Malaysia

Genting Reports Decline in Q3 2024 Revenue and Profit Amid Global Challenges

Genting Berhad, the Malaysian multinational corporation known for its diverse ventures in the gaming and entertainment industry, reported a significant decline in revenue and profit for the third quarter of 202...

AG2 Expands Global Footprint with Seven New Licenses and International Offices

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...

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

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...

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

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

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

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

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...