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Local VIPs support Resorts World Genting
Behind the sea of red in Genting Malaysia’s Q3 results, analysts found reason for cheer in the performance of its domestic operations, which generated a positive EBITDA of RM541 million ($133 million) in the quarter.
Genting Malaysia theme park delayed until 2017
Genting Malaysia’s 20th Century Fox theme park opening has been delayed until 2017, which is “a negative development" for the company, according to CIMB...
Morgan Stanley picks Genting Berhad over Genting Malaysia
Morgan Stanley Research said in a note that consensus expectations of Genting Malaysia’s growth locally remain too high, and the company’s overseas earnings remain...
Magnum net profit up 10 percent in 15Q1
Malaysian lottery operator Magnum Bhd announced that net profit for 15Q1 rose 10 percent to RM90.8 million ($24.2 million), from RM82.5 million during the...
Malaysian authorities block a total of 536 illegal gambling sites
Malaysian authorities have blocked a total of 536 illegal gambling websites under the Common Gaming Houses Act 1953 as of April this year.
According to...
Phua renounces Malaysian citizenship
Paul Phua, the gambling kingpin on trial in the US, has given up his Malaysian citizenship to become a national of Montenegro.
Montenegrin media reported...
Paul Phua has prior conviction for same offense in Malaysia
According to local Malaysian media citing police documents, gambling kingpin Paul Phua Wei-seng was arrested in Malaysia in 2004 and convicted for his involvement...
Malaysia’s home minister vouches for gambling kingpin
Malaysia’s Home Minister Datuk Seri Ahmad Zahid Hamidi has reportedly vouched for a Malaysian who is facing illegal bookmaking charges in Las Vegas, the...