Crypto Assets

Search
Close this search box.
Search
Close this search box.
Search
Close this search box.
Genting adds mobile betting and video gaming to US growth push

Genting adds mobile betting and video gaming to US growth push

Facebook
Twitter
LinkedIn
Email

Global operator Genting has announced the additions of video gaming and mobile betting to its US product portfolio, as it bids to strengthen its presence in a market boosted by growing contributions from its casinos in New York and Las Vegas.

This summer, the company plans to open a video gaming facility in Hudson Valley, within comfortable driving distance of both Resorts World Catskills and Resorts World New York City. In addition, Genting’s Empire division plans to launch mobile sports betting operations in New York.

2021 saw an uplift in Genting’s earnings from its casino resorts in Malaysia and Singapore compared to 2020. US performance also improved year-on-year, with Resorts World Las Vegas achieving 80% hotel occupancy during Q4. The reopening of the Genting Highlands theme park in its home country, and revamp of Resorts World Sentosa, should see earnings to return to pre-pandemic levels next year.