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Focus Gaming News Asia Pacific | Genting Malaysia

Genting Malaysia

Check the latest Genting Malaysia news

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07/01/21

Genting Malaysia applies for one of five digital bank licences

Genting Malaysia has applied for one of the digital bank licences to be issued by Malaysia’s central bank during the first quarter of 2022. Forty companies are competing for five licences.

06/30/21

Malaysia extends Covid-19 restrictions

Malaysia’s government has announced that current measures will be extended until daily Covid-19 cases drop below 4,000.

06/12/21

Genting Malaysia invests in digital technology company

Genting Malaysia was behind a round of funding for financial technology company Sightline Payments, which has recently acquired casino mobile application developer Joingo LLC.

06/09/21

Resorts World Genting likely to be closed for 3 months

Maybank Investment Bank believes Resorts World Genting will remain closed for three months due to a rise in Covid-19 cases in Malaysia.

06/02/21

Resorts World Genting announces complete closure

Genting Malaysia has closed all operations at Resorts World Genting until further notice due to a total lockdown ordered by the government.

05/31/21

Analysts cut revenue forecast for Genting Malaysia

Nomura has revised its forecast to US$1.26bn in revenue for 2021.

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.

05/21/21

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

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.

04/22/21

Genting Malaysia to post core net loss of US$93.5m, analysts say

Maybank Investment Bank forecasts that Genting Malaysia will record a core net loss of US$93.5m for 2021.

04/15/21

Genting Malaysia issues US$1.0bn in notes to refinance borrowings

Genting Malaysia has issued unsecured notes to refinance existing borrowings and raise cash for capital needs.

04/08/21

Genting Malaysia should reach pre-pandemic level EBITDA by 2022

Genting Malaysia’s Resorts World Genting has recovered to 66 per cent of 2019 Q3 revenue.

03/18/21

Genting Malaysia earnings to fall 10% in 2021, analysts say

Genting Malaysia continues to feel the impact of the Covid-19 pandemic. but earnings should improve during the second quarter.

03/03/21

Genting Malaysia to cut salaries

Genting Malaysia Bhd is planning to cut salaries to reduce costs as the impact of the Covid-19 pandemic continues.

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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.