Genting Group
   HOME

TheInfoList



OR:

The Genting Group is a company headquartered in the Wisma Genting in
Kuala Lumpur , anthem = ''Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , sub ...
, Malaysia. It comprises the holding company Genting Berhad (), its listed subsidiaries Genting Malaysia Berhad (), Genting Plantations Berhad (), Genting Singapore Plc (), as well as its wholly owned subsidiary Genting Energy Limited.Genting Berhad Annual Report 2016, profile page. Founded in 1965 by the late Malaysian entrepreneur Tan Sri Lim Goh Tong, the Genting Group is headed by Tan Sri Dato Seri Lim Kok Thay, the Chairman and Chief Executive, who joined the Group in 1976. Since its founding in 1965, the Group has garnered over 52 years of experience in developing, operating and marketing casinos and integrated resorts in different parts of the world, including the
Americas The Americas, which are sometimes collectively called America, are a landmass comprising the totality of North and South America. The Americas make up most of the land in Earth's Western Hemisphere and comprise the New World. Along with th ...
, Australia,
Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
, the Philippines,
Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...
and
the United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
. ''My Story'' - Lim Goh Tong The Group's pioneer
integrated resort An integrated resort (IR) is a major resort property that includes a hotel with a casino, together with convention facilities, entertainment shows, theme parks, luxury retail and fine dining. The term is largely Singaporean. Earlier IR lic ...
is Resorts World Genting, formerly known as Genting Highlands Resort. The main attractions of the resort are its
casino A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...
,
theme park An amusement park is a park that features various attractions, such as rides and games, as well as other events for entertainment purposes. A theme park is a type of amusement park that bases its structures and attractions around a central ...
, concert shows, food & beverage and retail shopping. From its initial leisure and hospitality activities, the Genting Group has expanded and diversified into other activities including
plantation A plantation is an agricultural estate, generally centered on a plantation house, meant for farming that specializes in cash crops, usually mainly planted with a single crop, with perhaps ancillary areas for vegetables for eating and so on. The ...
s,
properties Property is the ownership of land, resources, improvements or other tangible objects, or intellectual property. Property may also refer to: Mathematics * Property (mathematics) Philosophy and science * Property (philosophy), in philosophy an ...
, power generation,
oil and gas A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and combustion, burned as a fuel. The main fossil fuels are coal, petroleum, oil, and natura ...
,
e-commerce E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain managem ...
,
information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of Data (computing), data . and information. IT forms part of information and communications technology (ICT). An information te ...
and
biotechnology Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used ...
. The Group and its affiliates employ about 62,000 people worldwide and have over 4,500 hectares (11,000 acres) of prime resort land and 238,400 hectares (589,099 acres) of land for plantation. Due to the COVID-19 situation worldwide, Genting has announced an unprecedented worldwide shutdown of all Genting Group's casinos from 4 May 2020 until its reopening on 1 October 2021.


Group structure

Genting Berhad is the parent company and holding company that manages investment in other companies. Headquarters in Malaysia. It is listed on the main board of Bursa Malaysia, with a market capitalisation of US$9.4 billion as at 31 December 2014. In 2017, its market capitalisation increased to US$ 37.87 billion. * Genting Singapore PLC (52.8% owned by Genting Berhad) – investment holding company. It is listed on Singapore Stock Exchange. Market capitalisation is US$9.9 billion as of 31 December 2014. * Genting Malaysia Berhad (49.3% 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 RM26 billion as of 31 December 2016. * Genting Hong Kong Limited, formerly known as Star Cruises Limited, is listed on the Singapore and Hong Kong Stock Exchange. *
Genting Plantations Berhad Genting may refer to: * Genting, Sarawak, an inhabited place near Kelupu and Labas *Genting Group, a Malaysian company *Genting Highlands, a mountain resort in Malaysia ** Genting Grand Hotel **Genting Sempah, the mountain on which the Genting Hig ...
(51.9% owned by Genting Berhad) – is involved in plantations, biotechnology and property, which includes its property arm, Genting Property. Genting Plantations owns 259,700 hectares of land in Malaysia and Indonesia. It is listed on the Main Market of Bursa Malaysia with US$2.2 billion market capitalisation as of 31 December 2014. *
Kien Huat Realty Kien or Kiens may refer to: * Kien, Bern, a village in Bern, Switzerland * Kien, Burkina Faso, a village * ''Kien'' (album), a 2008 album by the Japanese group Bleach * Pine Ridge Airport (ICAO: KIEN), Pine Ridge, South Dakota , US * Kiens, a comu ...
– the real estate development and investment entity created by Genting founder
Lim Goh Tong Lim Goh Tong (; 28 February 1918 – 23 October 2007) was a prominent wealthy Malaysian Chinese businessman & entrepreneur. He was renowned for his transforming Genting Highlands from an unexplored hilltop into one of the world's most successf ...
owns 39 percent of Genting Berhad.


