Malaysia

Seven people have been arrested in Kuching for their involvement in an illegal online gambling and 4D online transaction centre.

Malaysian police have arrested 51 people who are suspected of being involved in unlicensed public lottery betting.

Casino operator Genting Malaysia said its second quarter net profit fell 59.4 percent year-on-year due to lower Adjusted EBITDA and higher depreciation and amortisation from Malaysian operations.

Genting Malaysia continues to roll out new facilities under a MYR10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year.

Genting Malaysia continues to roll out new facilities under a MYR10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year. The company's new Sky Casino mass floor is now open and the third and fourth floors catering to VIPs are scheduled to open this quarter.



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Genting Malaysia continues to roll out new facilities under a RM10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year.

A massive police crackdown on illegal gambling in Penang has pushed illegal gambling operators into the outskirts of town, and online, according to Penang police chief Commissioner Datuk Chuah Ghee Lye.

Betsoft Gaming have announced that they have signed a partnership deal with a new Asian-facing operator HBet63.

Malaysian casino operator Genting Group has sold its stake in Australia’s The Star Entertainment Group, according to sources speaking to AFR’s Street Talk.

Malaysian conglomerate Berjaya Corp Bhd (BCorp) returned to profit in the financial year ended April 30, 2017, due mainly to gains in the property investment and development segment, but was dampened by its gaming operations.

A total of 2,348 locals and foreigners have been detained by police in Johor for illegal online gambling.

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