Genting accepts increase in gaming taxes, says it will work harder to mitigate impact

Published on 28 Feb 2019 7:16:00 PM

Genting Bhd chairman Tan Sri Lim Kok Thay says any increase in gaming taxes is not within its control but the company will work harder to mitigate its effects. Speaking to reporters after the Eminent Speakers conference series at University Malaya in conjunction with Genting Founder's Day on Thursday, Lim added that gaming taxes were not new and Genting understood why the government was increasing the rates as it needed more funds.

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