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- Legal gambling age: 21. Malaysia’s world-famous Casino de Genting is housed within the luxurious Resorts World Genting, and it’s hugely popular with players from all over the country.
- GENTING CASINO Ben van Wijnen 'Having been around since 1965 when it was established in Malaysia, the owners of Genting Casino, The Genting Group, is one of Malaysia’s biggest corporations and is valued at £24 billion. It now has got 42 land-based casinos throughout the UK, spread from Plymouth all the way to Edinburgh.'
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Gambling is a form of entertainment. However, problems arise when an individual becomes a compulsive gambler. Resorts World Genting has taken the responsibility of being proactive in promoting responsible gaming and providing assistance to those who require it.
Genting Highlands is one of the popular resort developments in Malaysia which comprise hotels, casinos, shopping center and a theme park. It located at Pahang and perched on the peak of Gunung Ulu Kali at 1800 meters high. Genting Highlands was founded by Lim Goh Tong. It is the first and only legal gambling outfit in Malaysia since 1971. It also offers five hotels with more than 8000 rooms. In economic, Genting Highlands is consider as a pure monopoly. This is because it is a single seller and no close substitutes due to it is the only legal casino that get the license from government. If people want to gamble, they have no others choices and only can gambling at Genting Highlands, unless they go to others country like Singapore. Besides that, the reason why Genting Highlands can become a monopoly firm is also because it has a high barriers to entry. One of the examples is the casino in Genting had a legal protection by government which other firm cannot get it, so it’s monopoly position may be protected by the licensing that gave by government, and Genting also used aggressive tactic by mounting massive advertising campaigns, we can see the advertisement for Genting at anywhere and anytime. This barriers to entry made other firms difficult to entry and compete with Genting Highlands. For my opinion, I think that the main reason why many people like to go Genting Highlands is because of the casino. Yet the weather at there is also a reason why Malaysians like to go there. As we know Malaysia is a country which has hot weather, yet Genting Highlands has a cool climate during day and night. Apart from that, the theme part in Genting is also a very attractive part for people especially teenagers whose like to play irritate rides like flying coaster, space shot, pirate ship and so on. Last but not least, hotel at Genting Highlands give a very clean and comfortable living room for customers. Even there have more than 8000 hotel rooms in Genting Highlands, but there are always full booking and it is very difficult for us to book a room at there at weekend or holidays. All of this are the reasons why Genting Highlands is so successful and popular in Malaysia. For my personally, Genting Highlands is also one of my favourite places in Malaysia, even I still under age and cannot go into casino, yet I like to go the theme park and have fun at there with my friends during holidays. LINK: http://www.gentinghighlands.info/ |
| Location | Resorts World Genting, Pahang, Malaysia, Malaysia |
|---|---|
| Coordinates | 3°25′19″N101°47′40″E / 3.4219212°N 101.7944919°E |
| Theme | 20th Century Studios properties |
| Owner | Genting Group (under license from The Walt Disney Company) |
| Operated by | Genting Group |
| Opens | Q2 2021 |
| Previous names | Genting Outdoor Theme Park (closed September 26, 2013) |
| Area | 25 acres (10 ha) |
| Attractions | |
| Total | 25 |
| Website | Official website |
| Status | Under construction |
Genting SkyWorlds is a movie inspired theme park project at Resorts World Genting, Genting Highlands, Malaysia. The theme park will open in the second quarter of 2021. The park was formerly called 20th Century Fox World but changed after reaching a settlement with 21st Century Fox and The Walt Disney Company.[1]
Theme park history
20th Century Fox World was first announced on 26 July 2013 and commenced its construction on 17 December 2013 with a cost of estimated RM1 billion.[2] The park was going to be the only functioning 20th Century Fox theme park in the world and the first in Asia.
