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News Unker Lim resigned! Genting doomed!

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pwncake
post Mar 1 2025, 10:56 AM

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You’re talking about a business which operations are restricted from expansion.

Due to religious sentiments

Which are growing more insane by the day

Do the math.
DarkNite
post Mar 1 2025, 10:58 AM

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QUOTE(icemanfx @ Mar 1 2025, 09:42 AM)
Kt remain as the executive chairman, takes home without ceo package, also a step for his son to take position later.
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Later Gen squander all inheritance away?
icemanfx
post Mar 1 2025, 10:59 AM

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A few mys banks lost hundred of millions rm in genting hk, are refusing to deal with tk. in order for g.m to finance, tk needs to step aside for a few years.

This post has been edited by icemanfx: Mar 1 2025, 11:00 AM
SUSHasukiiXrd
post Mar 1 2025, 11:01 AM

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QUOTE(vexus @ Mar 1 2025, 09:49 AM)
all because of genting las vegas. Not profitable
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yup, been there few times .... kinda meh to me.

vexus
post Mar 1 2025, 11:05 AM

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QUOTE(HasukiiXrd @ Mar 1 2025, 11:01 AM)
yup, been there few times .... kinda meh to me.
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only a stupid dumb Chinese will make business in USA. It is a trap.
Jasonist
post Mar 1 2025, 11:07 AM

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looks like his father is rolling in the grave now.. susah payah bina empayar, anak jilake musnahkan semua
sonypshomer
post Mar 1 2025, 11:09 AM

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QUOTE(pwncake @ Mar 1 2025, 10:56 AM)
You’re talking about a business which operations are restricted from expansion.

Due to religious sentiments

Which are growing more insane by the day

Do the math.
*

icemanfx
post Mar 1 2025, 11:11 AM

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QUOTE(DarkNite @ Mar 1 2025, 10:58 AM)
Later Gen squander all inheritance away?
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They could place their wealth in trust, later gen couldn't touch.
soul78
post Mar 1 2025, 11:11 AM

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QUOTE(cms @ Mar 1 2025, 09:40 AM)
GenM mana ada dalam KLCI lagi bossku.
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Dun care... Agenda KLCI lagi pinting...

This goes 👇, everything goes 👇...
gashout
post Mar 1 2025, 11:23 AM

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uncle lim milked enough from investors...

highest paid CEO in stock market... screw him. did nothing at all. just milk investors till dry.
icemanfx
post Mar 1 2025, 11:30 AM

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QUOTE(gashout @ Mar 1 2025, 11:23 AM)
uncle lim milked enough from investors...

highest paid CEO in stock market... screw him. did nothing at all. just milk investors till dry.
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At that time, gm was making many millions rm every day. his pitfalls was genting hk liquidation.

milolauda
post Mar 1 2025, 11:48 AM

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so basically , Genting USA & Genting HK kill Genting overall

knn, those Cruise ships all dead too ?
ozak
post Mar 1 2025, 11:56 AM

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QUOTE(Srbn @ Mar 1 2025, 09:38 AM)
now Genting bad luck.

tomorrow go genting all in
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Casino?
kamfoo
post Mar 1 2025, 10:28 PM

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Stigonboard
post Mar 2 2025, 09:43 AM

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QUOTE(pwncake @ Mar 1 2025, 10:56 AM)
You’re talking about a business which operations are restricted from expansion.

Due to religious sentiments

Which are growing more insane by the day

Do the math.
*
Bodoh
More and more gambler didnt come to their resort up the hill and you still want to talk about expanding locally? Bangang

Genting Group is being dragged down by losses in overseas venture especially in Las Vegas and Bahamas ..they expand too much and getting killed during covid .. and i didnt even start talking about their bankrupt cruise liner .. so all this failed overseas investment is because religion sentiment ? Sohai
andyng38
post Mar 2 2025, 10:09 AM

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like jan 18th, not gonna touch it; avoid the pitfalls of hubris
xPrototype
post Mar 2 2025, 10:15 AM

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price worse than covid lol
old_timer
post Mar 2 2025, 10:16 AM

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QUOTE(pwncake @ Mar 1 2025, 10:56 AM)
You’re talking about a business which operations are restricted from expansion.

Due to religious sentiments

Which are growing more insane by the day

Do the math.
*
when business fails, claims due to religion. easy peasy.
Eulm585
post Mar 2 2025, 10:43 AM

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QUOTE(sadukarzz @ Mar 1 2025, 10:50 AM)
We shall see how would their business be like when Thailand starts its mega-casino projects.

But in my opinion, how they can be better?

- Cheaper games and more tables (though licensing wise maybe a new challenge).

- Revamp first world older towers as room giveaways for gamblers (but increase restriction and enforcement to prevent sales).

- Give la better drinks, its not gonna cost as much as those gamblers losing their money out right?

> They drink or even tapau say teh tarik, how much can they consume in 1 day? RM30 worth? They just need to spend roughly 30 minutes in 2 cents slots to lose that amount back dy.

- No need to give out travel reimbursements so susah ma, some you give RM500 for what? Just give free genting bus, or use QR to scan other private operators to make 1 return trip per day, increase frequency whenever possible. If own operator cannot cope with the frequency then open up to some others squeeze their margins abit lor

> Paired with free room, its essentially a heaven's deal for the gamblers dy, if you sort out their meals too? Then its just waiting for them to gamble

- Parking. Turn around RM1k = Free 1 day parking. Not a good deal?

> Racing up and down genting - Stricter enforcement on the genting roads, open up a racing circuit.

> Instead of making things so difficult for other road users, open up la the gohtong side / older cable car there, fix the road, operate a circuit there; charge RM200 each return run, let those modified / muscle / power cars vroom their heart out there with disclaimers. Pretty sure they are more than willing to do that.
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Increase the table charges and put more tables.
Got cash also need to fight for seats
plouffle0789
post May 30 2025, 08:11 AM

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QUOTE(xPrototype @ Mar 2 2025, 10:15 AM)
price worse than covid lol
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Because USA and UK casino?

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