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Daily Asia Gaming eBrief: Highlands boosts Genting Malaysia 1Q24 results

Good Morning. All is well in the Highlands. According to Genting Malaysia Berhad‘s first quarter results, the company saw strong performance in both gaming and non-gaming, with ongoing investments planned. The group continues to keep its eye on New York, to see if it can get one of the three licenses up for grabs. And in Singapore, Marina Bay Sands‘ further expansion plans align with the company’s commitment to extend its license exclusivity, points out an expert.

What you need to know

  • Resorts World Genting saw upticks in both gaming and non-gaming revenue during the first quarter, driving Genting Malaysia’s uptick.
  • Marina Bay Sands’ expansion plans are “part of the company’s commitment to extend its license exclusivity,” notes an expert.

On the radar


AGB Intelligence

MALAYSIA

Genting Malaysia sees profit and revenue upticks

Genting Malaysia Berhad saw strong returns during the first quarter of the year, boosted by both gaming and non-gaming revenue from its casino-resort in Malaysia. The group continues to invest in the property, planning new ecotourism features, while it also tries its hand at a casino license in the US state of New York.


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AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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