The project was part of a major 10-year master plan of development, expansion, enhancement and refurbishment of hotels, theme park andinfrastructure at Resorts World Genting.[3][4] It replaced the previous Genting Outdoor Theme Park[5] which was closed on 1 September 2013.[citation needed]
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The theme park is 250 acres in size and would feature roughly 25 thrill rides and attractions based on diverse films and franchises like Blue Sky Studios'Ice Age and Rio, Life of Pi, Night at the Museum, Planet of the Apes, Alien vs. Predator, Titanic and Sons of Anarchy.[6][7]
Once expected to open in 2016, the opening was delayed to 2019 reportedly due to the country's weak currency. However, in 2018, Fox Entertainment terminated their agreement with Genting. The Genting Group is still planning to open the park in the future but the opening date is postponed while the operator is considering various options, including rebranding the park.[8]
Lawsuit
On 26 November 2018, Genting Malaysia filed a $1.75 billion lawsuit against Disney and Fox, accusing Fox of trying to back out of the deal for licensing the theme park. In the suit, Genting Malaysia alleges that Fox has taken steps to cancel the contract. The suit also names Disney as a defendant, contending that Disney executives, following the company's then-pending acquisition of Fox, were 'calling the shots' on the project and that they were opposed to the park because they would have 'no control' over its operations and that it would be adjacent to a casino, which would go against Disney's 'family-friendly' image.[9] Fox, in turn, referred to the suit as 'without merit', stating that their reasons for withdrawing from the deal were due to Genting consistently not meeting 'agreed-upon deadlines for several years' and that Genting's attempts to blame Disney for Fox's default were 'made up'.[1]
Fox filed a $46 million countersuit against Genting on January 23, 2019. In the suit Fox stated that the reason for their termination of the project was because of 'Genting alone', blaming Genting's 'incompetence, inexperience, and rank indifference to its contractual obligations' as the reason the project fell through.[10] Fox alleged that Genting changed agreed-upon plans 'at the whim' of Genting Group chairman Lim Kok Thay and that Genting would construct 'buildings that were too tall for the themed facades constructed to house them, built parade floats that were so large that they left no room on the street for spectators, built an attraction without including the designed (or any) evacuation route, and routinely had to retrofit, if not tear down, its prematurely built structures'.[11] Genting responded by stating that Fox's countersuit was filed to 'divert attention away from its own incompetence and inexperience' and went on to say that the company 'will prove that Fox’s termination was both unfounded and improperly directed by Disney and Fox’s parent company, Twenty First Century Fox.'[12]
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On July 26, it was announced that Fox and Genting had settled their respective lawsuits. As part of the deal, Genting would be given “a license to use certain Fox intellectual properties” and that non-Fox intellectual property would make up the rest of the attractions in the park. The outdoor park would also no longer be referred to as 20th Century Fox World, but instead would be named Genting SkyWorlds.[13][14]
See also
References
- ^ ab'Disney & Fox Accused In $1.75B Suit Of Taking Theme Park Developer For A Ride'. Deadline Hollywood. 26 November 2018. Archived from the original on 28 November 2018. Retrieved 27 November 2018.
- ^Lee, Justin. '3 Theme Parks That Genting Could Replace 20th Century Fox World With'. MSN. Retrieved 16 January 2019.
- ^'GENTING MALAYSIA BERHAD - RM5bn Integrated Tourism Plan Unveiled'. klse.i3investor.com. 18 December 2013. Retrieved 15 March 2018.
- ^'Genting resort to get new theme park in $2b masterplan'. stasiareport.com. 18 December 2013. Retrieved 27 December 2013.
- ^Jayne, Tamara (27 November 2018). '20th Century Fox World Theme Park In Genting May Be Delayed Again. Here's Why'. SAYS.com. Retrieved 16 January 2019.
- ^'Twentieth Century Fox theme park announced'. edition.cnn.com. 18 December 2013. Archived from the original on 21 December 2013. Retrieved 27 December 2013.
- ^'20th Century Fox Breaks Ground on Theme Park Business with First Resort in Malaysia'. variety.com. 17 December 2013. Archived from the original on 19 June 2017. Retrieved 2 January 2014.
- ^'Theme park plan still on, timing unclear: GEN Malaysia'. GGRAsia. Retrieved 4 January 2019.
- ^'Disney, Fox sued in U.S. for $1 billion over Malaysia theme park'. Reuters. Reuters. 26 November 2018. Archived from the original on 27 November 2018. Retrieved 27 November 2018.
- ^'Fox Countersues Over Contested Malaysian Theme Park Deal'. Deadline.com. Deadline. 23 January 2019. Retrieved 23 January 2019.
- ^'How a Kuala Lumpur Theme Park Became a Fox-Themed Fiasco'. Variety.com. Variety. 24 January 2019. Retrieved 24 January 2019.
- ^'Fox Countersues Developer of Failed Malaysian Theme Park for $46 Million'. HollywoodReporter.com. The Hollywood Reporter. Retrieved 23 January 2019.
- ^'Legal Fight Over Fox Theme Park In Malaysia Ends In Settlement'. Deadline.com. Deadline Hollywood. 26 July 2019. Retrieved 26 July 2019.
- ^'Genting Malaysia to rightsize workforce, management offered pay cut'. New Straits Times. Retrieved 26 May 2020.
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