There has been a lot of speculation regarding the ownership of Resort World, with many people wondering whether the company is owned by the Chinese. In this article, we will delve into this topic and explore the truth behind these rumors.
What is Resort World?
Resort World is a popular hotel and casino chain that operates in several countries worldwide. The company offers a range of services and amenities, including luxurious hotel rooms, world-class dining options, and exciting casino games.
The Ownership of Resort World
Resort World is owned by Genting Group, which is a Malaysian company. Genting Group was founded in 1965 by Lim Goh Tong and has since become one of the largest and most successful gaming companies in the world.
Is Genting Group Owned by Chinese?
While Genting Group is based in Malaysia, it does have strong ties to China. The current chairman of Genting Group, Lim Kok Thay, is of Chinese descent. Additionally, Genting Group has invested heavily in China over the years, with several casinos and resorts located throughout the country.
However, it’s important to note that Genting Group is not owned by China or any Chinese entity. The company’s ownership structure is complex and involves several subsidiaries and holding companies located around the world.
The Importance of Ownership
Despite all the rumors surrounding Resort World’s ownership, it’s important to remember that who owns a company should not affect your decision to stay at one of their properties or engage in their services. What matters most is that you have an enjoyable experience and are treated fairly as a customer.
Conclusion
In conclusion, while Resort World may have ties to China through its parent company’s chairman and investments, it’s important to remember that Genting Group is a Malaysian-owned company. As such, there should be no concerns about the Chinese ownership of Resort World. At the end of the day, what matters most is that Resort World continues to provide high-quality services and experiences to its customers worldwide.
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