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Genting Has “Strong Chance” for Macau Casino License

Author: Live Casino Direct
 
Genting Has “Strong Chance” for Macau Casino License
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Genting Group was a surprise entry into the bidding war for a Macau casino license two weeks ago. The group is headed by Malaysian Chinese billionaire Tan Sri Lim. The incumbents operating in Macao since 2002 are now facing the prospect of Genting taking their place.

Genting has a strong chance to win a Macau casino license. It has gaming properties in the US, UK, Malaysia, and Singapore. The company has also invested in non-gaming projects in China. The Macao casino industry is in a bidding war. There are seven applicants for six licenses. They include Sands China, MGM Resorts, Wynn Macaon, Galaxy Entertainment, Melco Resort, MJM Holdings.

Genting has a strong chance of getting a Macau casino license.

The pressure in the high-stakes license bidding game increased after shares in Macau casinos spiked.

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