Genting Malaysia has applied for a certificate of personal fitness for an online gaming license for Ireland, according to local media reports.
The licence would allow the Malaysian operator to offer its “GentingBet” online brand in the country. GentingBet is already established in the U.K. and offers a sportsbook, online slots and live casino-style games.
Genting applied for the licence on June 4 from its base in Malta, the report said.
In its annual report for 2019, Genting Malaysia noted that it has seen strong growth in its online business and had been investing for further expansion.
During the year, it rebranded as GentingBet and launched a new website with exclusive content. Last year, it also bought Authentic Gaming to incorporate innovative streaming technologies to bring together its offline and online gaming experiences.
Despite the closure of its casinos worldwide due to the Covid-19 pandemic, Genting said its online business had performed within expectations in Q1.
AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.