• 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
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Rainmaker Group to work with Resorts World Genting

Jun 19, 2015 Newsdesk Industry Talk, Latest News, Rest of Asia  


Rainmaker Group to work with Resorts World Genting

The Rainmaker Group, a specialist in what it calls “profit optimisation solutions” for hotels, casino hotels and general resorts, is to work with Genting Malaysia Bhd at its Resorts World Genting gaming resort (pictured) in that country.

Rainmaker has been asked to introduce its GuestREV product to operations at the resort, which has six hotels, including one of 7,000 rooms.

GuestREV uses mathematical and data analysis of the demand for and costs of a hospitality business, to produce what The Rainmaker Group says are the most accurate forecasts and optimal pricing for that business.

“Our goal is to continue improving our financial results through a more effective method of pricing and managing all of our guest services as part of the guest experience,” said Paul Baker, deputy chief operating officer at Resorts World Genting, in a statement issued by The Rainmaker Group, part of The Rainmaker Group Ventures LLC.

“We are delighted to be able to work with Resorts World Genting as it moves to a profit optimisation strategy based on total guest value,” said Tammy Farley, president of The Rainmaker Group.

Genting Malaysia, which also has casino operations in the United States, the Bahamas and the United Kingdom, reported a modest 1.06 percent year-on-year rise in its unaudited profit attributable to shareholders for the three months to March 31.

The firm is spending MYR5 billion (US$1.57 billion) on what it calls its ‘Genting Integrated Tourism Plan’, a 10-year programme announced in December 2013 and involving the expansion and overhaul of its facilities at Genting Highlands. The mountain resort, approximately one hour by road from the Malaysian capital Kuala Lumpur, was originally developed by Genting Group and opened in 1965.

The Rainmaker Group, which has offices in Atlanta, Georgia, Las Vegas, Nevada, and Singapore, has listed among its clients Wynn Las Vegas, Caesars Entertainment Corp, MGM Resorts International and Mohegan Sun.


  • tweet
Related articles
  • Malaysia Covid outlook negative to Genting Bhd: Moody’s
    Malaysia Covid outlook negative to...

    Jan 15, 2021  

  • RWG cuts capacity, offerings amid Malaysia partial lockdown
    RWG cuts capacity, offerings amid...

    Jan 13, 2021  

More news
  • Casino op MGM China to pay most staff discretionary bonus
    Casino op MGM China to pay most staff...

    Jan 18, 2021  

  • Casino op Silver Heritage to issue 53mln new shares
    Casino op Silver Heritage to issue...

    Jan 18, 2021  


Latest News

Casino op MGM China to pay most staff discretionary bonus

Casino op MGM China to pay most staff discretionary bonus

Jan 18, 2021  

Macau casino operator MGM China Holdings Ltd announced on Monday that it was to pay a “discretionary bonus” to “eligible non-management” staff, adding that “over 90 percent” of its...
Read More
Casino op Silver Heritage to issue 53mln new shares

Casino op Silver Heritage to issue 53mln new shares

Jan 18, 2021  

Grand Korea extends Seoul, Busan casino closures to Feb 1

Grand Korea extends Seoul, Busan casino closures to Feb 1

Jan 18, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

"The most worrying [thing] is whether [mainland] China will again tighten the issuance of travel visas [for visits to Macau]"

Luiz Lam Kai Kuong

Macau junket investor



Most Popular

  • CNY 2021 unlikely to boost Macau casinos, say observersCNY 2021 unlikely to boost Macau casinos, say observers January 15, 2021
  • Police find US$11m of missed Landing cash, suspects soughtPolice find US$11m of missed Landing cash, suspects sought January 14, 2021
  • Still Asia focus for LVS post chairman death: BernsteinStill Asia focus for LVS post chairman death: Bernstein January 14, 2021
  • Quality fake chips sold online found at Macau casinoQuality fake chips sold online found at Macau casino January 13, 2021
  • Melco Resorts debt/EBITDA ratio to worsen in 2021: Moody’sMelco Resorts debt/EBITDA ratio to worsen in 2021: Moody’s January 14, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us