Malaysia | World Casino News

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

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...

Malaysia investigating tougher rules against illegal gambling

Adam Morgan

October 31, 2017

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Unlicensed Operation, Online Gambling News, Malaysia

In Malaysia, Deputy Prime Minister Ahmad Zahid Hamidi has reportedly revealed that the government is considering whether to tighten the rules on illegal gambling due to a recent explosion in the use of mobile d...

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...

Gambling raids in Johor net more than 2,000 arrests

Kim M

June 16, 2017

Latest Casino and Gambling News, Unlicensed Operation, Online Gambling News, Malaysia, Crime

Police in Johor detained over 2,000 people in a combined 388 raids conducted on unlicensed online gambling premises across the Malaysian state from June 1 to June 10, according to local news agencies. Of the...

Illegal gambling crackdown nets 80 people in Sarawak

Kim M

June 12, 2017

Borneo, Latest Casino and Gambling News, Asian Casino News, Malaysia

Over the past two weeks, 80 people, including 24 women, were arrested as part of a crackdown on illegal gambling in Sarawak, one of the two Malaysian states on the island of Borneo. Local news agency, New St...

Diplomatic row between China and South Korea could be helping Malaysia

Adam Morgan

May 9, 2017

Latest Casino and Gambling News, Economy/Finance, Malaysia

1

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...

Lucrative year on the cards for RGB International

Adam Morgan

March 27, 2017

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Malaysia

Malaysian electronic gaming machine manufacturer RGB International has reportedly declared that it is hoping to deliver equipment worth about $40 million this year to clients across Asia including those in the ...

Exclusive interview: Podiumspot to officially unveil Crusino project April 3; World’s largest casino cruise ship

Lars Jones

January 29, 2017

Latest Casino and Gambling News, Casino proposals, Casino Cruise Ships, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Casino moguls, Macau, Malaysia

2

On April 3, 2017, Kuala Lumpur-based Podiumspot Capital Group's CEO, Mr. Tim Leonard will reveal some of the unique features that will set the world's largest casino cruise ship, Crusino, apart from any other. ...

Genting Group book-building exercise meets with success

Adam Morgan

January 20, 2017

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

An effort by Malaysian casino giant Genting Group to raise some $1 billion in cash has reportedly met with success after its recent offer of guaranteed unsecured fixed-rate notes due in 2027 was met with an alm...

Malaysian firm announces plan to build world’s largest cruise ship casino

Adam Morgan

January 9, 2017

Latest Casino and Gambling News, Casino Cruise Ships, Malaysia

In Malaysia, a firm named Podiumspot Capital Group has reportedly announced plans to build the world’s largest floating casino as part of a new cruise ship set to be christened the Crusino. According to a re...

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...

Malaysian Inspector General of Police says no evidence to prove Malaysia is Asian match-fixing hub

Renee Kingsley

November 9, 2016

Latest Casino and Gambling News, Unlicensed Operation, Sports betting, Malaysia, Racketeering, Singapore

During the recent Global Lottery Monitoring System (GLMS) forum in Singapore, Chris Eaton the ex-FIFA security chief stated that Singapore was no longer the center for match-fixing in Asia as the match-fixing s...

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...

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

Spintec brings multi-game amphitheater solution to Malaysia

Malaysia investigating tougher rules against illegal gambling

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

Gambling raids in Johor net more than 2,000 arrests

Illegal gambling crackdown nets 80 people in Sarawak

Diplomatic row between China and South Korea could be helping Malaysia

Lucrative year on the cards for RGB International

Exclusive interview: Podiumspot to officially unveil Crusino project April 3; World’s largest casino cruise ship

Genting Group book-building exercise meets with success

Malaysian firm announces plan to build world’s largest cruise ship casino

Former Berjaya Group boss may revisit Malaysian casino license application

Malaysian Inspector General of Police says no evidence to prove Malaysia is Asian match-fixing hub

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

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

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