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Focus Gaming News Asia Pacific | Genting Malaysia

Genting Malaysia

Check the latest Genting Malaysia news

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07/12/24

Genting Malaysia unit redeems US$276.9m in medium-term notes

GENM Capital has completed an early redemption of over half of a 2015 issuance.

06/12/24
LeoVegas considers bond issue to finance expansion

Genting Malaysia issues US$84.7m in medium-term notes

05/31/24

Genting Malaysia posts net profit of US$7.8m for Q1

Net profit was down 83.1 per cent in quarter-on-quarter terms.

03/19/24

Genting Malaysia revenue to rise 1.7% this year, analysts say

The casino operator is expected to see minimal revenue growth in 2024.

03/01/24

Genting Malaysia revenue up 12% in Q4

Genting Malaysia’s revenue reached MYR2.72bn (US$573m) in the fourth quarter.

02/29/24

Resorts World Genting closes two gaming areas for property upgrades

Genting Malaysia is upgrading the casino complex.

01/11/24

Genting Malaysia buys US$100m stake in US casino operator Empire Resorts

With this investment, Genting Malaysia boosted its ownership stake in the U.S.-based casino operator to 90 per cent.

11/24/23

Genting Malaysia posts net profit of US$37.9m for Q3

The figure was up 276.6 per cent in quarter-on-quarter terms.

11/24/23
Financial graphic, a pen, and a dollar.

Maybank raises Genting earnings estimates after strong Q3 performance

10/19/23

Maybank cuts Genting Malaysia’s earnings forecast

The bank has cut its forecast due to a rise in service tax in Malaysia.

09/21/23
Man with computer analysing graphics.

Fitch Ratings says Genting Malaysia outlook remains stable

08/25/23

Genting Malaysia revenue up 14% in Q2

The casino operator has posted a profit of MYR30.3m (US$6.5m) for the second quarter of the year.

06/30/23

Genting revenue in Malaysia and Singapore to reach 85-90% of 2019 levels

Fitch Ratings notes the increase in visitors at Genting Group’s casino resorts.

06/23/23

Genting Malaysia Miami land sale falls through

The buyer requested changes to the US$1.23bn deal.

06/16/23

Genting Malaysia shareholders approve Miami land sale

Genting Malaysia has confirmed the sale of its 15.47-acre property to Smart City Miami.

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.