Genting Malaysia Berhad (GENM:Bursa Malays) subsidiary, Genting Singapore Limited (SGX: G13), both under the Genting Group umbrella, has entered into an agreement with Japanese multinational corporation Canon Inc. (7751:Tokyo) that will see the two companies establish a partnership relating to “cutting-edge technologies, products and solutions” for a world-class IR (integrated resort).
Included in the ‘basic agreement’ is the implementation of Canon’s intelligent surveillance, security and video solutions, which, in addition to the gaming floor at its giant Resorts World Sentosa development in Singapore, will be utilized at other attractions as well.
Along with increasing both security and surveillance, the technology will additionally enable the production of new attractions-related content at RWS, such as ‘experience-based entertainment and imagery’ for use on social media.
The new monitoring and security related solutions will be introduced by Genting and Canon this year, according to the source.
Commenting on the recent collaboration, Chief Corporate Officer for Genting Singapore, Nanami Kasasaki, said…
“For the 10 years since we started RWS, Canon has been one of Genting’s top office equipment suppliers.
“We are very pleased that this two-way partnership will deepen our cooperation in the future. We look forward to working with Canon to take on the world’s best and most innovative, next-generation IR development,” as reported by Inside Asia Gaming.
Expansion and IR plans:
In April, Genting Singapore announced a massive expansion plan for what is Singapore’s first IR, with the US$3.3 billion investment to include a new tower featuring luxury rooms, a 15,000-seat arena, and more. The company is still reportedly actively pursuing one of three licenses to develop an integrated resort in Yokohama, Japan after in late February this year confirming that it would not be pursuing its bid for one in Osaka.
Advanced IR technologies:
Also commenting on the tie-up, Canon Executive Officer and President of Canon Singapore Pte. Ltd, Noriko Gunji, added…
“I’m very pleased that this collaboration with Genting can be extended to surveillance and security business with intelligent functions. Our state-of-the-art camera equipment and intelligent solutions are certified to comply with Singapore’s stringent regulatory requirements and are very appropriate for installation and use at RWS.
“The collaboration with Genting also includes the implementation of Canon’s video solution technology to RWS’ front line entertainment facilities. We are confident that Canon’s projection mapping and content solutions will provide a unique experience for guests throughout the entire resort.”
Earlier this month, Genting Singapore Ltd announced that would be initiating a round of layoffs in order to better cope with a recent downturn in business caused by the coronavirus pandemic. After being temporarily shuttered from April 7, 2020, the 120-acre integrated casino resort along with the rival Marina Bay Sands venue began reviving non-gaming operations from June 19 in advance of partially re-opening their casinos on July 1.