{"id":777004128,"date":"2023-04-10T12:57:03","date_gmt":"2023-04-10T15:57:03","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777004128"},"modified":"2026-04-22T23:00:44","modified_gmt":"2026-04-23T02:00:44","slug":"genting-malaysia-aims-to-increase-the-operational-capacity-of-rwg","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-malaysia-aims-to-increase-the-operational-capacity-of-rwg","title":{"rendered":"Genting Malaysia aims to increase the operational capacity of RWG"},"content":{"rendered":"\n

Genting Malaysia aims to increase operational capacity to pre-Covid-19 levels and attract foreign visitors to Resorts World Genting.<\/p>\n\n\n\n\n\n\n\n

Malaysia.- In Genting Malaysia’s 2022 annual report, company chairman, Alwi Jantan<\/strong>, has outlined plans to increase operational capacity and attract more foreign visitors to Resorts World Genting<\/strong>. He said the group would continue to focus on ramping up operations at the Malaysian resort to pre-pandemic capacity.<\/p>\n\n\n\n

For the fourth quarter of last year, Genting Malaysia<\/a> posted a 65 per cent increase year-on-year in revenue, at MYR1.59bn (US$360.7m). The segment saw a 30 per cent growth in adjusted earnings before interest, taxation, depreciation, and amortisation (EBITDA) to MYR467.3m.<\/p>\n\n\n\n

The increase was attributed to higher revenue from the leisure and hospitality business in Malaysia amid a further relaxation of Covid-19 restrictions and the reopening of national borders in April 2022. The opening of Genting SkyWorlds<\/a> theme park in February 2022 contributed to an increase in non-gaming revenue. <\/p>\n\n\n\n

Jantan said the company aims to “attract incremental foreign [visitors] to the resort<\/strong>,” as the broad-based recovery of the regional gaming sector continues aided by the re-opening of key markets and pent-up demand. <\/p>\n\n\n\n

He also highlighted the importance of maintaining access roads to Resorts World Genting<\/strong>. Several traffic accidents have been recorded in the past 12 months in Genting Highlands, where it’s located. He said the company aims to closely monitor and enhance the maintenance of access roads to ensure safety.<\/p>\n","protected":false},"excerpt":{"rendered":"

Genting Malaysia aims to increase operational capacity to pre-Covid-19 levels and attract foreign visitors to Resorts World Genting.<\/p>\n","protected":false},"author":176,"featured_media":18219,"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 aims to restore Resorts World Genting's operational capacity to pre-pandemic levels and significantly increase foreign visitor arrivals. This strategy follows a robust Q4 2022 performance, driven by eased COVID-19 restrictions and the opening of Genting SkyWorlds. The company also prioritizes enhancing access road safety to the resort.","focusai_entities":"Genting Malaysia, Alwi Jantan, Resorts World Genting, Genting SkyWorlds","focusai_location":"Malaysia, Genting Highlands","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.8), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Foreign Visitor Strategy","query":"What specific marketing channels, international partnerships, or visa facilitation initiatives is Genting Malaysia implementing to achieve its foreign visitor targets and restore pre-pandemic international market share?"},{"label":"Q1 2023 Outlook","query":"Given the Q4 2022 EBITDA growth, what are the projected GGR and NGR contributions from the gaming verticals and non-gaming segments for Q1 2023, factoring in the continued regional recovery?"}],"footnotes":""},"categories":[157,16333],"tags":[19394,23922],"class_list":["post-777004128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-genting-malaysia","tag-resorts-world-genting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004128","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=777004128"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004128\/revisions"}],"predecessor-version":[{"id":777004161,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004128\/revisions\/777004161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18219"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}