“We are also encouraged that Indonesia has agreed to lift its ban on sending its citizens to Malaysia to work from Aug 1, 2022, which we hope will ease the labour shortage.” “Yet RWG is buzzing once again, post Covid, and crucially the gaming traffic has returned after the Omicron wave in the first quarter of 2022, which we understand will set the stage for a better second quarter in terms of earnings.

We also understand that Genting Malaysia has hired some experienced theme park staff to operate Genting Skyworlds better,” Maybank IB Research said in a report yesterday.Ĭommenting on the group’s Resorts World Genting (RWG) operations, Maybank IB Research said business has been impacted by labour shortage woes. “Nonetheless, we are assured that the technical issues will be ironed out. We understand that long wait times for certain rides caused by technical issues are the culprit. “From Apto today, Genting Skyworlds welcomed slightly higher daily visits (3,000 to 4,000) or only about half of our expectations. Since it opened on March 8, 2022, Maybank Investment Bank Research (Maybank IB) said Genting Skyworlds had welcomed 2,600 visitors daily up to March 31, 2022.

PETALING JAYA: Genting Malaysia Bhd ’s Genting SkyWorlds Theme Park has been off to a slow start, but analysts are optimistic that business will soon pick up.

Genting bhd's johny raw casino resort