Oct 03, 2017 The report estimates that the total annual revenue of all casino cruise ships operating out of Hong Kong waters in 2014 was about HK$2.2 billion, based. Hong Kong’s Casino Cruise Industry. The ship is moored a barge-ride away from the port in eastern Hong Kong, which is bustling with activity. A year ago, Hong Kong was home to 12 casino cruises. Business was booming, much like it once was in Macau. President Xi Jinping’s crackdown on financial corruption caused business to collapse. Sep 16, 2013 Hong Kong casinos, cruise ships, horsetracks and dogtracks - the complete gambling landscape of Hong Kong. Includes Hong Kong casino details, gambling news and tweets in Hong Kong, area maps, Hong Kong entertainment, coupons offers.
Hong Kong’s Casino Cruise Industry. The ship is moored a barge-ride away from the port in eastern Hong Kong, which is bustling with activity. A year ago, Hong Kong was home to 12 casino cruises. Business was booming, much like it once was in Macau. President Xi Jinping’s crackdown on financial corruption caused business to collapse. The casino ship, which has been operating out of Hong Kong for nearly four years, is hardly the ‘brand new’ five-star attraction touted in the glossy brochure, and the Russian signs on various doors hint at a previous life in colder climes.
Publicly traded company | |
Traded as | MYX: 3182 |
---|---|
ISIN | MYL3182OO002 |
Industry | Hospitality and plantations |
Founded | 1965; 55 years ago |
Founder | Lim Goh Tong |
Headquarters | 24th Floor, Wisma Genting, 50250 Kuala Lumpur, Malaysia |
Area served | Worldwide |
Lim Kok Thay, Chairman & Director | |
Products | Hotel, casino and entertainment |
Services | Tourism, resorts, cruises, gambling, plantations and Genting Energy Limited |
Revenue | RM 8.9 billion (2016) |
Number of employees | 58,000 globally |
Parent | Kien Huat Realty |
Subsidiaries | Genting Malaysia Berhad Genting Plantations Berhad Genting Singapore PLC Genting Hong Kong Kient Huat Realty Genting UK PLC |
Website | www.genting.com |
The Genting Group is a company headquartered in the Wisma Genting in Kuala Lumpur, Malaysia.[1] It comprises the holding company Genting Berhad (MYX: 3182), its listed subsidiaries Genting Malaysia Berhad (MYX: 4715), Genting Plantations Berhad (MYX: 2291), Genting Singapore Plc (SGX: G13), as well as its wholly owned subsidiary Genting Energy Limited.[2][3]
Founded in 1965 by the late Malaysian entrepreneur Tan Sri Lim Goh Tong,[4][5] the Genting Group is headed by Tan Sri Dato Seri Lim Kok Thay, the Chairman and Chief Executive, who joined the group in 1976.[6]
Since its founding in 1965, the Group has garnered over 52 years of experience in developing, operating and marketing casinos and integrated resorts in different parts of the world, including the Americas, Australia, Malaysia, the Philippines, Singapore and United Kingdom.[2][3][7] The group's pioneer integrated resort is Resorts World Genting, formerly known as Genting Highlands Resort. The main attractions of the resort are its casino, theme park, concert shows, food & beverage and retail shopping.[4][3]
Resorts World Genting, Malaysia
Mar 20, 2007 If you are looking to enjoy cruise lifestyle, don't take the daily casino ship (Daily casino ship from any company are same, board late evening and come back early morning), take those ship which spent a few days for their cruise to enjoy the real cruise life. It is impossible for paying 300 but expect to enjoy 3000 or 30000 facility. Apr 13, 2017 Floating Casino Cruise Liner Entering Hong Kong, There travel out to the open seas as there are no control of cambling on open waters.
