Tag Archives: lim kok thay
- Adelson rules the roost on Inside Asian Gaming’s 2014 chart of movers, shakers
September 27, 2014
Inside Asian Gaming has published its latest list of the Asian gaming industry’s 50 biggest movers and shakers. Las Vegas Sands honcho Sheldon Adelson (pictured) retains his place atop the list, reflecting the 81-year-old’s undisputed position as titan of the world’s largest gaming company. The whole list, complete with detailed...
- Genting vows to spend big on Las Vegas, Malaysian property upgrades
December 18, 2013
Asian casino operator Genting Bhd. has promised to break out the novelty-sized checkbook to boost its facilities both at home and abroad. Genting has pledged between $3b and $4b to develop its Resorts World Las Vegas project, assuming Nevada regulators approve Genting’s pursuit of a state gaming license. Genting acquired...
- Genting to boost Echo stake as Echo’s war with Crown shifts to Brisbane
July 27, 2013
Genting boss Lim Kok Thay has confirmed that his company intends to raise its stake in Australian casino outfit Echo Entertainment, provided Aussie regulators approve the plan. Two subsidiaries of Malaysia’s Genting conglomerate acquired a total of 9.9% of Echo last year, but Genting Singapore sold its 4.8% stake shortly...
- Crown won’t need ‘new’ Sri Lanka casino license; Genting Highlands $950m facelift
June 13, 2013
There’s been a little more clarity shed on Australian casino operator Crown Ltd.’s proposed resort-casino project in Sri Lanka’s capital Colombo. Early reports by Sri Lankan legislators said the $350m (or $400m, depending on who’s talking) project wouldn’t contain a casino. But then Crown’s local partner, Rank Entertainment’s Ravi Wijeratne,...
Genting Malaysia may lose $274M on Mass. casino bet
May 23, 2017
Chinese tourists maintain biggest spenders’ crown
April 13, 2017
Malaysia’s tourism tax pinches casino, hotels
April 7, 2017