Genting Casino, a prominent name in the gaming and entertainment industry, is part of the larger Genting Group, a Malaysian conglomerate with a diverse portfolio. Established in 1965 by Tan Sri Lim Goh Tong, https://qbet-casino-online.com/ the Genting Group has grown to encompass various sectors, including leisure and hospitality, plantations, power generation, and real estate. The ownership of Genting Casino is intrinsically linked to the ownership structure of the Genting Group itself.

The Genting Group is publicly traded on the Malaysian stock exchange, with its shares held by a combination of institutional and retail investors. However, the Lim family, led by Tan Sri Lim Kok Thay, the son of the founder, retains significant control over the company. Tan Sri Lim Kok Thay serves as the chairman and CEO of Genting Berhad, the parent company of the Genting Group, and holds a substantial percentage of the shares, which positions him and his family as key stakeholders in the decision-making processes of the group.

Genting Casino operates several establishments across the UK and other parts of the world. In the UK, Genting Casinos are part of Genting UK, a subsidiary of Genting Malaysia Berhad, which is itself a subsidiary of Genting Berhad. Genting Malaysia Berhad is responsible for the group’s international gaming operations, including the management of casinos outside of Malaysia. This structure illustrates that while Genting Casino operates under the Genting brand, it is part of a broader corporate hierarchy that is closely controlled by the Lim family.

The ownership dynamics of Genting Casino are further complicated by the fact that Genting Malaysia Berhad has its own set of shareholders, including institutional investors and the Malaysian government, which has historically held a stake in the company. This ownership structure allows for a blend of private and public interests in the management of Genting Casino, ensuring that it operates within the regulatory frameworks of the countries in which it operates.

The Genting Group’s expansion into the gaming industry has been marked by strategic acquisitions and developments. For instance, the group’s flagship property, Resorts World Genting, is located in Malaysia and is one of the largest integrated resorts in the world. This success has enabled Genting to invest in casinos abroad, including the UK, where Genting Casinos have become a staple in the gaming landscape.

In conclusion, the ownership of Genting Casino is a reflection of the broader ownership of the Genting Group, characterized by significant family control through the Lim family, coupled with public investment from various stakeholders. This unique blend of ownership has allowed Genting Casino to thrive in a competitive industry while maintaining a strong connection to its Malaysian roots. As the global gaming market continues to evolve, Genting Casino’s ownership structure will likely play a crucial role in its future strategies and expansions.