From its initial leisure and hospitality activities, the Genting Group has expanded and diversified into other activities including plantations, properties, power generation, oil and gas, e-commerce, information technology and biotechnology.[4][3][7]
The Group and its affiliates employ about 62,000 people worldwide and has over 4,500 hectares (11,000 acres) of prime resort land and 238,400 hectares (589,099 acres) of land for plantation.[8]
- 3Resort and casino properties
Group structure[edit]
Genting Berhad is the parent company and holding company that manages investment in other companies. Headquarters in Malaysia. It is listed on the main board of Bursa Malaysia, with market capitalisation of US$9.4 billion as at 31 December 2014.[9] In 2017, the market capitalisation has increased to US$ 37.87 billion.
- Genting Singapore PLC (52.8% owned by Genting Berhad) – investment holding company. It is listed on Singapore Stock Exchange. Market capitalisation is US$9.9 billion as of 31 December 2014.[9]
- Genting Malaysia Berhad (49.3% owned by Genting Berhad) – It is involved in leisure and hospitality, gambling and entertainment which includes its casino businesses in Malaysia, in the Americas and United Kingdom. Genting Malaysia owns and operates major properties including Resorts World Genting in Malaysia, Resorts World Casino New York City in the US, over 40 casinos including Resorts World Birmingham in the UK and Resorts World Bimini in the Bahamas. It is listed on the main board of Bursa Malaysia with market capitalisation of RM26 billion as of 31 December 2016.[10]
- Genting Hong Kong Limited, formerly known as Star Cruises Limited, is listed on the Singapore and Hong Kong Stock Exchange.[11]
- Genting Plantations Berhad (51.9% owned by Genting Berhad) – is involved in plantations, biotechnology and property, which includes its property arm, Genting Property. Genting Plantations owns 259,700 hectares of land in Malaysia and Indonesia. It is listed on the Main Market of Bursa Malaysia with US$2.2 billion market capitalisation as of 31 December 2014.[9]
- Kien Huat Realty – the real estate development and investment entity created by Genting founder Lim Goh Tong owns 39 percent of Genting Berhad.[12]
Diversification and expansion[edit]
In December 2006, Genting Group won the bid in obtaining one of two Singapore casino licences to build an integrated resort, named Resorts World Sentosa, under Genting Singapore.[13] The project requirements includes hotel, gambling, leisure facilities, convention space and retail.
Princess Cruises From Hong Kong
In 2007, Genting Plantations ventured into biotechnology to develop synthetic genomic processes and naturally occurring processes for alternative energy resources through an equally owned joined venture with 'Synthetic Genomics'.[9]
In July 2007, Genting Group disposed of its paper and packaging business.[9]
In August 2009, Genting Hong Kong opened Resorts World Manila in partnership with Alliance Global Group. It is one of four groups that won approval in 2008 to build hotels and casinos as part of Philippines' US$20 billion Pagcor City development on Manila Bay.[14]In June 2009, Genting Group supported the capital raising exercise of MGM Mirage.[15]
In August 2010, Genting Property began construction on an upscale retail destination, Johor Premium Outlets in partnership with Jersey-based Simon Property Group, as part of a wider 7,000-acre (2,800 ha) integrated township project in the southern state of Johor.[16]
In September 2010, Genting New York won a bid to build a racino at Aqueduct Racetrack in New York City, the first step of a planned expansion in the United States.[9] Among the attributes of the plan was providing a diversion for passengers on long stays at John F. Kennedy International Airport.[17] Resorts World New York opened in October 2011.[18]
In May 2011, Genting Malaysia purchased 14 acres (5.7 ha) of Biscayne Bay front land surrounding the headquarters of The Miami Herald for US$236 million; The McClatchy Company announced that the Herald and El Nuevo Herald would be moving to another location by 2013.[19] The land is to be used for a mixed-use development, Resorts World Miami, that would include hotels, restaurants, residences, retail shops and a convention centre. Genting Group sees the Miami land acquisition as an integral step in its pursuit of expanding internationally in the leisure, hospitality and entertainment industry.[citation needed]
In June 2011, Genting UK was awarded a casino licence for a 55,000 sq-metre mixed-use facility in Birmingham.[20] The development is in partnership with the NEC Group.
