Jan 31, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck  
Genting SkyWorlds, the new MYR3.3-billion (US$789-million) outdoor theme park at Malaysian casino complex Resorts World Genting, is to have a “soft opening” on February 8, with tickets on sale from February 4, according to a notice on the resort’s website.
The 26-acre (10.5-hectare) theme park (pictured), which is slated eventually to have 26 separate attractions, is likely to be “loss-generating due to heavy depreciation”, said a Thursday note from Maybank Investment Bank Bhd.
Nonetheless, Maybank expects the theme park to be accretive to the resort’s overall earnings before interest, taxation, depreciation and amortisation, by attracting more visitors to Resorts World Genting that might otherwise be expected.
Resorts World Genting, Malaysia’s only casino facility, is promoted by Genting Malaysia Bhd.
Apr 16, 2024
Mar 19, 2024
Apr 19, 2024
Apr 19, 2024
Apr 19, 2024
The deployment of a “smart table” product – combining the use of radio frequency identification (RFID) technology and cameras gathering data for analysis via artificial intelligence (AI) –...(Click here for more)
”Once Solaire North is fully ramped up, and both properties are generating a certain expectation that we have on cash flow… then we will probably launch the Paniman [casino] project”
Enrique Razon
Chairman and chief executive of Bloomberry Resorts