Resorts World Genting | World Casino News

DraftKings Incorporated stake for The Walt Disney Company

May 21, 2019

Casino Sales, Latest Casino and Gambling News, U.S.A., Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy Sports

Despite its perceived long-standing antagonism towards gambling, it would reportedly seem that The Walt Disney Company now controls a stake in daily fantasy sports and online sportsbetting firm, DraftKings Inco...

Genting Malaysia Berhad facing countersuit in California

Adam Morgan

January 25, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Casino project updates, Malaysia, Fines, Lawsuits & Litigation

After initiating a $1.75 billion legal action against the newly-purchased Twenty-First Century Fox Incorporated subsidiary of The Walt Disney Company in November, Asian casino operator, Genting Malaysia Berhad,...

Genting Malaysia Berhad names new Deputy Chief Executive Officer

Adam Morgan

January 2, 2019

Latest Casino and Gambling News, Employment & Careers, Malaysia

Asian casino operator, Genting Malaysia Berhad, has reportedly announced that it has appointed Lim Keong Hui to serve as its new Deputy Chief Executive Officer as it looks to reverse a recent third-quarter defi...

The Void launches at Resorts World Genting Malaysia

K Morrison

December 8, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Malaysia

In what is a significant first step in its planned expansion in Asia, on Thursday, Resorts World Genting launched a virtual reality "experience center" in partnership with Utah based builder and operator of vir...

Resorts World Genting expects influx of Indian tourists by 2020 after redevelopment

K Morrison

December 13, 2017

Latest Casino and Gambling News, Casino project updates, Malaysia

Casino operator Genting Malaysia BHD (GENM:Bursa Malays) is redeveloping its Resorts World Genting (RWG) casino resort in the hope that the completed gambling and entertainment facility will see an increase in ...

Renovation costs impact Genting Malaysia’s third-quarter bottom line

Adam Morgan

November 28, 2017

Latest Casino and Gambling News, Economy/Finance, Malaysia

Asian casino giant Genting Malaysia has released its unaudited financial results for the three months to the end of September showing a 65.2% drop year-on-year in overall profit to $47.13 million despite a 3.16...

Spintec brings multi-game amphitheater solution to Malaysia

Adam Morgan

November 27, 2017

Latest Casino and Gambling News, Casino News, Mergers, Acquisitions & Partnerships, Malaysia

In Malaysia, gaming machine innovator Spintec has reportedly installed one of its multi-game amphitheater solutions inside the newly-refurbished Resorts World Genting featuring 50 of its stand-alone Karma elect...

Higher operating costs hurt Genting Malaysia’s second-quarter results

Adam Morgan

August 28, 2017

Latest Casino and Gambling News, Economy/Finance, Malaysia

Asian casino giant Genting Malaysia has blamed unfavorable foreign exchange transactions along with higher operating costs after its net profit for the three months to the end of June fell by 59.4% year-on-year...

Diplomatic row between China and South Korea could be helping Malaysia

Adam Morgan

May 9, 2017

Latest Casino and Gambling News, Economy/Finance, Malaysia

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The ongoing diplomatic dispute between China and South Korea could reportedly be helping casino operators in other Asian nations including Genting Malaysia via its Resorts World Genting integrated casino resort...

Genting Group remains devoted to proposed Resorts World Miami project

Adam Morgan

February 2, 2017

Latest Casino and Gambling News, Casino proposals, Casino News, Florida

The long-running attempt by Genting Group to bring a giant casino to downtown Miami is back in the news after the Malaysian firm reportedly asked the Federal Aviation Administration to re-approve its plan to co...

Former Berjaya Group boss may revisit Malaysian casino license application

Adam Morgan

December 1, 2016

Latest Casino and Gambling News, Casino News, Licenses, Malaysia

In Malaysia, the founder of the Berjaya Group conglomerate is reportedly considering the possibility of applying for a full casino license and breaking the local monopoly Genting Malaysia has held since the ope...

Resorts World Genting expansion to add tables in new venue without expanding casino footprint

Renee Kingsley

October 25, 2016

Latest Casino and Gambling News, Casino expansion projects, Malaysia

Genting Malaysia Bhd announced in December 2013 that it plans to roll out a special ten year Genting Integrated Tourism Plan (GITP) that would cost the company around RM 10 billion and would involve a significa...

Genting posts strong second quarter results due to UK gaming and Malaysia operations

Renee Kingsley

August 30, 2016

Latest Casino and Gambling News, Malaysia, Financial Press Releases, Singapore

Genting Malaysia, the entertainment conglomerate recently announced that it has had a strong second quarter and its net profit rose to 294.7 million ringgit, which was a 334 percent increase when compared to th...

Genting Group floats unique Miami marina proposal

Adam Morgan

July 28, 2016

Latest Casino and Gambling News, Casino project updates, Florida

Malaysian firm Genting Group has floated a unique proposal to environmental regulators in Florida in hopes of receiving permission to build a 50-yacht marina on a waterfront site it owns in downtown Miami. G...

Fitch Ratings reaffirms Genting Berhad’s A- grade

Adam Morgan

July 4, 2016

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

Credit ratings agency Fitch Ratings has reaffirmed the long-term foreign-currency issuer default rating (IDR) and unsecured rating of “A-” held by casino operator Genting Berhad thanks to its “strong market pos...