Malaysia

 

Genting partners with Hollywood

 

The Genting Group plans to close the theme park at its flagship Genting Highlands resort for at least two years from September 1 for renovation. Two rides closed this month already. Details are expected to be announced on Friday, but sources told the Malaysian Reserve that Genting is to form a partnership with Twentieth Century Fox to upgrade the park. Genting indicated last month that it would invest $1 billion to overhaul the resort.

 

 

Sibu police are hunting for a bettor who allegedly cut the throat of Hasreh Ismail, the banker running an illegal holo dice game. Three other bettors were arrested. The five men involved in the game are construction workers at an Islamic Council building. The alleged attacker had lost heavily in the betting and accused Hasreh of cheating.

 

 

Kuching police raids net eightPolice in Kuching arrested five people for allegedly gambling illegally on the dice game holo. Three women were arrested in a separate raid in connection with an illegal lottery ring that one of them was suspected of running.

Police in Kuching arrested five people for allegedly gambling illegally on the dice game holo. Three women were arrested in a separate raid in connection with an illegal lottery ring that one of them was suspected of running.

 

Police in Miri arrested 13 women, including one seven-months pregnant, for alleged illegal gambling at a house after two days of surveillance. The police said the gambling apparently had been going on, especially during weekends, for several months.

 

 

Genting Group plans to invest roughly M$3 billion ($965 million) to renovate its flagship Resorts World Genting casino resort in Genting Highlands. The resort is expected to add hotel rooms, tables and stores.

 

 

Police arrested 52 people for illegal gambling at an alleged den in a house in Sungai Petani in Kedah state. Those arrested included 47 men and five women.

 

 

Police raided an internet cafe in Kuching and arrested the person in charge and six customers for illegal gambling and seized more than 10 computers.

 

 

Genting Bhd reported a 22 percent decline in pre-tax profits to M$1.22 billion ($398 million) in the first quarter from a year earlier for its leisure and hospitality business, led by its casinos. Revenues for the business slipped 7 percent to M$3.5 billion.

 

Profits for Multi-Purpose Holdings Bhd's gaming business rose 49.8 percent to M$148.4 million ($48.9 million) on lower prize payouts and reduced finance costs. Gaming revenues rose 0.8 percent to M$847 million. The company, which operates a four-digit lottery game, is proceeding with plans to spin-off its non-gaming assets.

 

Pages