Diversification and expansion

In December 2006, Genting Group won the bid in obtaining one of two Singapore casino licences to build an
integrated resort An integrated resort (IR) is a major resort property that includes a hotel with a casino, together with convention facilities, entertainment shows, theme parks, luxury retail and fine dining. The term is largely Singaporean. Earlier IR lic ...
, named Resorts World Sentosa, under Genting Singapore. The project requirements include hotel, gambling, leisure facilities, convention space and retail. In 2007, 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". In July 2007, Genting Group disposed of its paper and packaging business. In August 2009, Genting Hong Kong opened
Resorts World Manila Newport World Resorts (formerly Resorts World Manila) is an integrated resort, located in Newport City, opposite Ninoy Aquino International Airport (NAIA) Terminal 3, in Pasay, Metro Manila, Philippines. The resort is owned and operated by Tra ...
in partnership with Alliance Global Group. It is one of four groups that won approval in 2008 to build hotels and casinos as part of Philippines' US$20 billion Pagcor City development on Manila Bay. In June 2009, Genting Group supported the capital raising exercise of
MGM Mirage MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and Pa ...
. In August 2010, Genting Property began construction on an upscale retail destination, Johor Premium Outlets in partnership with Jersey-based
Simon Property Group Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in India ...
, as part of a wider integrated township project in the southern state of
Johor Johor (; ), also spelled as Johore, is a state of Malaysia in the south of the Malay Peninsula. Johor has land borders with the Malaysian states of Pahang to the north and Malacca and Negeri Sembilan to the northwest. Johor shares maritime ...
. In September 2010, Genting New York won a bid to build a
racino A racino is a combined race track and casino. In some cases, the gambling is limited to slot machines, but many locations are beginning to include Casino game#Table games, table games such as blackjack, poker, and roulette. In 2003, Joe Bob Br ...
at Aqueduct Racetrack in New York City, the first step of a planned expansion in the United States. Among the attributes of the plan was providing a diversion for passengers on extended stays at
John F. Kennedy International Airport John F. Kennedy International Airport (colloquially referred to as JFK Airport, Kennedy Airport, New York-JFK, or simply JFK) is the main international airport serving New York City. The airport is the busiest of the seven airports in the Avia ...
. Resorts World New York opened in October 2011. In May 2011, Genting Malaysia purchased of
Biscayne Bay Biscayne Bay () is a lagoon with characteristics of an estuary located on the Atlantic coast of South Florida. The northern end of the lagoon is surrounded by the densely developed heart of the Miami metropolitan area while the southern end is la ...
front land surrounding the headquarters of ''
The Miami Herald The ''Miami Herald'' is an American daily newspaper owned by the McClatchy Company and headquartered in Doral, Florida, a city in western Miami-Dade County and the Miami metropolitan area, several miles west of Downtown Miami.The McClatchy Company The McClatchy Company, commonly referred to as simply McClatchy, is an American publishing company incorporated under Delaware's General Corporation Law and based in Sacramento, California. It operates 29 daily newspapers in fourteen states an ...
announced that the ''Herald'' and ''
El Nuevo Herald ''El Nuevo Herald'' is a newspaper published daily in Spanish in Southeast Florida, United States. Its headquarters is in Doral. ''El Nuevo Heralds sister paper is the '' Miami Herald'', also produced by the McClatchy Company. About ''el Nuevo ...
'' would be moving to another location by 2013. 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. In June 2011, Genting UK was awarded a casino licence for a 55,000 sq-metre mixed-use facility in
Birmingham Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1. ...
. The development is in partnership with the NEC Group. In March 2013, Genting bought the site of Echelon Place, an unfinished casino resort on the
Las Vegas Strip The Las Vegas Strip is a stretch of Las Vegas Boulevard South in Clark County, Nevada, that is known for its concentration of resort hotels and casinos. The Strip, as it is known, is about long, and is immediately south of the Las Vegas city ...
, and announced plans for Resorts World Las Vegas. In May 2015, Genting Hong Kong purchased 100% ownership of
Crystal Cruises } Crystal Cruises is a cruise line now headquartered in Downers Grove, Illinois, USA. It was founded in 1988 by Japanese shipping company Nippon Yusen Kaisha, and sold to Hong Kong-headquartered conglomerate Genting Hong Kong in 2015. Following i ...
and plans for expansion into river cruising, private jet charters using
Boeing 777 The Boeing 777, commonly referred to as the Triple Seven, is an American long-range wide-body airliner developed and manufactured by Boeing Commercial Airplanes. It is the world's largest twinjet. The 777 was designed to bridge the gap betw ...
aircraft and the new build of three 100,000 GT mega cruise ships was announced for the brand. Genting also announced the construction of a 204,000 GT ultra-luxury and giant cruise ship. In 2016, 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 2017, Genting announced they would lend their name to a new resort, Resorts World Catskills. The casino was originally to be named Montreign Resort Casino. In January 2018, Genting announced plans to build a new casino resort in
Andorra , image_flag = Flag of Andorra.svg , image_coat = Coat of arms of Andorra.svg , symbol_type = Coat of arms , national_motto = la, Virtus Unita Fortior, label=none (Latin)"United virtue is stro ...
. The resort is expected to cost EUR€105 million and will host many different musical and cultural events.


