CLAIMS TO FAME
- Oversees Malaysia’s only casino at Resorts World Genting
Celebrating 26 years with Genting Malaysia, Lee Choong Yan has seen it all in his time – but echoing Resorts World Genting’s (RWG) shiny new theme park, Genting SkyWorlds, these past few years have been nothing short of a rollercoaster ride.
The good news for Lee, a chartered accountant by trade, is that the money is flowing again with Genting Malaysia returning to profit in 2Q23 on rising revenues at the company’s flagship Malaysian integrated resort.
While there have also been positive signs at its US and European subsidiaries, it is RWG’s performance upon which the group’s fate usually lies and although post-COVID recovery has been slower than hoped, momentum is building.
According to industry analysts, most encouraging is the return in numbers of foreign visitors, with visitation rising from 4.9 million in Q1 to 5.4 million in Q2. Overall hotel guest numbers grew by 80% year-on-year and 10% quarter-on-quarter in the three months to 30 June 2023, but foreign guest numbers were up by more than 100% year-on-year and by 32% sequentially.
Lee, meanwhile, has plenty on his plate: the trusted guardian of the Lim family’s RWG heirloom is also CEO of Genting UK Plc, which operates around 30 casinos, and oversees Genting Malaysia Group’s businesses in the United States and Bahamas.
For the full list of 2023 Asian Gaming Power 50 winners, click here.
