60 support roles from Liverpool to Birmingham.
“We are considering...
Alon project to go ahead despite Packer share sale
The head of the Alon Las Vegas resort has denied reports that the multi billion-dollar project is on hold.
Following news that James Packer’s privately held investment vehicle, Consolidated Press Holdings, would sell 35 million shares of Crown Resorts – about 4.8 per cent of the company – the head of the Alon resort has denied reports that the project...
Genting proposes expansion at NYC property
Genting New York, the New York-based subsidiary of Malaysia’s Genting Group, has stated its intention to expand facilities at its Resorts World Casino New York property, which is positioned within the Aqueduct Racetrack complex.
The company has outlined plans to add another 750,000 square feet in floor space at the site – spending a total of $400m (E363m) on additional gaming...
Genting Malaysia: Earnings down on forex losses
Casino operator Genting Malaysia recorded a year-on- year earnings decline of 60 per cent in the first quarter of 2016.
Leisure and hospitality giant Genting Malaysia saw earnings in the first quarter of 2016 drop by 60 per cent, as foreign exchange losses cut into the group’s bottom line.
In the three months ended March 31, revenues for Genting Malaysia, which...
