• 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

No net gain in gaming area at Genting Highlands: firm

Oct 25, 2016 Newsdesk Latest News, Rest of Asia, Top of the deck  


No net gain in gaming area at Genting Highlands: firm

There will be no net increase in gaming space at Resorts World Genting under the Genting Integrated Tourism Plan, according to a statement from the venue’s operator Genting Malaysia Bhd.

The plan – abbreviated to GITP – is described by the company as a 10-year, MYR10-billion (US$2.4-billion) master plan launched in December 2013 to redevelop Resorts World Genting, which is the only legal casino venue in Malaysia. The property is also known as Genting Highlands.

Under the plan, “there will be a new gaming venue,” confirmed Kay Prakash, vice president – corporate relations and communications at Genting Malaysia, in a statement sent to the New Straits Times newspaper.

But the statement clarified: “The new gaming venue will involve new gaming and food and beverage space. But there will be no net increase of gaming space under the Phase 1 of [the] GITP development as some of the current gaming space will be closed.”

On Monday the newspaper had reported Genting’s group chairman Lim Kok Thay as saying that under the improvement plan the total amount of gaming space would not increase, but that the company might be able to put more tables into the space it would have available.

In December 2014, Malaysian investment bank CIMB had stated Genting Malaysia might be able to add as many as 250 gaming tables – to complement the 600 the bank said the firm was then operating at the venue – as a result of the revamp of the gaming facilities under the master plan.

Other improvements under the plan include the 20th Century Fox World Malaysia theme park – which has an approximately MYR2-billion budget, and is likely to open by the end of 2017, according to August commmentary from investment analysts, citing guidance from company management – and a new shopping mall.

Monday’s report in the New Straits Times said the Resorts World Genting expansion would create 7,000 new jobs at the venue.


  • tweet
Related articles
  • RGB posts 3Q profit, revenue reaches US$37mln
    RGB posts 3Q profit, revenue reaches...

    Nov 30, 2023  

  • Malaysia to allow visa-free entry to Chinese citizens
    Malaysia to allow visa-free entry to...

    Nov 27, 2023  

More news
  • Philippine 2023 GGR likely 5pct up on 2019: consultancy
    Philippine 2023 GGR likely 5pct up on...

    Nov 30, 2023  

  • Macau op premium play reinvestment 17pct of GGR: CLSA
    Macau op premium play reinvestment...

    Nov 30, 2023  


Latest News

Philippine 2023 GGR likely 5pct up on 2019: consultancy

Philippine 2023 GGR likely 5pct up on 2019: consultancy

Nov 30, 2023  

Philippine gross gaming revenue (GGR) could be “US$5.0 billion to US$5.2 billion” for full-year 2023, says industry consultancy GCG Gaming Advisory Services Pty Ltd. Anything toward the top of...
Read More
Macau op premium play reinvestment 17pct of GGR: CLSA

Macau op premium play reinvestment 17pct of GGR: CLSA

Nov 30, 2023  

‘Treasure Island’ enriches Pragmatic Play Live Casino offer

‘Treasure Island’ enriches Pragmatic Play Live Casino...

Nov 30, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The hotel towers, convention hall, and arena are the cornerstones in Phase 1. The resort is mainly aimed at Koreans first”

Chen Si

President of the Mohegan Inspire Entertainment Resort in South Korea



Most Popular

  • Miriam Adelson selling US$2bln LVS stock to buy sports teamMiriam Adelson selling US$2bln LVS stock to buy sports team November 29, 2023
  • Inspire Arena leads Mohegan debut in Asia gaming resort bizInspire Arena leads Mohegan debut in Asia gaming resort biz November 30, 2023
  • Bruno Mars to perform at MGM Cotai in Jan: MGM ChinaBruno Mars to perform at MGM Cotai in Jan: MGM China November 28, 2023
  • Nomura caution on China economy, China tourism in AsiaNomura caution on China economy, China tourism in Asia November 28, 2023
  • Hokkaido pref assembly LDP members push for IR reviewHokkaido pref assembly LDP members push for IR review November 29, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us