Genting casino leicester

Malaysian conglomerate

Company type	Public
Traded as	MYX:
ISIN	MYLOO
Industry	leisure & hospitality, mass media
Founded	; 59&#;years ago&#;()[1]
Founder	Lim Goh Tong,[1][2]Mohamed Noah Omar
Headquarters	14th Floor, Wisma Genting, Kuala Lumpur, Malaysia[3]
Area served	Worldwide[4]
Key people	Tan Sri Lim Kok Thay, Chairman & Chief Executive Officer[2][1]
Products	Hotel, casino and entertainment
Brands	Resorts World,[5] Genting,[6]Genting Club,[6]Crockfords[6] and Maxims[4]
Services	Tourism, resorts, cruises, gambling, plantations and Genting Energy Limited
Revenue	RM Billion (Fiscal Year Ended 31 December )[7]
Operating income	–RM Billion (Fiscal Year Ended 31 December )[7]
Net income	–RM Billion (Fiscal Year Ended 31 December )[7]
Total assets	RM Billion (Fiscal Year Ended 31 December )[7]
Total equity	RM Billion (Fiscal Year Ended 31 December )[7]
Number of employees	47, globally[8]
Subsidiaries	Genting Malaysia Berhad Genting Plantations Berhad Genting Singapore PLC Genting Energy Limited Resorts World Las Vegas LLC Genting Hong Kong Newport World Resorts
Website	thisisnl.nl

The Genting Group is headquartered in Wisma Genting in Kuala Lumpur, Malaysia.^[9] The Group comprises the holding company Genting Berhad (MYX: ), its listed subsidiaries Genting Malaysia Berhad (MYX: ), Genting Plantations Berhad (MYX: ), Genting Singapore Plc (SGX: G13 ), as well as its wholly owned subsidiary Genting Energy Limited.^[10][11]

Founded in by the late Malaysian entrepreneur Tan Sri Lim Goh Tong,^[12][13] the Genting Group is headed by Tan Sri Lim Kok Thay, the chairman and Chief Executive, who joined the Group in ^[14]

The group has developed, operated and marketed casinos and integrated resorts in different parts of the world, including the Americas, Australia, Malaysia, the Philippines, Singapore and the United Kingdom.^[10][11][15] The Group's pioneer integrated resort is Resorts World Genting, formerly known as Genting Highlands Resort. The main attractions of the resort are its casino, theme park, concert shows, food & beverage and retail shopping.^[12][11]

From its initial leisure and hospitality activities, the Genting Group has expanded and diversified into other activities including plantations, properties, power generation, oil and gas, e-commerce, information technology and biotechnology.^[12][11][15]

The Group and its affiliates employ about 47, people^[16] worldwide and have over 4, hectares (11, acres) of prime resort land and , hectares (, acres) of land for plantation.^[17]

Group structure[edit]

Genting Berhad is principally an investment holding and management company.^[18] The company is headquartered in Malaysia.^[19] It is listed on the main board of Bursa Malaysia, with a market capitalisation of RM18 billion (about USD billion) as at 31 December ^[20]

• Genting Singapore PLC (%^[21] owned by Genting Berhad) – investment holding company. It is listed on Singapore Stock Exchange. Market capitalisation was USD billion as of 31 December ^[22]
• Genting Malaysia Berhad (^[21]% owned by Genting Berhad) – It is involved in leisure and hospitality, gambling and entertainment which includes its casino businesses in Malaysia, in the Americas and the United Kingdom. Genting Malaysia owns and operates major properties including Resorts World Genting in Malaysia, Resorts World Casino New York City in the US, over 40 casinos including Resorts World Birmingham in the UK and Resorts World Bimini in the Bahamas. It is listed on the main board of Bursa Malaysia with a market capitalisation of about RM16 billion (USD4 billion) as at 31 December ^[23]
• Genting Plantations Berhad (%^[21] owned by Genting Berhad) – is involved in plantations, biotechnology and property, which includes its property arm, Genting Property. Genting Plantations owns , hectares^[24] of land in Malaysia and Indonesia. It is listed on the Main Market of Bursa Malaysia with about RM billion (USD billion) market capitalisation as of 31 December ^[25]
• Kien Huat Realty – the real estate development and investment entity created by Genting founder Lim Goh Tong owns about 43 percent of Genting Berhad.^[26]

Diversification and expansion[edit]

In December , Genting Group won the bid in obtaining one of two Singapore casino licences to build an integrated resort, named Resorts World Sentosa, under Genting Singapore.^[27] The project requirements include hotel, gambling, leisure facilities, convention space and retail.

