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HLIB Research: Tourist Influx Spurs Growth in Malaysia’s Gaming Sector

July 23, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases, Singapore

The second half of 2024 is expected to mark a significant recovery for the gaming sectors in Malaysia and Singapore.?Hong Leong Investment Bank Research?(HLIB Research) has advised investors to maintain an?"ove...

Genting Malaysia Assures Shareholders: Casinos to Remain Open Amid Strong RWG Performance

Johnny K.

June 14, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases

Genting Malaysia Berhad's President and Chief Operating Officer (COO), Tan Kong Han, has reassured shareholders that the company’s casinos will continue operating, attributing this to the robust performance of ...

Resorts World Genting Reports 25% Revenue Surge in Q1, Genting Malaysia Berhad Records 21% Increase

Vanja Mitic

May 31, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases

Resorts World Genting and Genting Malaysia Berhad have reported robust financial performances in the first quarter of 2024, with substantial revenue growth and promising outlooks despite market challenges. R...

Resort World Genting Closes Circus Palace and Hollywood Casinos from February 28 Until Further Notice

Radosav Milutinovic

February 27, 2024

Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino closures, Gaming Industry News, Asian Casino News, Online Gambling News, Malaysia

The Malaysian sole entertainment and casino property Resorts World Genting announced that its Circus Palace and Hollywood casinos will be closed from February 28 onwards. As reported, the company gave no furthe...

Genting Malaysia Sees Profit Rise In 2Q23 Thanks To Return Of Foreign Tourists

Marija Malenovic

August 25, 2023

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases

Genting Malaysia has revealed its earnings report for the period of 3 months to June 30, 2023, showing a profit of MYR30.3 million (US$6.5 million), meaning it managed to turn the better a loss of MYR42.3 milli...

Genting Malasyia Raises $112M To Fund IRs Renewal

Marija Malenovic

May 8, 2023

Casino News, Latest Casino and Gambling News, Casino expansion projects, New Hotels, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Asian Casino News, Malaysia

On May 8, Genting Malasyia Bhd, one of the world's leading leisure and hospitality corporations and owner of Malaysia's casino monopoly at Resorts World Genting, disclosed that it is raising MYR500 million in t...

Genting Gets US$1.5 Billion Bid for Miami Property, Continues New York Developments

Radosav Milutinovic

March 27, 2023

U.S.A., Las Vegas, Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Casino moguls, Licensed online casinos in USA, Florida, Malaysia, New York

Malaysian top-tier gaming operator, Genting Berhad, has recently announced the sale of 16 acres of land of its premium Miami real estate property. According to the Bloomberg report cited by IAG, the casino gian...

Genting Malaysia Berhad boss looking to enter the Macau casino market

Adam Morgan

September 15, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Macau

In Macau and a company linked to the boss of prominent Asian gambling operator Genting Malaysia Berhad has reportedly applied for one of the enclave’s coming ten-year casino licenses. According to a report f...

Pessimistic revised annual financial forecast for Genting Malaysia Berhad

Adam Morgan

July 20, 2022

Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Employment & Careers, Malaysia

Respected international financial services firm CGS-CIMB has reportedly predicted that Asian casino operator Genting Malaysia Berhad will likely generate a net profit of approximately $97.93 million for the who...

Welcomed first-quarter improvement for Genting Malaysia Berhad

Adam Morgan

May 26, 2022

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Bahamas, Economy/Finance, African Casino News, Asian Casino News, United Kingdom

Asian casino operator Genting Malaysia Berhad has reportedly released its first-quarter financial results showing that its aggregated revenues for the three-month period had increased by 176.2% year-on-year to ...

Genting Malaysia’s Skyworlds outdoor theme park set to host soft opening this week

Sadonna Price

February 7, 2022

Latest Casino and Gambling News, Casino expansion projects, Asian Casino News, Malaysia

After announcing a brand-new theme park project back in 2013, Genting Malaysia is finally ready to open the new space. SkyWorlds outdoor theme park will begin a soft opening this Tuesday. The goal is to bring m...

Singapore and Malaysia annual aggregated casino revenues to recover in 2022

Adam Morgan

November 24, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Malaysia, Singapore

Prominent credit ratings agency Fitch Ratings Incorporated has reportedly predicted that Singapore’s aggregated casino revenues for the whole of next year will likely hit around 75% of their 2019 levels at appr...

Genting Malaysia Berhad experiencing American casino resurgence

Adam Morgan

November 2, 2021

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance

The recent performance of the three casino resorts run by Genting Malaysia Berhad in the United States reportedly bodes well for the firm as it prepares to re-open its gambling-friendly facilities in Malaysia a...

Resorts World Genting to potentially remain shuttered until November

Adam Morgan

August 17, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Malaysia

In Malaysia and the impressive Resorts World Genting development from Asian casino operator Genting Malaysia Berhad could reportedly stay closed until November due to fears associated with the ongoing coronavir...

Genting Malaysia Berhad to instigate second round of pay cuts

Adam Morgan

March 4, 2021

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Malaysia, Labor Relations

Asian casino operator Genting Malaysia Berhad is reportedly planning to implement a second round of temporary salary cuts in an attempt to reduce costs following a recent downturn in business caused by the ongo...

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HLIB Research: Tourist Influx Spurs Growth in Malaysia’s Gaming Sector

Genting Malaysia Assures Shareholders: Casinos to Remain Open Amid Strong RWG Performance

Resorts World Genting Reports 25% Revenue Surge in Q1, Genting Malaysia Berhad Records 21% Increase

Resort World Genting Closes Circus Palace and Hollywood Casinos from February 28 Until Further Notice

Genting Malaysia Sees Profit Rise In 2Q23 Thanks To Return Of Foreign Tourists

Genting Malasyia Raises $112M To Fund IRs Renewal

Genting Gets US$1.5 Billion Bid for Miami Property, Continues New York Developments

Genting Malaysia Berhad boss looking to enter the Macau casino market

Pessimistic revised annual financial forecast for Genting Malaysia Berhad

Welcomed first-quarter improvement for Genting Malaysia Berhad

Genting Malaysia’s Skyworlds outdoor theme park set to host soft opening this week

Singapore and Malaysia annual aggregated casino revenues to recover in 2022

Genting Malaysia Berhad experiencing American casino resurgence

Resorts World Genting to potentially remain shuttered until November

Genting Malaysia Berhad to instigate second round of pay cuts

Tabcorp Ordered to Overhaul Operations After Major Compliance Failures

Thaksin Shinawatra Backs Casino Resorts as Key to Thailand’s Economic Revival

Evoke Acquires New Gambling Solutions to Boost Romanian Market Presence

NFL Players Association Files Lawsuit Against DraftKings Over NFT Platform Closure

Sweepstakes Casinos Are Dominating Right Now, But Are They Here To Stay?

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