In March 2013, Genting bought the site of Echelon Place, an unfinished casino resort on the Las Vegas Strip, and announced plans for Resorts World Las Vegas.[21]
In May 2015, Genting Hong Kong purchased 100% ownership of Crystal Cruises and plans for expansion into river cruising, private jet charters using Boeing 777 aircraft and the new build of three 100,000 GRT mega cruise ships was announced for the brand. Genting were also announced to build a 204,000 GT ultra luxury and giant cruise ship.
In 2016, Genting has announced the building of Resorts World Miami. This project will cost about US$3 billion. This project has the world's biggest swimming pool.
In 2017, Genting announced they would build a new resort, Resorts World Catskills.
In January 2018, Genting announced plans to build a new casino resort in Andorra. The resort is expected to cost EUR€ 105 million and will host many different musical and cultural events.[22]
Resort and casino properties[edit]
Malaysia[edit]
- Resorts World Genting, Genting Highlands, Pahang, Malaysia
- Awana Genting Highlands Golf & Country Resort, Genting Highlands, Pahang, Malaysia
- Resorts World Kijal, Terengganu, Malaysia
- Resorts World Langkawi, Kedah, Malaysia
United Kingdom[edit]
Maxims Casino, Southend
As of December 2010, Genting Malaysia owns the largest number of casinos in the UK, with 47:[23]
- Crockfords Club, London
- The Colony Club, London
- The Palm Beach Casino, London
- Maxims Casino Club, London
- Genting Casino, Bolton
- Genting Casino, Bournemouth
- Genting Casino, Blackpool
- Genting Casino, Brighton
- Genting Casino, Bristol
- Genting Casino, Coventry
- Genting Casino Cromwell Mint, London
- Genting Casino Edgbaston, Birmingham
- Genting Casino, Glasgow, Scotland
- Genting Casino, Leicester
- Genting Casino, Leith, Scotland
- Genting Casino, Luton
- Genting Casino, Margate
- Genting Casino, Newcastle
- Genting Casino, Nottingham
- Genting Casino, Plymouth
- Genting Casino Renshaw Street, Liverpool
- Genting Casino, Salford
- Genting Casino, Torquay
- Genting Casino York Place, Edinburgh, Scotland
- Genting Chinatown Casino, Birmingham
- Genting Chinatown Casino, London
- Genting Casino Fountainpark, Edinburgh, Scotland
- Genting Casino, Manchester
- Genting Casino Queen Square, Liverpool
- Genting Casino, Reading
- Genting Casino Riverlights, Derby
- Genting Casino, Sheffield
- Genting Casino, Southport
- Genting Casino, Stoke-on-Trent
- Genting Casino Terminus Terrace, Southampton
- Genting Casino, Wirral
- Genting Electric, Luton
- Genting Electric, Portsmouth
- Genting Electric Westcliff, Southend
- Maxims Casino, Southend
Genting owns the Park Lane Mews Hotel in Mayfair, London.
Singapore[edit]
- Resorts World Sentosa
- Universal Studios Singapore (partner with Universal Studios)
- Genting Hotel, Jurong
Hong Kong[edit]
- Genting Hong Kong
- Genting Cruise Lines[24]
Philippines[edit]
- Pagcor Tower (cancelled)
- Resorts World Manila (in partnership with AGI)
- Resorts World Bayshore City (Under Construction-Part of Entertainment City)
USA and the Caribbean[edit]
- Resorts World Las Vegas (planned 2020)
- Resorts World Miami (planned)
- Resorts World Catskills (Owned & managed by Empire Resorts, an 88.7% subsidiary)
- Norwegian Cruise Line, headquartered in Miami
- Casino of the First Light,[25] (planned)
- Resort World Hudson Valley (planned)
Korea[edit]
- Resorts World Jeju (planned)
China[edit]
Investments in the United States[edit]
- Foxwoods Resort Casino, Connecticut (capital loan to the Mashantucket Pequot tribe through Kien Huat Realty)[26]
- Seneca Niagara Casino & Hotel, Niagara Falls, USA (capital loan to Seneca Nation of Indians through Kien Huat Realty)[27]
- Monticello Raceway, Catskills (majority shareholder of Empire Resorts through Kien Huat Realty)[28]
- Massachusetts Region C casino development (financing the development and lobbying expenses behind Wampanoag peopleCasino of the First Light[25][29]
Previous properties[edit]
- Burswood Entertainment Complex, Perth, Australia (formerly known as Burswood Island Casino)
- Lucayan Beach Resort and Casino, Bahamas (in partnership with the Bahamian government)
Aston Villa Football Club sponsorship[edit]
An announcement was made on 22 June 2011 that Genting would become the new principal partner of English Premier League club Aston Villa. Details of the partnership reveal that Aston Villa home and away jerseys will display the Genting Casinos branding. The deal ran for two seasons, from July 2011 to July 2013.
