• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

GEN HK extends electronic games deal for cruise casinos

Jan 03, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck  


GEN HK extends electronic games deal for cruise casinos

Casino ship operator and gaming investor Genting Hong Kong Ltd says it has renewed an agreement with a connected company to buy electronic equipment and devices for electronic games for the cruise lines operated by the group.

Genting Hong Kong – a subsidiary of Malaysian conglomerate Genting Bhd – is buying the equipment from FreeStyle Gaming Pte Ltd. FreeStyle Gaming is a subsidiary of Singapore-based Resorts World Inc Pte Ltd, a company controlled in equal proportion by Genting Bhd and by the group’s chairman Lim Kok Thay.

The agreement has an aggregate cap of US$7.0 million, and is valid from January 1, 2019 to December 31, 2021, Genting Hong Kong said in a filing last week.

The agreement states an annual cap of US$1.0 million for 2019. The annual caps for 2020 and 2021 were each set at US$3.0 million, respectively.

The company said the annual caps were set taking into consideration the projection of the volume of purchases for the financial years 2019 to 2021; and “a reasonable buffer to cater for any unexpected increase in the amount of purchases which may arise due to future potential increase in the number of cruises and passengers”.

In recent years, Genting Hong Kong has accelerated its expansion plans for its cruise business and has developed a three-brand cruise portfolio with focus on different market segments: Crystal Cruises for what it terms the ultra-luxury segment; Dream Cruises for what it describes as the premium segment; and Star Cruises for what it defines as the contemporary segment.

Genting Hong Kong said the renewed deal with FreeStyle Gaming is in line with the company’s strategy of diversifying the offering of entertainment and facilities onboard its cruise ships “by installing various electronic games”. The firm said the deal would help it “reduce manpower”, “broaden the target age range” of its customers and “maintain the competitiveness” of the cruise lines it operates.


  • tweet
Related articles
  • MSW sportsbook back and bigger at Resorts World Manila
    MSW sportsbook back and bigger at...

    Jun 23, 2022  

  • Casino bosses from Malaysia see wealth fall on Forbes
    Casino bosses from Malaysia see wealth...

    Jun 10, 2022  

More news
  • Universal hopes Okada Manila biz listed before Sept 30
    Universal hopes Okada Manila biz listed...

    Jun 30, 2022  

  • 5-casino Thai market ok says National Assembly committee
    5-casino Thai market ok says National...

    Jun 30, 2022  


Latest News

Universal hopes Okada Manila biz listed before Sept 30

Universal hopes Okada Manila biz listed before Sept 30

Jun 30, 2022  

Universal Entertainment Corp said in a Wednesday statement it hoped to get the Okada Manila casino operation listed in the United States even before a new September 30 deadline agreed with 26 Capital...
Read More
5-casino Thai market ok says National Assembly committee

5-casino Thai market ok says National Assembly committee

Jun 30, 2022  

2nd tower at Sheraton to be used for Macau Covid fight

2nd tower at Sheraton to be used for Macau Covid fight

Jun 30, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"During our six years in office, we were able to record more than PHP300 billion [in revenue]"

Andrea Domingo

Chairman of the Philippines’ gaming regulator Pagcor



Most Popular

  • Macau casino Covid tests from Fri, ops pay for staff testsMacau casino Covid tests from Fri, ops pay for staff tests June 28, 2022
  • China quarantine easing good signal for Macau: analystsChina quarantine easing good signal for Macau: analysts June 29, 2022
  • LVS full recovery may take until 2024: Moody’sLVS full recovery may take until 2024: Moody’s June 29, 2022
  • SJM to make 2nd of pledged staff subsidy payments for 2022SJM to make 2nd of pledged staff subsidy payments for 2022 June 27, 2022
  • Only 2 Macau satellites closed as concessions extendedOnly 2 Macau satellites closed as concessions extended June 29, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us