05/27/21 Vietnam’s GDP to continue positive growth According to Fitch Ratings, Vietnam’s economy is expected to continue to grow.
05/27/21 Genting Singapore’s recovery slower than expected, analysts say Brokerage Nomura has reduced its previous EBITDA forecasts for Genting Singapore due to lower than expected revenue in Q1.
05/27/21 Genting Malaysia revenue down 68% in Q1 The company saw a decline in revenue because of restrictions to contain the Covid-19 pandemic.
05/25/21 Resorts World Genting closes casino until further notice The Malaysian casino resort has announced the suspension of its casino due to the new movement control order mandated by the government.
05/25/21 Landing International expects to raise US$17.9m from new shares Landing International plans to use the funds for the maintenance and upgrade of its casino resort Jeju Shinhwa World on South Korea’s Jeju Island.
05/24/21 Vietnam: casinos’ request to expand locals’ access goes unheard In March casino operators in Vietnam asked the government to ease the rules on locals entering casinos, but the government has made no response.
05/22/21 Resorts World Manila revenue down 24% in Q1 Travellers International, the operator of Resorts World Manila, has reported a loss of PHP1.1bn (US$23.0m) for the first quarter.
05/21/21 PH Resorts expects tourism recovery amid vaccination plan PH Resorts hopes for a recovery of the tourist sector as the Philippines’ vaccination plan moves forwards.
05/21/21 Politicians criticise Genting Malaysia opening amid rising Covid-19 cases Two opposition politicians have questioned why Genting Malaysia is allowed to continue operating while the country is seeing a rise in Covid-19 cases.
05/20/21 Philippines horseracing to grow thanks to online betting The Philippines horseracing industry expects sales to reach PHP3bn by the end of the year.
05/20/21 Genting Malaysia stock down 5% after rise in Covid-19 cases Malaysia is facing a rise in Covid-19 cases and authorities are evaluating a stricter lockdown which could affect Genting Malaysia’s operations.
05/20/21 Manila IRs get permission to receive guests Manila;s IRs have been allowed to accept guests for staycations after The Philippines’ president placed Metro Manila under general community quarantine,
05/19/21 Malaysia: 8 busted in raid on gambling operation Police made eight arrests in a second raid in Cheras, Kuala Lumpur, the day after three were arrested in a separate operation.
