Sunday, June 7, 2020

Malaysia

Guoco sells down Blue Square

  Guoco Group's UK-based Rank Group PLC unit sold key assets of its online sports betting business Blue Square to rival Betfair for £5 million...

Kelantan numbers games

  Illegal lotteries, or numbers games, in Kelantan state are generating an estimated 140 million-150 million ringgit ($44 million-$47 million) a month in revenue according...

Sabah gaming parlors raided

  Police arrested four men allegedly operating illegal gambling machines at three sites in two Sabah towns. The police seized 34 computers in the raids...

Genting Group to build Asian-themed Resorts World in Vegas

  The US gaming market was surprised this week by the announcement that Genting Group it is to buy the site of Boyd Gaming’s aborted...

Genting set for expansion year

The Genting Group could be in for an event-driven year according to CIMB Research. The research firm believes the Group is in expansion mode...

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Cambodia cabinet

Cambodia cabinet meets on AML laws

Cambodia’s cabinet, lead by Prime Minister Hun Sen, reportedly met on Friday to discuss long-awaited laws on anti-money laundering, terrorism financing and counter-proliferation financing, The Phnom Penh Post reports. 

Genting Malaysia loses US$96 million in 20Q1 over Covid-19

Genting Malaysia has recorded a net loss of almost RM418 million (about US$96 million) in the first quarter of 2020 compared with a net...

Stanley Ho’s passing should not have impact on SJM: Analysts

The death of Stanley Ho is not expected to have any impact on SJM Holdings’ operations, given Ho’s limited involvement in the business since...