{"id":5948,"date":"2024-06-17T11:24:20","date_gmt":"2024-06-17T10:24:20","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=5948"},"modified":"2024-06-17T11:24:24","modified_gmt":"2024-06-17T10:24:24","slug":"genting-malaysia-watches-thailands-gambling-landscape-closely","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/06\/17\/genting-malaysia-watches-thailands-gambling-landscape-closely\/","title":{"rendered":"Genting Malaysia Watches Thailand&#8217;s Gambling Landscape Closely"},"content":{"rendered":"\n<p>Malaysian publication <strong>Sin Chew Daily<\/strong> reports that Malaysia-focused brand <strong>Genting<\/strong> continues to closely monitor the opportunity for a listing in the United States.<\/p>\n\n\n\n<p>President and COO <strong>Tan Kong Han<\/strong> reportedly briefed investors at Genting&#8217;s annual general meeting, outlining the optimal path to \u201cunlock maximum shareholder value and enhance brand value.\u201d<\/p>\n\n\n\n<p>Genting has seen strong growth recently as it recovers well from the pandemic in Asia.<\/p>\n\n\n\n<p>However, Khan made it clear that the company is looking to expand, hoping to continue capitalizing on the success of its brand in the domestic market.<\/p>\n\n\n\n<p>Khan named the US as one of the key markets, while stressing that it is necessary to wait for the right time and conditions.<\/p>\n\n\n\n<p>He also noted that Thailand is a potential destination for the company, as the regulatory framework will develop in the region in the near future.<\/p>\n\n\n\n<p>Further progress was recently recorded in developing casino legislation in Thailand after the Cabinet approved a special report by a House of Representatives committee.<\/p>\n\n\n\n<p>According to an article published in the <strong>Bangkok Post<\/strong>, the decision marked significant progress and further development of the casino regulatory system in Thailand.<\/p>\n\n\n\n<p>Despite this, casino development in the region is likely to be a long-term project, with plans not expected to be implemented until 2029.<\/p>\n\n\n\n<p>This process is based on the concept of the \u201cfun economy\u201d, which includes economic corridors that can play a key role in the implementation of casino regulations in the region.<\/p>\n\n\n\n<p>Tender processes for the casino are due to conclude this year and, if approved, will be subject to regulatory approval.<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysian publication Sin Chew Daily reports that Malaysia-focused brand Genting continues to closely monitor the opportunity for a listing in the United States. President and COO Tan Kong Han reportedly briefed investors at Genting&#8217;s annual general meeting, outlining the optimal path to \u201cunlock maximum shareholder value and enhance brand value.\u201d Genting has seen strong growth [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":5949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[8,1],"tags":[3877,50,2106,8590,8591,8589],"class_list":["post-5948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino","category-news","tag-business-development","tag-casino","tag-gambling-industry","tag-gentingmalaysia","tag-tan-kong-han","tag-thailand"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Genting Malaysia Watches Thailand&#039;s Gambling Landscape Closely - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/06\/17\/genting-malaysia-watches-thailands-gambling-landscape-closely\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genting Malaysia Watches Thailand&#039;s Gambling Landscape Closely - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Malaysian publication Sin Chew Daily reports that Malaysia-focused brand Genting continues to closely monitor the opportunity for a listing in the United States. 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