Resort and casino properties


Malaysia

* Resorts World Genting,
Genting Highlands Genting Highlands is a hill station located on the peak of Mount Ulu Kali in the Titiwangsa Mountains, central Peninsular Malaysia, at 1,800 metres elevation. Located in the state of Pahang. It was established in 1965 by the late Chinese busines ...
,
Pahang Pahang (; Jawi: , Pahang Hulu Malay: ''Paha'', Pahang Hilir Malay: ''Pahaeng'', Ulu Tembeling Malay: ''Pahaq)'' officially Pahang Darul Makmur with the Arabic honorific ''Darul Makmur'' (Jawi: , "The Abode of Tranquility") is a sultanate and ...
, Malaysia * Resorts World Awana (Formerly Awana Genting Highlands Golf & Country Resort), Genting Highlands,
Pahang Pahang (; Jawi: , Pahang Hulu Malay: ''Paha'', Pahang Hilir Malay: ''Pahaeng'', Ulu Tembeling Malay: ''Pahaq)'' officially Pahang Darul Makmur with the Arabic honorific ''Darul Makmur'' (Jawi: , "The Abode of Tranquility") is a sultanate and ...
, Malaysia * Resorts World Kijal,
Terengganu Terengganu (; Terengganu Malay: ''Tranung'', Jawi: ), formerly spelled Trengganu or Tringganu, is a sultanate and constitutive state of federal Malaysia. The state is also known by its Arabic honorific, ''Dāru l- Īmān'' ("Abode of Faith" ...
, Malaysia * Resorts World
Langkawi Langkawi, officially known by its sobriquet Langkawi, the Jewel of Kedah ( ms, Langkawi Permata Kedah ), is a duty-free island and an archipelago of 99 islands (plus five small islands visible only at low tide in the Strait of Malacca) loc ...
,
Kedah Kedah (), also known by its honorific Darul Aman and historically as Queda, is a state of Malaysia, located in the northwestern part of Peninsular Malaysia. The state covers a total area of over 9,000 km2, and it consists of the mainland ...
, Malaysia


