Genting Berhad
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The Genting Group is a company headquartered in the Wisma Genting in Kuala Lumpur, 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 Tan Sri Lim Kok Thay (; born 16 August 1951) is a Malaysian Chinese billionaire businessman. He is the chairman of Genting Group, a casinos, resorts and palm oil conglomerate with a market capitalization of almost MYR40 billion, and the secon ...
, 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 Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
, Malaysia,
the Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
, Singapore and the United Kingdom. ''My Story'' - Lim Goh Tong The Group's pioneer integrated resort is
Resorts World Genting 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 busine ...
, formerly known as Genting Highlands Resort. The main attractions of the resort are its casino, theme park, 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 plantations, properties,
power generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...
, oil and gas, e-commerce, information technology and biotechnology. 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$9.4 billion as at 31 December 2014. In 2017, its market capitalisation increased to
US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
37.87 billion. * Genting Singapore PLC (52.8% owned by Genting Berhad) – investment holding company. It is listed on
Singapore Stock Exchange The Singapore Exchange Limited (SGX) is a Singaporean investment holding company that provides different services related to securities and derivatives trading and others. SGX is also a member of the World Federation of Exchanges and the Asian ...
. 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 Resorts World Birmingham is an entertainment complex in Birmingham, England. It has the largest casino in the United Kingdom, shopping mall, restaurants and cinemas. Construction began in February 2013 and finished in autumn 2015. The Casino i ...
in the UK and
Resorts World Bimini Resorts World Bimini Bahamas is a Caribbean beachfront resort and casino located on North Bimini Island. Opened in 2013, the resort is operated by the Malaysia-based Genting Group. Their corporate office for the southeast USA is located in do ...
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 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 Caribbe ...
, is listed on the Singapore and
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
. * Genting Plantations Berhad (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 Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offeri ...
with US$2.2 billion market capitalisation as of 31 December 2014. * Kien Huat Realty – the real estate development and investment entity created by Genting founder Lim Goh Tong 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, named
Resorts World Sentosa Resorts World Sentosa (abbreviation: RWS) is 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 r ...
, 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 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. In August 2010, Genting Property began construction on an upscale retail destination,
Johor Premium Outlets Johor Premium Outlets is a mall in Indahpura, Malaysia with 130 designer and name brand outlet stores as of 2021. The center is operated by Genting Simon Sdn Bhd and is part of the Genting Simon Group, which is a joint venture between Genting Pla ...
in partnership with Jersey-based Simon Property Group, as part of a wider integrated township project in the southern state of Johor. In September 2010, Genting New York won a bid to build a racino at
Aqueduct Racetrack Aqueduct Racetrack is a Thoroughbred horse racing facility and casino in the South Ozone Park, Queens, South Ozone Park and Jamaica, Queens, Jamaica neighborhoods of Queens, New York City, United States. Aqueduct is the only racetrack locate ...
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. Resorts World New York opened in October 2011. In May 2011, Genting Malaysia purchased of Biscayne Bay front land surrounding the headquarters of '' The Miami Herald'' for US$236 million; The McClatchy Company announced that the ''Herald'' and '' El Nuevo Herald'' would be moving to another location by 2013. The land is to be used for a
mixed-use development Mixed-use is a kind of urban development, urban design, urban planning and/or a zoning type that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to some ...
,
Resorts World Miami Resorts World Miami is the name of a major development proposed for the Omni District of Greater Downtown Miami, Florida, USA, by the Malaysian-based Genting Group. At and with an estimated cost of US$3.2 billion, it is considered one of the la ...
, 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. The development is in partnership with the
NEC Group The National Exhibition Centre (NEC) is an exhibition centre located in Marston Green, Solihull, West Midlands, England. It is near junction 6 of the M42 motorway, and is adjacent to Birmingham Airport and Birmingham International railway stati ...
. In March 2013, Genting bought the site of
Echelon Place Echelon (originally Echelon Place) was a proposed $4.8 billion mixed-use project that was to be built on the Las Vegas Strip in Winchester, Nevada. Boyd Gaming announced the project in January 2006, as a replacement for its Stardust Resort and Cas ...
, an unfinished casino resort on the Las Vegas Strip, and announced plans for
Resorts World Las Vegas Resorts World Las Vegas is a resort, mall, and casino on the Las Vegas Strip in Winchester, Nevada, United States. The property had been the site of the Stardust Resort and Casino until 2007, when Boyd Gaming demolished the resort to develop its ...
. In May 2015, Genting Hong Kong purchased 100% ownership of Crystal Cruises and plans for expansion into river cruising, private jet charters using Boeing 777 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 Resorts World Miami is the name of a major development proposed for the Omni District of Greater Downtown Miami, Florida, USA, by the Malaysian-based Genting Group. At and with an estimated cost of US$3.2 billion, it is considered one of the la ...
. 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 Resorts World Catskills is a hotel and 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 ...
. The casino was originally to be named Montreign Resort Casino. In January 2018, Genting announced plans to build a new casino resort in Andorra. 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, Pahang, Malaysia * Resorts World Awana (Formerly Awana Genting Highlands Golf & Country Resort), Genting Highlands, Pahang, Malaysia * Resorts World
Kijal Kijal (est. pop. (2000 census): 4,375)Dept. of Urban and Rural Planning, Terengganu State Government. ''Rancangan Struktur Negeri Terengganu 2005-2015'' (Malay), 2005 is a mukim in Kemaman District, Terengganu, Malaysia. The town is well kno ...
, Terengganu, Malaysia * Resorts World Langkawi, Kedah, Malaysia


