Your Daily Asia Gaming eBrief: Genting's Lim Kok Thay on cloud nigh

Tuesday 13th of December 2022

Good morning. Genting’s Lim Kok Thay is likely to toast the new year with a half-full glass of champagne as there is as much to cheer about as there were setbacks, Daniel Cheng writes. Also on the upbeat, China health experts expect a return to normalcy by March next year. Meanwhile in the Philippines, the spin-off PAGCOR makes headlines, this time to bankroll Finance Minister Diokno’ Maharlika sovereign wealth fund.

What you need to know

Genting’s Lim Kok Thay is likely to toast the new year with a half-full glass of champagne, Daniel Cheng writes, as the world’s largest gaming operator stands on cloud nigh.
Philippines Finance Secretary Benjamin E. Diokno found a solution to bankroll his Maharlika sovereign wealth fund by spinning off PAGCOR assets.

On the radar

LRWC raises $32m, readies for capital expenditures.

AGB Intelligence

INDUSTRY VOICE

Half-empty Genting run turning half-full into 2023

Genting’s Lim Kok Thay will likely toast the new year with a half-full glass of champagne since there is as much to cheer about as there were setbacks, Daniel Cheng writes, as the world’s largest gaming operator stands on cloud nigh.