Notes[edit]
- ^'Corporate Information.' Genting Group. Retrieved on September 11, 2017. 'REGISTERED OFFICE Address 24th Floor, Wisma Genting, Jalan Sultan Ismail, 50250 Kuala Lumpur'
- ^ ab'Corporate Profile'. www.genting.com. Retrieved 18 August 2018.
- ^ abcdGenting Berhad Annual Report 2016, profile page.
- ^ abc'History'. www.genting.com. Retrieved 18 August 2018.
- ^My Story - Lim Goh Tong, page 77.
- ^Genting Berhad Annual Report 2016, directors' profile, page 4.
- ^ abMy Story - Lim Goh Tong
- ^Genting Berhad Annual Report 2015, profile page
- ^ abcdef'Genting Group is Malaysia's leading multinational corporation'. genting.com. Archived from the original on 6 December 2012.
- ^ Genting Malaysia Annual Report 2016
- ^'Genting Hong Kong'. www.gentinghk.com. Retrieved 18 August 2018.
- ^Genting Berhad Annual Report 2016, page 174.
- ^'Genting-Star Cruises consortium wins Sentosa integrated resort project'. Yahoo! News. wildsingapore.com. 8 December 2006. Retrieved 31 May 2011.
- ^'Archived copy'. Archived from the original on 24 September 2015. Retrieved 7 March 2017.CS1 maint: archived copy as title (link)
- ^'Malaysia's Genting pays $100 mln for MGM stake-paper'. 10 June 2016 – via Reuters.
- ^[1]Archived 6 November 2012 at the Wayback Machine
- ^Massey, Daniel (3 August 2010). 'Last Aqueduct racino bidder gets state blessing'. Crain's New York Business. Retrieved 31 May 2011.
- ^'New York State Gaming Commission'(PDF). gaming.ny.gov.
- ^Hanks, Douglas (27 May 2011). 'Miami Herald parent sells land for $236 million; newspaper operations unaffected'. The Miami Herald. Retrieved 31 May 2011.
- ^'Birmingham Post: Business news, local news, expert opinion'. birminghampost.net.
- ^Richard N. Velotta (4 March 2013). 'Old Stardust site being sold for new Strip casino'. Vegas Inc. Retrieved 4 March 2013.
- ^'Genting Group to Invest €105m in Andorra Casino Resort'. CasinoReviews.co.uk. 5 January 2015. Retrieved 15 January 2018.
- ^Genting Group 2010 Annual ReportArchived 17 August 2011 at the Wayback Machine, Genting Berhad, 6 May 2011.
- ^'Genting Cruise Line'. Genting Group.
- ^ ab'Casino Of The First Light Resort And Casino'. casinoofthefirstlight.com.
- ^Foxwoods loan deals with Malaysian investors raise concern, worsen debt, Connecticut Post, 23 November 2009.
- ^Tribal Casino Rules Revisited, Wall Street Journal, 21 September 2009.
- ^Empire Resorts Concludes $55,000,000 Investment Agreement with Kien Huat Realty III LimitedArchived 24 September 2015 at the Wayback Machine, Empire Resorts Press Release, 19 August 2009.
- ^Genting circling Massachusetts as House eyes casino vote, Gambling Compliance, 9 May 2011.