United Kingdom

As of December 2010, Genting Malaysia owns the largest number of casinos in the UK, with 46: * Resorts World Birmingham * Crockfords Club, London * The Colony Club, London * The Palm Beach Casino, London * Maxims Casino Club, London * Genting Casino, Bolton * Genting Casino, Bournemouth * Genting Casino, Blackpool * Genting Casino, Brighton * Genting Casino, Bristol * Genting Casino, Coventry * Genting Casino Cromwell Mint, London * Genting Casino Edgbaston, Birmingham * Genting Casino, Glasgow, Scotland * Genting Casino, Leicester * Genting Casino, Luton * Genting Casino, Margate * Genting Casino, Newcastle * Genting Casino, Nottingham * Genting Casino, Plymouth * Genting Casino Renshaw Street, Liverpool * Genting Casino, Salford * Genting Casino, Torquay * Genting Casino York Place, Edinburgh, Scotland * Genting Chinatown Casino, Birmingham * Genting Chinatown Casino, London * Genting Casino Fountainpark, Edinburgh, Scotland * Genting Casino, Manchester * Genting Casino Queen Square, Liverpool * Genting Casino, Reading * Genting Casino Riverlights, Derby * Genting Casino, Sheffield * Genting Casino, Southport * Genting Casino, Stoke-on-Trent * Genting Casino Terminus Terrace, Southampton * Genting Casino, Wirral * Genting Electric, Luton * Genting Electric, Portsmouth * Genting Electric Westcliff, Southend * Maxims Casino, Southend Genting owns the
Park Lane Mews Hotel The Park Lane Mews Hotel (formerly the Hilton London Mews Hotel) is a luxury 4-star boutique hotel in London's Mayfair district. History of the Hotel The building, which dates back to 1618, was originally the site of a shepherd's cottage – kn ...
in Mayfair, London.


Singapore

* Resorts World Sentosa **
Universal Studios Singapore Universal Studios Singapore (abbreviation: USS) is a theme park located within the Resorts World Sentosa at Sentosa, Singapore. It features 28 rides, shows, and attractions in seven themed zones. It is one of the six Universal Studios theme ...
(partner with
Universal Studios Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
) *Genting Hotel, Jurong *INEX Innovate Pte Ltd - Medtech Group


Philippines

*
Resorts World Manila Newport World Resorts (formerly Resorts World Manila) is an integrated resort, located in Newport City, opposite Ninoy Aquino International Airport (NAIA) Terminal 3, in Pasay, Metro Manila, Philippines. The resort is owned and operated by Tra ...
(in partnership with
AGI Silver iodide is an inorganic compound with the formula Ag I. The compound is a bright yellow solid, but samples almost always contain impurities of metallic silver that give a gray coloration. The silver contamination arises because AgI is hig ...
) *
Resorts World Bayshore City A resort (North American English) is a self-contained commercial establishment that tries to provide most of a vacationer's wants, such as food, drink, swimming, lodging, sports, entertainment, and shopping, on the premises. The term ''resort' ...
(Under Construction-Part of
Entertainment City Entertainment City, also known as E-City (formerly ''PAGCOR City'' and ''Manila Bay Tourism City''), is a gaming and entertainment complex under development by PAGCOR spanning an area of in Bay City, Metro Manila, Philippines. It was first envi ...
)


USA and the Caribbean

*
Resorts World New York City Aqueduct Racetrack is a Thoroughbred horse racing facility and casino in the South Ozone Park and Jamaica neighborhoods of Queens, New York City, United States. Aqueduct is the only racetrack located within New York City limits. Its r ...
* Resorts World Las Vegas * Resorts World Miami (planned) * Resorts World Bimini * Resorts World Catskills (Owned & managed by
Empire Resorts Empire Resorts is a gaming company that owns and operates Resorts World Catskills and Monticello Raceway in the Catskill Mountains, from New York City. Headquartered in Monticello, New York, Empire Resorts is owned by affiliates of the Genting Gr ...
, an 88.7% subsidiary) * Casino of the First Light, (planned) *
Resort World Hudson Valley A resort (North American English) is a self-contained commercial establishment that tries to provide most of a vacationer's wants, such as food, drink, swimming, lodging, sports, entertainment, and shopping, on the premises. The term ''resort' ...
(planned)


China

*
Genting Resort Secret Garden Genting may refer to: * Genting, Sarawak, an inhabited place near Kelupu and Labas *Genting Group, a Malaysian company *Genting Highlands, a mountain resort in Malaysia ** Genting Grand Hotel **Genting Sempah, the mountain on which the Genting Hig ...


