Inside Asian Gaming

IAG JAPAN NOV 2021 54 1-10 CHAIRMAN AND CEO Genting Hong Kong DIRECTOR Travellers International Hotel Group CHAIRMAN AND CEO Genting Malaysia EXECUTIVE CHAIRMAN Genting Singapore CHAIRMAN AND CEO Genting Berhad 取締役 トラベラーズ・インターナショナル・ホテル・グループ 取締役会長 ゲンティン・シンガポール 会長兼CEO ゲンティン・マレーシア 会長兼CEO ゲンティン香港 会長兼CEO ゲンティン・ブルハド CLAIMS TO FAME 評価理由 POWER SCORE パワースコア : 3,295 POSITION LAST YEAR 昨年の順位 : 5 Heads most global gaming company, present in top Asian markets (except Macau), the UK and North America Launched first new ground-up Las Vegas Strip integrated resort in a decade in 2021 Grooming son Lim Keong Hui to succeed him as third generation Genting leader • • • • • • マカオを除くアジア市場、英国、北米に事業展開する最もグローバルな ゲーミング企業を率いる 2021年、過去10年間で初めてラスベガス・ストリップ沿いにゼロから建設 された統合型リゾートを開業 息子であるリム・ケオン・ホイ (林拱輝）氏が3代目のリーダーとして会社 を引き継げるよう育成中 LIM KOK THAY リム・コック・タイ（林国泰） TO DESCRIBE GENTING PATRIARCH Lim Kok Thay’s past year as a roller-coaster would be akin to calling Mt Everest a small bump in the road. The challenges presented by the COVID-19 pandemic were far-reaching, forcing the lengthy closure of Genting Group’s casinos and integrated resorts in Malaysia, Singapore, the US and the UK, and casting huge doubt over the future of cruise ship arm Genting Hong Kong. In August 2020, Genting HK halted payments on US$3.37 billion in debt, citing the need to maintain liquidity in order to ride out the pandemic and sparking crisis talks with creditors while its global cruise fleet remained docked. After months of negotiations, the company announced in June 2021 that it had confirmed agreements with some of those creditors for the company to be granted new loans and extensions to maturities on around US$2.6 billion of that debt, although talks with other lenders are still to be resolved. A further US$238 million loss in the six months to 30 June 2021 won’t have helped the cause, although at least some “cruise to nowhere” sailings have now resumed out of Singapore, Hong Kong and Taiwan. To help ease the burden somewhat, Genting Hong Kong has been busy offloading non-core assets including the Zouk nightclub brand – purchased by Lim’s son and heir apparent Lim Keong Hui – a private jet, sold to 3