The Genting group previously attempted and failed to obtain a local license when the local gaming market opened up, with casino operator Genting Singapore Plc having dissolved Genting Star (Macau) Ltd in 2006, an indirect wholly-owned subsidiary incorporated in Macau that was to be involved in local gaming operations. Genting Singapore has a significant chance to win a license for the operation of an integrated resort with a casino floor in Japan, a report by research firm Maybank Kim Eng says. Japan has just completed its two-phase casino gambling legalization process to lay the foundations for the creation of.

Genting Singapore PLC is a Singapore-based regional leisure, hospitality and integrated resorts development specialist listed on the main board of the Singapore Exchange Securities Trading Limited. The principal activities of the company’s subsidiaries include developing and operating large scale integrated resorts, investments, casino operations,^[1][2] provision of information technology application related services as well as marketing support services to leisure and hospitality related businesses and investments.

Genting Singapore Casino License Application

Overview[edit]

Genting Singapore Casino License Renewal

Over the last 20 years, Genting Singapore PLC has been involved in gaming and integrated resort development in Australia, the Americas, Malaysia, the Philippines and the United Kingdom. They also own Resorts World Sentosa, a S$6.6 billion integrated resort development in Singapore’sSentosa island.

Genting Singapore PLC won the bid to develop one of two integrated resorts with casinos in Singapore in December 2006.^[3][4] It became the first operator of an integrated resort in Singapore when Resorts World Sentosa opened in January 2010.

After January 2010, Resorts World Sentosa opened four hotels, a casino, Universal Studios Singapore, celebrity chef restaurants, a resident theater show called Voyage de la Vie, free public attractions, and the Maritime Experential Museum and Aquarium.^[5] Resorts World Sentosa has 1,500 hotel rooms and tourist attractions such as Universal Studios Singapore and the Marine Life Park. In the third quarter of 2012, the revenues of the Genting Singapore fell almost 20% from a year earlier.^[6]

A company of the Genting Group, Genting Singapore PLC was named Asiamoney’s Best Managed Companies 2010 (Large-Cap Corporate of the Year in Singapore).^[7] It continues to assess strategic acquisitions, investments and collaborations.

After integrated resorts in Japan were legalized in 2018, in February 2020 Genting Singapore withdrew a bid for an integrated in Osaka, after bidding against MGM Resorts and Galaxy Entertainment.^[8]

References[edit]

1. ^'Resorts World Sentosa'.
2. ^Tong, Sebastian (2006-12-08). 'Genting wins bid for Singapore island casino'. Reuters.
3. ^'Sentosa: A gift for Singapore this Christmas'. Archived from the original on 2012-04-26.
4. ^'Hotels in Resorts World Sentosa to open from Jan 20'.
5. ^'Genting opens Singapore hotels ahead of casino, theme park'. The Independent. London. 2010-01-21.
6. ^'Singapore casino revenues slow down'. Investvine.com. 2013-01-19. Retrieved 2013-01-19.
7. ^'AsiaMoney Best Managed Company Singapore'.
8. ^casino.org

External links[edit]

Genting Singapore PLC is a Singapore-based regional leisure, hospitality and integrated resorts development specialist listed on the main board of the Singapore Exchange Securities Trading Limited. The principal activities of the company’s subsidiaries include developing and operating large scale integrated resorts, investments, casino operations,^[1][2] provision of information technology application related services as well as marketing support services to leisure and hospitality related businesses and investments.

Overview[edit]

Over the last 20 years, Genting Singapore PLC has been involved in gaming and integrated resort development in Australia, the Americas, Malaysia, the Philippines and the United Kingdom. They also own Resorts World Sentosa, a S$6.6 billion integrated resort development in Singapore’sSentosa island.

Genting Singapore PLC won the bid to develop one of two integrated resorts with casinos in Singapore in December 2006.^[3][4] It became the first operator of an integrated resort in Singapore when Resorts World Sentosa opened in January 2010.

After January 2010, Resorts World Sentosa opened four hotels, a casino, Universal Studios Singapore, celebrity chef restaurants, a resident theater show called Voyage de la Vie, free public attractions, and the Maritime Experential Museum and Aquarium.^[5] Resorts World Sentosa has 1,500 hotel rooms and tourist attractions such as Universal Studios Singapore and the Marine Life Park. In the third quarter of 2012, the revenues of the Genting Singapore fell almost 20% from a year earlier.^[6]

A company of the Genting Group, Genting Singapore PLC was named Asiamoney’s Best Managed Companies 2010 (Large-Cap Corporate of the Year in Singapore).^[7] It continues to assess strategic acquisitions, investments and collaborations.

After integrated resorts in Japan were legalized in 2018, in February 2020 Genting Singapore withdrew a bid for an integrated in Osaka, after bidding against MGM Resorts and Galaxy Entertainment.^[8]

References[edit]

1. ^'Resorts World Sentosa'.
2. ^Tong, Sebastian (2006-12-08). 'Genting wins bid for Singapore island casino'. Reuters.
3. ^'Sentosa: A gift for Singapore this Christmas'. Archived from the original on 2012-04-26.
4. ^'Hotels in Resorts World Sentosa to open from Jan 20'.
5. ^'Genting opens Singapore hotels ahead of casino, theme park'. The Independent. London. 2010-01-21.
6. ^'Singapore casino revenues slow down'. Investvine.com. 2013-01-19. Retrieved 2013-01-19.
7. ^'AsiaMoney Best Managed Company Singapore'.
8. ^casino.org

External links[edit]