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David Fickling

Wynn Is Genting's Jackpot Chance

The Malaysian group has long coveted a Macau license. This would be worth the risk.
Views Of Casinos As Revenues Continue To Decline For The 18th Month
Photographer: David Paul Morris/Bloomberg

Genting Bhd. Chairman Lim Kok Thay has never quite gotten over losing out on a Macau casino license. 

The Malaysian gambling and resorts group failed to win a permit when the territory opened its casino market in 2002, and an attempt to set up a venture with gaming mogul Stanley Ho went nowhere. The company would love to operate in Macau "but the door's closed," Lim told Bloomberg News in a 2013 interview. "When it next opens, we would be the first one knocking on that door and try our luck."