Malaysia | World Casino News

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

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...

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...

Genting Malaysia to invest heavily into its Resorts World Genting Casino

Renee Kingsley

April 8, 2016

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

Genting Malaysia Bhd is the parent company of the Resorts World Genting Casino, which is Malaysia’s biggest and only legal casino. Senior executives from Genting Malaysia recently sat down with analysts from th...

Australian authorities keeping close watch on Paul Phua’s activities in Melbourne

Renee Kingsley

February 1, 2016

Australia, Illegal Bookmaking, Asian Casino News, Sports betting, Malaysia

Malaysian poker player Paul Phua has a built a reputation for himself as a high stakes poker player but has also gained attention over the years for being a key player in the global match fixing business. Ph...

Genting Malaysia Big Apple acquisition for possible new U.S. projects

Kim M

January 8, 2016

Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Asian Casino News, Mergers, Acquisitions & Partnerships, Malaysia, New York

The Genting Group’s investment holding and management company, Genting Malaysia Berhad, has acquired full equity interest in Big Apple Regional Center LLC from YMCMHB LLC, a foreign limited liability company, f...

Boss of fake casino chip syndicate arrested in Singapore

Kim M

January 3, 2016

Latest Casino and Gambling News, Casino News, World Casino News, Casino Cheating, Gaming Industry News, Asian Casino News, Malaysia, Fines, Lawsuits & Litigation, Singapore

On Saturday a 54-year-old man from Singapore was charged with possession and use of counterfeit casino chips. Toh Hock Thiam was arrested on December 31 in Malaysia by the Singapore Police Force. Toh is beli...

Malaysia seeks new laws to stop online gambling

Sadonna Price

November 25, 2015

Latest Casino and Gambling News, Online gambling regulation, Unlicensed Operation, Malaysia

The Malaysian government is considering adjusting the current laws to stop what they are calling ‘widespread’ activity in online illegal gambling. Datuk Nur Jazlan Mohamed, the Deputy Home Minister, stated on W...

New Genting Malaysia theme park delayed until 2017

Sadonna Price

October 15, 2015

Latest Casino and Gambling News, Casino project updates, Malaysia

On Monday, CIMB Securities Ltd announced that Genting Malaysia Bhd had decided to postpone the opening of a theme park for Resorts World Genting. The resort area, also known as Genting Highlands, is the only ar...

Hong Kong’s Chow Tai Fook partners with VinaCapital to restart $4 Billion Nam Hoi An casino resort

Renee Kingsley

September 7, 2015

Casino openings, Employment & Careers, Asian Casino News, Malaysia, Vietnam

Vietnam has been eager to capitalize on the lucrative gambling industry and the government has encouraged foreign investors to set up mega-casino resorts in the country which cater exclusively to tourists as ga...

Guinness World Records: Resorts World Genting is world’s largest hotel

Kim M

August 22, 2015

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Casino project updates, Malaysia

The First World Hotel in Genting Highlands, the only casino resort in Malaysia, has regained the Guinness World Records title of Largest Hotel in the world, a title previously held by the Venetian Hotel Resort ...

50th anniversary for Genting Group

Alex Lanter

August 20, 2015

Latest Casino and Gambling News, Las Vegas, World Casino News, European Casino News, Malaysia, Singapore, South Korea

About 600 members from Malaysia and abroad celebrated the 50th anniversary of Genting Group at the Grand Ballroom of the Genting Convention Centre on August 15, 2015. The black-tie gala dinner themed "Forging A...

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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

Fitch Ratings reaffirms Genting Berhad’s A- grade

Genting Malaysia to invest heavily into its Resorts World Genting Casino

Australian authorities keeping close watch on Paul Phua’s activities in Melbourne

Genting Malaysia Big Apple acquisition for possible new U.S. projects

Boss of fake casino chip syndicate arrested in Singapore

Malaysia seeks new laws to stop online gambling

New Genting Malaysia theme park delayed until 2017

Hong Kong’s Chow Tai Fook partners with VinaCapital to restart $4 Billion Nam Hoi An casino resort

Guinness World Records: Resorts World Genting is world’s largest hotel

50th anniversary for Genting Group

MGA Issues Warning Over Unlicensed Gambling Sites Misleading Players

Prediction Markets Pose New Credit Risks, Bank of America Warns

UAE’s First Licensed iGaming Platform Play 971 Goes Live

Kalshi Faces Legal Battle Over Alleged Unlicensed Sports Betting Practices

PENN Committee Affirms Board’s Good-Faith Conduct in HG Vora Conflict