{"id":26087,"date":"2022-01-07T07:32:47","date_gmt":"2022-01-07T10:32:47","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=26087"},"modified":"2026-04-23T12:27:47","modified_gmt":"2026-04-23T15:27:47","slug":"genting-skyworlds-might-open-for-chinese-new-year-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-skyworlds-might-open-for-chinese-new-year-analysts-say","title":{"rendered":"Genting SkyWorlds might open for Chinese New Year, analysts say"},"content":{"rendered":"\n<p>Maybank Investment Bank Bhd suggests Genting SkyWorlds, Genting Malaysia\u2019s new outdoor theme park, might be ready to be launched for the Chinese New Year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Malaysia.-&nbsp;<strong>Maybank Investment Bank Bhd<\/strong>&nbsp;said in a report that Genting Sky World theme park launch could happen near the Chinese New Year that falls on February 1.<\/p>\n\n\n\n<p>Analysts stated: \u201cWe expected Genting SkyWorlds&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/genting-skyworlds-close-to-official-opening\" rel=\"noreferrer noopener\">to open on December 10, 2021<\/a>, but it did not come to pass.&nbsp;<\/p>\n\n\n\n<p>&#8220;Channel checks inform us that Genting Malaysia is \u2018ironing out\u2019 software issues and hopes to open Genting SkyWorlds for Chinese New Year,\u201d<\/p>\n\n\n\n<p><strong>Maybank IB Research&nbsp;<\/strong>has previously reported that it expects Genting Malaysia\u2019s earnings before interest, taxes, depreciation, and amortization (EBITDA) to increase by 501 per cent in the fiscal year 2022 after Genting SkyWorlds opens to MYR3.23bn (US$767.9m).<\/p>\n\n\n\n<p>Last October, analysts at RHB Research visited the venue and referred to the opening of&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/genting-skyworlds-to-bring-higher-visitor-arrivals-to-rwg-analysts-say\" rel=\"noreferrer noopener\">Genting SkyWorlds<\/a>&nbsp;as a possible&nbsp;<strong>\u201ccrowd-puller for other RWG facilities<\/strong>, potentially leading to higher-than-expected visitor arrivals.\u201c&nbsp;<\/p>\n\n\n\n<p>Despite the delay in the opening, the investment bank said that Resorts World Genting\u2019s visitor volume in the fourth quarter of 2021 was \u201cstrong\u201d, helped by a rise in the Covid-19 vaccination rate of Malaysian citizens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maybank Investment Bank Bhd suggests Genting SkyWorlds, Genting Malaysia\u2019s new outdoor theme park, might be ready to be launched for the Chinese New Year.<\/p>\n","protected":false},"author":176,"featured_media":24013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Genting Malaysia's Genting SkyWorlds theme park, initially delayed, is now anticipated to launch around Chinese New Year, February 1st, following resolution of software issues. Maybank Investment Bank Bhd projects a 501% increase in Genting Malaysia's FY2022 EBITDA upon the park's opening, positioning it as a significant crowd-puller for Resorts World Genting's integrated facilities.","focusai_entities":"Maybank Investment Bank Bhd, Genting SkyWorlds, Genting Malaysia, Maybank IB Research, RHB Research, Resorts World Genting","focusai_location":"Malaysia","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.85), marketing_crm (0.75), investor_analyst (0.95), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Impact on Gaming GGR?","query":"What is the projected uplift in Resorts World Genting's gaming GGR and NGR, specifically attributable to the increased visitor volume from Genting SkyWorlds, beyond the stated EBITDA increase?"},{"label":"Software Issue Resolution?","query":"What specific 'software issues' caused the delay, and what governance frameworks were implemented to ensure robust system stability prior to the revised launch?"}],"footnotes":""},"categories":[157,16333],"tags":[19394],"class_list":["post-26087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-genting-malaysia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=26087"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26087\/revisions"}],"predecessor-version":[{"id":26088,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26087\/revisions\/26088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/24013"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}