Genting or Resorts World could invest in Macau

As Malaysia’s gaming firms appear to be holding steady, rumours have been circling that they could be eyeing more lucrative investments overseas, such as establishments in Macau.

With Genting now heavily rumoured to be interested in a stake of MGM Mirage’s operations in Macau, it now appears that sister brand Resorts World could also potentially go for an investment in the region.

While not denying or confirming the rumours, the head of the companies have now said that they “may be” interested if an opportunity comes up.

“If the opportunity arises in Macau, there is no hindrance for Resorts to invest,” noted Lim Kok Thay, Resorts World and Genting Chairman and CEO.

“The answer is a big maybe. It depends on what the situation is.”

Recently parent company Genting, which bought out the Resorts World brand in 1989, purchased US$100 million worth of notes issued by MGM Mirage.