Search Results for: genting malaysia
Genting Malaysia and Berjaya Corp Deny Involvement in Proposed Casino Project Amidst Allegations
April 29, 2024
Following reports that they had discussions about a possible casino project in southern Malaysia, Genting Malaysia and Berjaya Cor...
Maybank anticipates 1.7% y-o-y increase Genting Malaysia revenue in 2024
March 19, 2024
According to an investment bank, Resorts World Genting, Malaysia's only casino resort, would close its two mass-market gaming floo...
Genting Malaysia announces US$100 million investment into US subsidiary
January 11, 2024
Analysts are concerned after Genting Malaysia revealed a $100 million increase in its US subsidiary, Empire Resorts.
Genting Ma...
Maybank reduces Genting Malaysia profitability forecasts due to two-point service tax increase
October 20, 2023
The operator of Resorts World Genting, the only casino complex with a license in Malaysia, Genting Malaysia Bhd, has had its profi...
Genting Malaysia expresses concern on recent service tax hike in Malaysia
October 16, 2023
Genting Malaysia, the operator of a casino, is concerned about the recent hike in the service tax on companies in Malaysia. Gentin...
Fitch Ratings says Genting Malaysia outlook ‘stable’
September 22, 2023
Fitch Ratings recently assessed the outlook of Genting Malaysia Berhad's (GENM), a Malaysian tourism and gaming conglomerate, as '...
Genting Malaysia profits in 2Q23, reversing previous losses
August 25, 2023
The Malaysian gaming and hospitality operator’s current performance was driven by Resorts World Genting; Nomura also cites retur...
Genting Malaysia Warns of Illegal Online Gambling Sites Using its Brand
March 17, 2023
Genting Malaysia has issued a warning about the fraudulent use of its corporate image to promote online gambling platforms. The ca...
JP Morgan: Genting Malaysia still likely to pursue Macau investment despite missing 10-year concession
November 28, 2022
Genting Malaysia missed out on one of Macau’s new 10-year gaming concessions on Saturday, but that doesn’t mean the company is...
Macau government officially accepts Genting Malaysia bid for casino concession: report
October 19, 2022
A bid by Genting Malaysia subsidiary GMM S.A. for one of the six Macau gaming concessions being offered under the government’s p...