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Malaysia
Economic Impact of Gambling in Malaysia Under Threat as PAS Promises to Shut Down Genting Casino Resort in Pahang
As Malaysia heads toward its 16th General Election, political tensions are heating up, particularly in the state of Pahang, where the Malaysian Islamic Party...
Genting Malaysia’s $525 Million Bond Offering and New Credit Facilities: What It Means for the Company
Genting Malaysia Berhad is undertaking a major financial maneuver with its announcement of a $525 million bond offering. This issuance involves 7.250% Senior Unsecured...
Genting Malaysia Berhad Reports Strong Financial Performance for H1 and Q2 2024
Genting Malaysia Berhad has delivered impressive financial results for the first half (H1) and second quarter (Q2) of 2024. The company’s performance underscores its...
Genting Malaysia Berhad’s Profit Soars to MYR62.8 Million in Q2 2024 Amid Global Revenue Growth
In the second quarter of 2024, Genting Malaysia Berhad achieved a remarkable turnaround, with its profit more than doubling to MYR62.8 million (US$14.6 million)....
RGB International Bhd Reports a Significant Drop in Profit Due to Decline in Core Sales Division
RGB International Bhd, a Malaysia-based distributor of gaming products, reported a profit before tax of MYR20.5 million (US$4.7 million) for the three months ending...
Recent POGO Ban: Insights from RGB and DigiPlus
The recent ban on Philippine Offshore Gaming Operators (POGOs) has sparked widespread concern among stakeholders in the gaming industry.
RGB's Assurance to Stakeholders
RGB has proactively...
Phillip Capital Maintains “BUY” Rating on Genting Malaysia: Positive Outlook Amid US Expansion and New York Casino License Prospects
Phillip Capital has reaffirmed its “BUY” rating for Genting Malaysia Bhd, driven by optimistic developments in the United States market and a promising timeline...
Singapore and Malaysia’s Joint Operation Against Transnational Illegal Betting Ring Results in 43 Arrests and Significant Asset Seizures
In a concerted effort to dismantle a transnational illegal betting ring, the Singapore Police Force (SPF) and Royal Malaysia Police (RMP) carried out a...
Boosting Macau’s Tourism: Insights and Strategies from MGTO’s Roadshow in Malaysia
The Macao Government Tourism Office (MGTO) and Macau’s six concessionaires are gearing up for a significant event aimed at enhancing international visitation to Macau....
China-Malaysia Visa-Free Extension: Implications for Tourism and Economic Recovery
In recent developments, China and Malaysia have extended their reciprocal visa-free policies, signaling a deeper commitment to tourism cooperation between the two nations. Initially...