02/27/21 Genting Malaysia revenue down 57.3% in 2020 The company saw a decline in EBITDA because of restrictions to contain the Covid-19 pandemic.
02/17/21 Genting Malaysia reopens Resorts World venues Operations have resumed at Resorts World Genting (RWG) and Resorts World Awana after being suspended due to Covid-19 countermeasures.
01/15/21 Genting gets negative rating after new Covid-19 restrictions Genting Bhd has been rated negatively by Moody’s due to new restrictions in Malaysia.
01/05/21 Analysts: Resorts World Genting to recover “gradually” Operator could lead the gradual recovery of Genting Malaysia supported by local gamblers.
11/27/20 Genting Malaysia narrows losses in Q3 The casino operator saw revenue start to recover after the reopening of Resort World Genting.
10/20/20 Malaysia: tax hikes not expected for casinos RHB Investment Bank has said a new increase is unlikely as Genting Malaysia is still recovering from the financial hit wrought by the pandemic.
10/12/20 Genting Bhd EBITDA to fall 70%, analyst says The drop in visitors to Resorts World Sentosa and Resorts World Genting will hit earnings hard, Maybank IB forecasts.
09/24/20 Genting Malaysia to “leverage domestic demand” The group has also confirmed its movie-inspired theme park is still scheduled to open in mid-2021.
09/18/20 Genting Malaysia can expect EBITDA turnaround in Q4 With the reopening of its major casinos the company can expect a recovery, according to analysts from Nomura.
09/17/20 Malaysia may tighten Covid-19 restrictions If cases rise in the country, authorities will introduce a Movement Control Order, which involves the closure of casinos.
09/11/20 Malaysia: Genting downgraded to negative RAM Ratings has downgraded Genting Berhad and Genting Malaysia Berhad’s outlooks from stable to negative.
07/22/20 Genting Malaysia sees visits recover by half Both mass-market and VIP have seen a mild recovery since Malaysian casinos began to reopen on June 15.
06/17/20 Genting Malaysia reopens two casinos Resorts World Kijal and Langkawi will reopen on Thursday.
05/26/20 Job cuts expected at Genting Malaysia Operator looking to restructure its business as part of efforts to ride the financial storm created by the Covid-19 pandemic.