In , Genting Plantations ventured into biotechnology to develop synthetic genomic processes and naturally occurring processes for alternative energy resources through an equally owned joint venture with "Synthetic Genomics".^[28]

In July , Genting Group disposed of its paper and packaging business.^[28]

In August , Genting Hong Kong opened Resorts World Manila in partnership with Alliance Global Group. It is one of four groups that won approval in to build hotels and casinos as part of Philippines' US$20 billion Pagcor City development on Manila Bay.^[29] In June , Genting Group supported the capital raising exercise of MGM Mirage.^[30]

In August , Genting Property began construction on an upscale retail destination, Johor Premium Outlets in partnership with Indianapolis, Indiana-based Simon Property Group, as part of a wider 7,acre (2,&#;ha) integrated township project in the southern state of Johor.^[31]

In September , Genting New York won a bid to build a racino at Aqueduct Racetrack in New York City, the first step of a planned expansion in the United States.^[28] Among the attributes of the plan was providing a diversion for passengers on extended stays at John F. Kennedy International Airport.^[32] Resorts World New York opened in October ^[33]

In May , Genting Malaysia purchased 14 acres (&#;ha) of Biscayne Bay front land surrounding the headquarters of The Miami Herald for US$ million; The McClatchy Company announced that the Herald and El Nuevo Herald would be moving to another location by ^[34] The land is to be used for a mixed-use development, Resorts World Miami, that would include hotels, restaurants, residences, retail shops and a convention centre. Genting Group sees the Miami land acquisition as an integral step in its pursuit of expanding internationally in the leisure, hospitality and entertainment industry.^[35]

In June , Genting UK was awarded a casino licence for a 55, sq-metre mixed-use facility in Birmingham.^[36] The development is in partnership with the NEC Group.

In March , Genting bought the site of Echelon Place,^[37] an unfinished casino resort on the Las Vegas Strip and announced plans for Resorts World Las Vegas.^[38]

In May , Genting Hong Kong purchased % ownership of Crystal Cruises and plans for expansion into river cruising, private jet charters using Boeing aircraft and the new build of three , GT mega cruise ships was announced for the brand. Genting also announced the construction of a , GT ultra-luxury and giant cruise ship. In October , Genting Hong Kong was entirely sold to the Lim Kok Thay's family-owned unit trust Golden Hope Limited as part of a family business restructuring exercise, separating it from Genting Group but retaining it under ownership of Lim Kok Thay's family.^[39]

In , Genting announced the building of Resorts World Miami. This project will cost about US$3 billion. This project has the world's biggest swimming pool.

In , Genting announced they would lend their name to a new resort, Resorts World Catskills. The casino was originally to be named Montreign Resort Casino.^[40]

In January , Genting announced plans to build a new casino resort in Andorra. The resort is expected to cost EUR€ million and will host many different musical and cultural events.^[41]

Resort and casino properties[edit]

Malaysia[edit]

• Resorts World Genting, Genting Highlands, Pahang, Malaysia
• Resorts World Awana (Formerly Awana Genting Highlands Golf & Country Resort), Genting Highlands, Pahang, Malaysia
• Resorts World Kijal, Terengganu, Malaysia
• Resorts World Langkawi, Kedah, Malaysia

United Kingdom[edit]

As of December&#;,^[update] Genting Malaysia owns the largest number of casinos in the UK, with ^[42]

Genting owns the Park Lane Mews Hotel in Mayfair, London.

Singapore[edit]

Philippines[edit]

US and the Caribbean[edit]

China[edit]

Online Casino[edit]

Investments in the United States[edit]

Previous properties[edit]

Notes[edit]

External links[edit]