United Kingdom

As of December 2010, Genting Malaysia owns the largest number of casinos in the UK, with 46: *
Resorts World Birmingham Resorts World Birmingham is an entertainment complex in Birmingham, England. It has the largest casino in the United Kingdom, shopping mall, restaurants and cinemas. Construction began in February 2013 and finished in autumn 2015. The Casino i ...
* 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 Genting Casino Westcliff is a gambling establishment located on the Western Esplanade, Westcliff-on-Sea, Essex, England, on the seafront overlooking the Thames estuary. History The original "Westcliff" and "Waterfront" Casinos were established i ...
, Southend Genting owns the Park Lane Mews Hotel in Mayfair, London.


Singapore

*
Resorts World Sentosa Resorts World Sentosa (abbreviation: RWS) is 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 r ...
** Universal Studios Singapore (partner with Universal Studios) *Genting Hotel, Jurong *INEX Innovate Pte Ltd - Medtech Group


Philippines

* Resorts World Manila (in partnership with AGI) * Resorts World Bayshore City (Under Construction-Part of Entertainment City)


USA and the Caribbean

* Resorts World New York City *
Resorts World Las Vegas Resorts World Las Vegas is a resort, mall, and casino on the Las Vegas Strip in Winchester, Nevada, United States. The property had been the site of the Stardust Resort and Casino until 2007, when Boyd Gaming demolished the resort to develop its ...
*
Resorts World Miami Resorts World Miami is the name of a major development proposed for the Omni District of Greater Downtown Miami, Florida, USA, by the Malaysian-based Genting Group. At and with an estimated cost of US$3.2 billion, it is considered one of the la ...
(planned) *
Resorts World Bimini Resorts World Bimini Bahamas is a Caribbean beachfront resort and casino located on North Bimini Island. Opened in 2013, the resort is operated by the Malaysia-based Genting Group. Their corporate office for the southeast USA is located in do ...
*
Resorts World Catskills Resorts World Catskills is a hotel and 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 ...
(Owned & managed by Empire Resorts, an 88.7% subsidiary) *
Casino of the First Light 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 ...
, (planned) * Resort World Hudson Valley (planned)


China

* Genting Resort Secret Garden


Online Casino

* Genting Casino Online UK * Genting Casino Online Germany *
Genting Casino Online Ireland 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 ...


Investments in the United States

* Foxwoods Resort Casino, Connecticut (capital loan to the Mashantucket Pequot tribe through Kien Huat Realty) * Seneca Niagara Casino & Hotel, Niagara Falls, USA (capital loan to Seneca Nation of Indians through Kien Huat Realty) * Monticello Raceway, Catskills (majority shareholder of Empire Resorts through Kien Huat Realty) * Massachusetts Region C casino development (financing the development and lobbying expenses behind
Wampanoag people The Wampanoag , also rendered Wôpanâak, are an Indigenous people of the Northeastern Woodlands based in southeastern Massachusetts and historically parts of eastern Rhode Island,Salwen, "Indians of Southern New England and Long Island," p. 17 ...
Casino of the First Light 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 ...
Genting circling Massachusetts as House eyes casino vote
Gambling Compliance, 9 May 2011.


Previous properties

*
Burswood Entertainment Complex Crown Perth (formerly Burswood Island Casino, Burswood Island Complex and Burswood Entertainment Complex) is a resort and casino located in Burswood, Western Australia, near the Swan River. The resort consists of a casino, a convention centre ...
, Perth, Australia (formerly known as Burswood Island Casino) * Lucayan Beach Resort and Casino, Bahamas (in partnership with the Bahamian government) *
Norwegian Cruise Line Norwegian Cruise Line (NCL), also known in short as Norwegian, is an American cruise line founded in 1966, incorporated in Bermuda and headquartered in Miami. It is the fourth-largest cruise line in the world by passengers, controlling about 8.6 ...
, headquartered in Miami. Genting sold their remaining shares in December 2018. *
Genting Hong Kong 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 ...
** Star Cruises ** Crystal Cruises ** Dream Cruises **
MV Werften MV Werften is a Hong Kong–Germany, German shipbuilding company that operates three facilities in eastern Germany to construct cruise ships for parent company Genting Hong Kong. In January 2022, MV Werften filed for bankruptcy, and an admini ...


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