External links[edit]
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Genting_Group&oldid=935660126'
(Redirected from Dream Cruises)
Public company SEHK: 678 | |
ISIN | |
---|---|
Industry | Tourism, Resorts, Cruise |
Founded | 1993 |
Headquarters | Hong Kong |
Brands | |
Parent | Genting Group |
Website | http://www.gentinghk.com |
Genting Hong Kong Limited | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 雲頂香港有限公司 | ||||||||||
Simplified Chinese | 云顶香港有限公司 | ||||||||||
|
Genting Hong Kong Limited (Chinese: 雲頂香港有限公司) is a holding company that operates cruise and resort businesses. It is a member of the Malaysian Genting Group and 17.8% owned by Genting Berhad.[1] It owns Crystal Cruises, Dream Cruises, Star Cruises, Resorts World Manila, and the MV Werften shipyards.
Its head office is in Suite 1501 of the Ocean Centre (海洋中心) building in Harbour City, Tsim Sha Tsui.[2]
Genting Hong Kong is listed on the Hong Kong Stock Exchange (SEHK: 678) .
Dh texas poker facebook. Game mode: the player can choose among four different game modes. Indeed, DH Texas Poker - Texas Holdem allows gamers to Play Now, Private Room, Select Casino and Sit&Go mode. .
- 2Dream Cruises
- 2.1Fleet
Cruise lines[edit]
Star Cruises was established by Genting in 1993.[3] Genting positions Star Cruises for the 'contemporary cruise market'.[4]
In 2000, Genting's Star Cruises purchased Miami-based Norwegian Cruise Line, but later sold half of the company to Apollo Management in 2007.[5] A 2013 IPO of Norwegian Cruise Line further reduced Star Cruises' ownership share to 28%.[6]
In 2015, Genting purchased Crystal Cruises,[7] which specializes in the 'international luxury cruise market',[4] and a majority stake in Lloyd Werft, a German shipyard that was, as of May 2016, under contract to build 10 ships for Genting-owned cruise lines.[4] In November of that year, Genting announced the introduction of Dream Cruises, an Asian luxury cruise line that will debut in November 2016.[4][8]
In 2016, Genting purchased the remaining 30% of Lloyd Werft,[9] as well as Nordic Yards' Wismar, Warnemunde, and Stralsund shipyards, and combined them to form what was initially called the Lloyd Werft Group.[10] Several months later, the three ex-Nordic Yards facilities were spun out into a separate company, named MV Werften.[11]
Dream Cruises[edit]
Public company | |
ISIN | |
---|---|
Industry | Passenger transportation & Cruises |
Founded | November 2015 |
Headquarters | Hong Kong, Asia |
Asia Pacific | |
Key people | Tan SriLim Kok Thay, CEO & Chairman |
Services | Cruises |
Owner | Genting Hong Kong |
Parent | Genting Hong Kong |
Website | dreamcruiseline.com |
Dream Cruises Free bonus casino slot machines. is a cruise line owned by Genting Hong Kong. Genting announced the introduction of Dream Cruises in November 2015 in Guangzhou as an Asian luxury cruise line. It debuted in November 2016.[12]
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Fleet[edit]
Current Fleet[edit]
Ship | Year built | Class | Entered service with Dream Cruises | Last Refurbishment | Gross Tonnage | Notes | Image |
---|---|---|---|---|---|---|---|
Genting Dream | 2016 | Breakaway | 2016 | - | 150,695 | - | |
World Dream | 2017 | Breakaway | 2017 | - | 150,695 | - | |
Explorer Dream | 1999 | Leo | 2019 [13] | - | 75,338 | Formerly sailed as SuperStar Virgo for Star Cruises. |
Future Fleet[edit]
Ship | Will Enter Service | Class | Gross Tonnage | Notes | Image |
---|---|---|---|---|---|
Global Dream | 2021 | Global | 208,000 | Construction started on 8 March 2018[14] Keel laid on 11 September 2018[15] Will homeport in Shanghai.[16] | |
TBA | 2022 | Global | 208,000 | Construction started on 10 September 2019[17] keel laid on 9 December 2019[18] |
Resorts[edit]
Genting Hong Kong partnered with Philippines-based Alliance Global Group to establish Resorts World Manila. It is located across Terminal 3 of Ninoy Aquino International Airport. It houses three hotels: Maxims Tower, Marriott Hotel Manila, and Remington Hotel. The Newport Mall is part of this resort and includes the Newport Cinemas and the 1,500-seat Newport Performing Arts Theater.