Online Casino

*
Genting Casino Online UK Genting may refer to: * Genting, Sarawak, an inhabited place near Kelupu and Labas *Genting Group, a Malaysian company *Genting Highlands, a mountain resort in Malaysia ** Genting Grand Hotel **Genting Sempah, the mountain on which the Genting Hig ...
*
Genting Casino Online Germany Genting may refer to: * Genting, Sarawak, an inhabited place near Kelupu and Labas *Genting Group, a Malaysian company *Genting Highlands, a mountain resort in Malaysia ** Genting Grand Hotel **Genting Sempah, the mountain on which the Genting High ...
* Genting Casino Online Ireland


Investments in the United States

*
Foxwoods Resort Casino Foxwoods Resort Casino is a hotel and casino complex owned and operated by the Mashantucket Pequot Tribal Nation on their reservation located in Ledyard, Connecticut. Including six casinos, the resort covers an area of . The casinos have more th ...
, Connecticut (capital loan to the Mashantucket Pequot tribe through Kien Huat Realty) *
Seneca Niagara Casino & Hotel Seneca Niagara Casino & Hotel is a casino in Niagara Falls, New York. It was built by the Seneca Nation to compete with Casino Niagara and Niagara Fallsview Casino Resort in Niagara Falls, Ontario. Formerly known as the Niagara Falls Convention an ...
, Niagara Falls, USA (capital loan to Seneca Nation of Indians through Kien Huat Realty) *
Monticello Raceway Monticello Gaming and Raceway is a harness racing track and racino in Monticello, Sullivan County, New York. It is off Exit 104 of Route 17 (future Interstate 86), on New York State Route 17B. The racetrack is nicknamed "The Mighty M" and race ...
, Catskills (majority shareholder of Empire Resorts through Kien Huat Realty) * Massachusetts Region C casino development (financing the development and lobbying expenses behind Wampanoag people Casino of the First LightGenting circling Massachusetts as House eyes casino vote
Gambling Compliance, 9 May 2011.


Previous properties

* Burswood Entertainment Complex,
Perth Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth i ...
, Australia (formerly known as Burswood Island Casino) * Lucayan Beach Resort and Casino, Bahamas (in partnership with the Bahamian government) * Norwegian Cruise Line, headquartered in Miami. Genting sold their remaining shares in December 2018. * Genting Hong Kong **
Star Cruises Star Cruises was a cruise line headquartered in Hong Kong and operating in the Asia-Pacific market. The company was owned by Genting Hong Kong. It was the eighteenth largest cruise line in the world after Carnival Corporation, Royal Caribb ...
**
Crystal Cruises } Crystal Cruises is a cruise line now headquartered in Downers Grove, Illinois, USA. It was founded in 1988 by Japanese shipping company Nippon Yusen Kaisha, and sold to Hong Kong-headquartered conglomerate Genting Hong Kong in 2015. Following i ...
**
Dream Cruises Genting Hong Kong Limited ( zh, 雲頂香港有限公司) was a holding company that operated cruise and resort businesses. It was headquartered in (海洋中心), Tsim Sha Tsui, Hong Kong and listed on the Hong Kong Stock Exchange (). It was p ...
** MV Werften


Notes


External links

* {{FTSE Bursa Malaysia KLCI constituents 1965 establishments in Malaysia Companies based in Kuala Lumpur Conglomerate companies established in 1965 Malaysian companies established in 1965 Companies listed on Bursa Malaysia Genting Highlands Gambling companies of Malaysia Resorts World Sentosa Conglomerate companies of Malaysia Multinational companies headquartered in Malaysia Malaysian brands