The report says recovery in Malaysia will \u201ccontinue to lag.\u201d<\/p>\n\n\n\n\n\n\n\n
Malaysia.- In its Global Gaming Outlook 2024<\/strong> report, Fitch<\/strong> says it expects Malaysian gaming revenue to grow by 9 per cent in 2024. However, the rating agency considers that the recovery in Malaysia will \u201ccontinue to lag.\u201d<\/p>\n\n\n\n \u201cRevenue remains well below pre-pandemic levels, mainly due to weather-related events since 2022,\u201d said the report. Malaysia, home to Genting Malaysia\u2019s flagship Resorts World Genting, will see a \u201csteady increase in domestic traffic and foreign tourists\u201d supported by the expected repair of an access road by first-half 2024.<\/p>\n","protected":false},"excerpt":{"rendered":" The report says recovery in Malaysia will \u201ccontinue to lag.\u201d<\/p>\n","protected":false},"author":226,"featured_media":18308,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Fitch's Global Gaming Outlook 2024 projects a 9% growth in Malaysian gaming revenue for 2024, yet notes a persistent lag in recovery to pre-pandemic levels, primarily attributed to prior weather-related disruptions. The report anticipates a steady increase in domestic and foreign tourist traffic, bolstered by expected infrastructure repairs, to support this growth.","focusai_entities":"Fitch, Genting Malaysia, Resorts World Genting","focusai_location":"Malaysia","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Fitch's Recovery Outlook","query":"What specific factors beyond weather events and access road repairs are contributing to Malaysia's continued lag in gaming revenue recovery compared to other APAC markets, as per Fitch's detailed analysis, and what are the implications for long-term GGR growth?"},{"label":"Genting Malaysia Impact","query":"How does Fitch's 9% growth projection for Malaysia specifically translate into revised EBITDA or NGR forecasts for Genting Malaysia's Resorts World Genting operations, considering the anticipated mix of domestic versus foreign tourist traffic and potential regulatory impacts?"}],"footnotes":""},"categories":[157,16333],"tags":[226],"class_list":["post-777011718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-malaysia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011718","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777011718"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011718\/revisions"}],"predecessor-version":[{"id":777011725,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011718\/revisions\/777011725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18308"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}