References[edit]
Cruise Port In Hong Kong
- ^'Genting Group is Malaysia's leading multinational corporation'. genting.com. Archived from the original on 6 December 2012. Retrieved 11 May 2016.
- ^'Contact Us.' Genting Hong Kong. Retrieved on 11 September 2017. 'Genting Hong Kong Limited Address: Suite 1501, Ocean Centre, 5 Canton Road, Tsimshatsui, Kowloon, Hong Kong ' - Address in Traditional Chinese: '香港九龍尖沙咀廣東道5號海洋中心1501室' - Address in Simplified Chinese: '香港九龙尖沙咀广东道5号海洋中心1501室'
- ^'Asia Pacific Cruises | Cruise Company | Star Cruises'. www.starcruises.com. Retrieved 2017-07-11.
- ^ abcd'Genting Hong Kong Announces Order of Two 'Global Class' Ships for Star Cruises, the Largest to be Built in Germany, for Delivery Between 2019 and 2020'(PDF). Star Cruises. Genting Hong Kong Limited. 10 May 2016. Archived from the original(PDF) on 14 May 2016. Retrieved 11 May 2016.
- ^'Apollo invests $1billion in NCL Corp to take 50% stake'. Cruise Business Review. 2007-08-17. Archived from the original on September 29, 2007. Retrieved 2007-08-17.
- ^'Norwegian Cruise Line Holdings Ltd. - Quarterly Report'. ncl.com. Retrieved May 11, 2016.
- ^Sloan, Gene (March 3, 2015). 'Shake-up in luxury cruising as Crystal gets new owner'. USA Today. Retrieved April 12, 2015.
- ^'GENTING HONG KONG LAUNCHES 'DREAM CRUISES'– ASIA'S FIRST PREMIUM CRUISE LINE BRAND AND EXPERIENCE'. Online Promos (Press release). Star Cruises. 11 November 2015. Retrieved 11 May 2016.
- ^'Genting Hong Kong Takes Remaining Stake in Lloyd Werft'. World Maritime News. Retrieved 11 May 2016.
- ^'Aktuelles - Pressemitteilungen - Lloyd Werft Bremerhaven'. lloydwerft.com. Archived from the original on 1 June 2016. Retrieved 11 May 2016.
- ^'Genting HK to invest 100m euros in its German shipyard MV Werften'. The Star. 11 June 2016. Retrieved 12 March 2018.
- ^'DREAM CRUISES MAKES HISTORY WITH CHRISTENING OF MAIDEN LUXURY CRUISE SHIP IN GUANGZHOU HOMEPORT│Dream Cruises'. Dreamcruiseline.com. Retrieved 7 April 2018.
- ^Bond, Mary. 'Explorer Dream joins Dream Cruises as brand expands outside of Asia'. www.seatrade-cruise.com. Retrieved 2018-12-20.
- ^https://www.mv-werften.com/de/news-und-presse/news/mv-werften-startet-bau-des-ersten-204000-brz-grossen-global-class-kreuzfahrtschiffes-58.html
- ^https://www.mv-werften.com/de/news-und-presse/news/erstes-schiff-der-global-klasse-fuer-dream-cruises-auf-kiel-gelegt.html
- ^Mathisen, Monty (2018-10-25). 'First Global-Class Ship to Homeport in Shanghai'. www.cruiseindustrynews.com. Retrieved 2019-04-07.
- ^https://hansa-online.de/2019/09/schiffstechnik/135369/mv-werften-starten-zweiten-neubau-der-global-class/
- ^https://www.schiffe-und-kreuzfahrten.de/news/mv-werften-legt-zweites-global-class-schiff-auf-kiel/193568/
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