Saturday, March 30, 2019

Malaysia

New openings drive Genting gaming volume: RHB

The rollout of new facilities at Resorts World Genting has helped to boost gaming volumes in Q1 and the operator is well placed to...

Malaysia illegal lottery revenue tops legal operators

Malaysia’s illegal lottery business is generating about 60 percent more revenue than the six legal operators combined, local media reports.While the six collectively...

Malaysia police bust online gambling syndicate

Malaysian police have broken up a Chinese gambling syndicate operating out of a luxury home in Selangor, according to local media reports.Police stormed the...

Asia finds its place in iGaming’s new world order

The global igaming industry has enjoyed significant regulatory breakthroughs around the world over the past year, but the emergence of a genuinely international sector...

China influence to define outlook in SE Asia

Regulatory risk, political uncertainty and exposure to a Chinese economic downturn will factor into the performance of casino sectors in Malaysia, Singapore and the...

Genting Malaysia swings to loss in 2018 on impairments

Genting Malaysia swung to a net loss of RM19.6 million (US$4.8 million) in the 2018 financial year, attributed mainly to an impairment loss of...

Police accused of going on “lavish” trip, sponsored by gaming firm

A Malaysian police delegation has come under fire for accepting a “lavish overseas trip” to Turkey, which was allegedly paid for by a private...

Judicial review application for GITP incentive scheme to be heard May 30

The High Court on Thursday confirmed for May 30 to hear Genting Malaysia’s application for a judicial review concerning a tax incentive scheme for...

Fox files counterclaim against GENM, seeks damages

The legal dispute between Genting Malaysia and Walt Disney’s Fox Entertainment Group has intensified after Fox filed a counterclaim seeking damages over an alleged...

RHB maintains ‘buy’ call on Genting

Malaysian brokerage RHB Research on Wednesday announced it is maintaining its “buy” call on Genting Singapore, due to its potential Japan expansion and its...

TRENDING ARTICLES

Nurturing linked progressives

Interview with Aristocrat1) What has been the biggest development for your company in Asia this year?We have been fortunate to have had an exciting...

AGTech wins digital service platform bid from Guangdong Sports Lottery

Lottery solutions provider AGTech Holdings has won an open bidding from Guangdong Provincial Sports Lottery Center to launch a "network service platform", according to...

Korean firms eye Primorye zone

Three firms from South Korea are eyeing projects in the Primorye gambling zone in Russia’s far east, with Summit Ascent, the region’s only existing...

Travellers International 2018 revenue gains on VIP gaming

Travellers International Hotel Group, the operator of Resorts World Manila, reported a 16.9 percent increase in gross gambling revenue for 2018, boosted mainly by...

Rapid expansion seen for 2019

1) What has been the biggest development for your company in Asia this year?A strategically executed 2018 plan has seen eBET’s player base double,...