• 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

RWG cuts capacity, offerings amid Malaysia partial lockdown

Jan 13, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  


RWG cuts capacity, offerings amid Malaysia partial lockdown

Malaysian casino complex Resorts World Genting (RWG) at Genting Highlands near the nation’s capital Kuala Lumpur, said in a notice that it would reduce its capacity and temporarily suspend some attractions, following a fresh movement control order imposed by the Malaysian government to parts of the country, to contain Covid-19.

The order, announced on Monday by Malaysia’s prime minister, Muhyiddin Yassin, covers five states – Penang, Selangor, Melaka, Johor and Sabah – and the federal territories of Kuala Lumpur, Putrajaya and Labuan. It runs from Wednesday (January 13) until January 26.

Interstate travel is banned across the country, while journeys between districts are not allowed within those states placed under a movement control order.

“With this announcement, we anticipate a decline in the number of visitors to Resorts World Genting,” stated the property (pictured in a file photo) in the notice, published on its website on Tuesday.

“Hence, we will be operating at a lower capacity and some of our offerings may not be available from January 13,” it said.

Resorts World Genting added that “some” of its “hotels, facilities, attractions and other offerings will be subjected to revised operating hours, limited availability or temporary closure”.

The property advised consumers to visit Resorts World Genting’s official website for further information.

Resorts World Genting is owned and operated by Genting Malaysia Bhd. It is the only legal casino property in Malaysia.

The country is currently facing a new spike in Covid-19 cases. According to the Ministry of Health, Malaysia recorded 3,309 new Covid-19 cases during the 24-hour period ended noon Tuesday, a new daily record for infections in the nation. The new cases brought the national tally of infections to 141,533. A total of 559 people had died in Malaysia from Covid-19.

A previous movement control order last year had required Resorts World Genting to shut operations for about three months, from March to June 2020.

Maybank Investment Bank Bhd wrote in a note on Tuesday that the latest movement control order could last for “three months at least” in Selangor and Kuala Lumpur, “key markets” for Resorts World Genting. The forecast was based on previous practice by the Malaysian authorities in similar situations and taking into account the high number of new Covid-19 cases being recorded in the country.

“This may cause Resorts World Genting to forego the Chinese New Year peak season [in February] and raise doubts if Genting Skyworlds will open in the second half of 2021,” said Maybank analyst Samuel Yin Shao Yang.

Outdoor theme park Genting Skyworlds is to feature cinematic themes linked to the 20th Century Fox movie brand, according to previous reports.

Maybank’s Tuesday note mentioned that it was not the first time Resorts World Genting was facing inter-state travel disruption due to measures to curb the spread of the pandemic.

“Resorts World Genting daily visitor arrivals fell from the recent peak of approximately 50,000 to around 15,000 after most states in Peninsular Malaysia went into conditional movement control order that barred inter-state travel on November 9,” noted Mr Yip.

In light of the latest developments, Maybank said would cut its full-year 2021 estimate for visitor arrivals to the property to 15 million from a prior forecast of 18 million.

Resorts World Genting said last week several workers from the property’s staff canteens tested positive for Covid-19 in early January. It did not disclose the number of employees that had tested positive.


  • tweet
Related articles
  • Grand Korea extends Seoul, Busan casino closures to Feb 1
    Grand Korea extends Seoul, Busan casino...

    Jan 18, 2021  

  • CNY 2021 unlikely to boost Macau casinos, say observers
    CNY 2021 unlikely to boost Macau...

    Jan 15, 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