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Malaysia

The Closure of Two Casinos at Resorts World Genting, Malaysia: A Business Perspective

Resorts World Genting (RWG), Malaysia's premier integrated casino resort, has recently announced the closure of two of its three casinos, effective February 28, 2024....

Genting Malaysia’s Strategic Move in Empire Resorts Raises Concerns and Sparks Analyst Debate

Malaysian investment bank Maybank has revised its earnings estimates for Genting Malaysia, lowering them by MYR40 million (US$8.6 million) per annum. This adjustment comes...

Prospects for Genting Malaysia’s RWG: Projected 60% Earnings Surge in 2024

Genting Malaysia's flagship resort, Resorts World Genting (RWG), anticipates a substantial 60% surge in earnings for 2024, a promising outlook outlined by Maybank's analyst...

Revving Up Sustainability: Resorts World Genting to Host Shell’s First 360kW Ultra-Fast EV Charging Hub in Malaysia

Malaysia's iconic Resorts World Genting is set to undergo a green transformation as Shell Malaysia unveils plans to establish a cutting-edge electric vehicle (EV)...

RGB International Bhd Reports Impressive 3Q23 Performance with 142% YoY Revenue Surge

Malaysian gaming product distributor RGB International Bhd has announced robust financial results for the third quarter of 2023, showcasing a remarkable 142% year-on-year increase...

Malaysia’s Visa-Free Boost: Chinese and Indian Visitors Granted 30-Day Entry Starting December 1

In a bid to revitalize tourism, Malaysian Prime Minister Anwar Ibrahim has unveiled a new visa policy granting 30-day visa-free entry to visitors from...

Genting Malaysia Berhad’s Robust Q3 2023 Performance: A Comprehensive Analysis

Genting Malaysia Berhad has reported a remarkable financial performance for the third quarter of 2023, signaling a strong recovery from the challenges faced in...

IGT and Pan Malaysian Pools (PMP) Extend Partnership to Modernize Malaysian Lottery

International Game Technology (IGT) has solidified its long-standing partnership with Pan Malaysian Pools (PMP) through its subsidiaries, IGT Global Services Limited and IGT Global...

Fitch Cuts Revenue Expectations for Genting Malaysia but Maintains Rating

Fitch Ratings has reduced its revenue expectations for Genting Malaysia, the operator of Resorts World Genting in Malaysia and casinos in New York and...

Bloomberry Resorts Corp’s Earnings Forecast Soars by 23% on Strong H1 Performance

Maybank IBG Research has raised its 2023 earnings forecast for Philippine casino operator and developer Bloomberry Resorts Corp by an impressive 23 percent. This...

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