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.
10/14/20 RWG to remain open despite Malaysia lockdown While some cities in the country undergo a partial lockdown for two weeks due to new Covid-19 cases, Resorts World Genting will remain open.
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.
09/10/20 Malaysia: online gambling rises during pandemic Due to lockdown measures, online gambling has doubled in the state of Sarawak.
08/28/20 Malaysia to keep borders shut Authorities fear imported cases of Covid-19 would ruin the country’s success in controlling the outbreak.
08/28/20 Genting Group posts US$398m loss for Q2 Revenue was down 80 per cent year-on-year at US$265.5 million.
07/30/20 Singapore-Malaysia travel bubble to start in August The initiative would benefit Marina Bay Sands and Resorts World Sentosa, since Malaysia is one of their main sources for guests and players.
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.
07/01/20 Malaysian gaming may not recover until at least 2021 Travel bans and social distancing measures will injure the finances of local operators well into next year, analysts predict.
06/17/20 Genting Malaysia reopens two casinos Resorts World Kijal and Langkawi will reopen on Thursday.
05/28/20 Genting Highlands theme park delayed again Latest delay attributed to Covid-19 pandemic and likely social distancing measures set to be in place for the foreseeable future.
