Malaysia | World Casino News

Malaysia’s Only Casino Faces Closure Threat Amid Islamic Party’s Rise

September 17, 2024

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Unsavory reports, World Casino News, Gaming Industry News, Asian Casino News, Malaysia

The Resorts World Genting, Malaysia’s sole casino operator, is currently under threat of closure due to the rising political influence of an Islamic party, Parti Islam Se-Malaysia (PAS). Since 1969, the Genting...

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

Vanja Mitic

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...

AG2 Expands Global Footprint with Seven New Licenses and International Offices

Johnny K.

June 19, 2024

Aruze Gaming Global (AG2), a casino equipment manufacturer based in Las Vegas, Nevada, has announced significant strides in its expansion across North America and Asia, having successfully met the stringent req...

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...

Southern Thailand’s Songkhla Province Calls for Casino Resort to Revive Sluggish Tourism near Malaysian Border

Johnny K.

May 22, 2024

Latest Casino and Gambling News, Casino proposals, Casino News, World Casino News, Gaming Industry News, Asian Casino News, Malaysia, Thailand

Tourism operators in Thailand’s southern province of Songkhla, which borders Malaysia, are urging the national government to consider the establishment of a casino resort to bolster tourism during off-peak peri...

Anwar Ibrahim’s Resolute Stand Against Casino Expansion in Malaysia

Vanja Mitic

May 14, 2024

Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Licenses, Asian Casino News, Malaysia

Malaysian Prime Minister Anwar Ibrahim's recent declaration categorically rebuffing the notion of approving a second casino in Malaysia has stirred significant discourse within the nation. During an exclusive i...

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Marija Malenovic

April 25, 2024

Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Asian Casino News, Malaysia, Licensing, Singapore

Anwar Ibrahim, the Prime Minister of Malaysia, has reportedly met up with 2 of Malaysian's top business leaders, including Lim Kok Thay, CEO of Genting Malaysia Bhd, to talk about the chance of issuing a 2nd ca...

Intralot Extends Supply Agreement with Magnum Corporation for Seven Years

Radosav Milutinovic

March 1, 2024

Casino Destinations, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Online Gambling News, Malaysia, Mergers, Acquisitions & Partnerships

International iGaming technology provider, Intralot, has extended the contract with Malaysian gaming company Magnum Corporation to continue supplying technology to the company for seven years more years. The ex...

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

Radosav Milutinovic

February 27, 2024

Casino Sales, Latest Casino and Gambling News, Casino Destinations, Casino 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...

Police Arrests Almost 2,000 People in Malaysia Because of Illegal Betting and Lottery

Vanja Mitic

October 13, 2023

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Unlicensed Operation, Online Gambling News, Mergers, Acquisitions & Partnerships, Malaysia, Crime, Fines, Lawsuits & Litigation

A huge enforcement operation was conducted in Malaysia recently, and the results were significant. Almost 2,000 people were arrested during one of the raids related to illegal gambling. Special Op Dadu: S...

Syndicate Member Pleads Guilty for Recording Cards in Singapore Casino To Win Over $430,000

Radosav Milutinovic

October 4, 2023

Casino Destinations, Latest Casino and Gambling News, Casino News, Deal Me In, Gaming Law & Legislation, Taiwan, Casino Cheating, World Casino News, Gaming Industry News, Online Gambling News, Asian Casino News, Malaysia, Crime, Singapore

Malaysian Tan Kian Yi, 35, pleaded guilty for the illegal gambling activity conducted in the premises of Marina Bay Sands (MBS) casino in Singapore. Accused of four charges under the Casino Control Act, Tan rep...

Possible Revival Of Two Casino Projects In US Means Well For Genting Malaysia

Marija Malenovic

September 11, 2023

Following the possible continuation of two crucial casino projects in the US, Maybank Investment Bank commented in a note published on September 10 that they "could raise Genting Malaysia’s long-term earnings e...

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, Economy/Finance, Casino moguls, 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...

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Malaysia’s Only Casino Faces Closure Threat Amid Islamic Party’s Rise

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

AG2 Expands Global Footprint with Seven New Licenses and International Offices

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

Southern Thailand’s Songkhla Province Calls for Casino Resort to Revive Sluggish Tourism near Malaysian Border

Anwar Ibrahim’s Resolute Stand Against Casino Expansion in Malaysia

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Intralot Extends Supply Agreement with Magnum Corporation for Seven Years

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

Police Arrests Almost 2,000 People in Malaysia Because of Illegal Betting and Lottery

Syndicate Member Pleads Guilty for Recording Cards in Singapore Casino To Win Over $430,000

Possible Revival Of Two Casino Projects In US Means Well For Genting Malaysia

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

Genting Malasyia Raises $112M To Fund IRs Renewal

Winbet Faces Regulatory Scrutiny for Unlicensed Operations in the Netherlands

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Svenska Spel Reports Varied Q3 Performance Amid Regulatory Changes

Tabcorp’s Retail Betting Outperforms Digital as Economic Shifts Drive Strategic Overhaul

BML Properties Awarded $1.6 Billion in Baha Mar Casino Resort Fraud Case