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Holding Company
resortsworldglobal.genting

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Investments

2

Portfolio Exits

1

Partners & Customers

2

About Resorts World

Resorts World is a hospitality and casino brand owned by the Genting Group.

Resorts World Headquarter Location

Malaysia

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Research containing Resorts World

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CB Insights Intelligence Analysts have mentioned Resorts World in 1 CB Insights research brief, most recently on Apr 26, 2021.

Latest Resorts World News

Las Vegas operators Resorts World and Westgate issue vaccine mandates for staff

Sep 14, 2021

By Gambling Insider   Resorts World has become the latest Las Vegas operator to issue a vaccine mandate for its employees. As of 13 September, all new hires must now present proof of vaccination before they can start work, the operator has revealed. This comes in the wake of a similar announcement by the off-Strip Westgate casino resort, whose CEO David Siegel stated on Friday 10 September that it will require all workers to be vaccinated by 15 October. Siegel recently told staff in a memo that he survived a tough battle with Covid-19 in July and encouraged employees to seek vaccination as soon as possible. “The doctors who treated me told me that had I not been vaccinated, I likely would not be here today to share this story with you,” said Siegel. “The antibodies in my blood from being vaccinated helped me fight the virus and, to put it simply, the Covid-19 vaccine saved my life.” Following a federal order by President Joe Biden, Las Vegas has seen its major operators scramble to institute vaccine mandates. All businesses with 100 or more employees must now make the choice between seeing their workers vaccinated against Covid-19 or face weekly testing. Both Wynn Resorts and Las Vegas Sands require their employees to be vaccinated or tested every week.

Resorts World Investments

2 Investments

Resorts World has made 2 investments. Their latest investment was in Bukalapak as part of their Series F - II on April 4, 2021.

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Resorts World Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/14/2021

Series F - II

Bukalapak

$234M

Yes

6

10/10/2018

Series B

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$99M

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10

Date

4/14/2021

10/10/2018

Round

Series F - II

Series B

Company

Bukalapak

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Amount

$234M

$99M

New?

Yes

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Co-Investors

Sources

6

10

Resorts World Portfolio Exits

1 Portfolio Exit

Resorts World has 1 portfolio exit. Their latest portfolio exit was Bukalapak on August 06, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/6/2021

IPO

$991

31

Date

8/6/2021

Exit

IPO

Companies

Valuation

$991

Acquirer

Sources

31

Resorts World Partners & Customers

2 Partners and customers

Resorts World has 2 strategic partners and customers. Resorts World recently partnered with Hilton Worldwide on February 2, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

2/20/2020

Partner

Hilton Worldwide

United States

`` Our strategic partnership with Resorts World underscores Hilton 's commitment to expanding our footprint and portfolio of exceptional properties , '' said Ian Carter , president , global development , architecture , design & construction , Hilton .

5

12/6/2018

Partner

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10

Date

2/20/2020

12/6/2018

Type

Partner

Partner

Business Partner

Hilton Worldwide

Country

United States

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News Snippet

`` Our strategic partnership with Resorts World underscores Hilton 's commitment to expanding our footprint and portfolio of exceptional properties , '' said Ian Carter , president , global development , architecture , design & construction , Hilton .

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Sources

5

10

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