Tags: Malaysia
Malaysia – Resorts World Genting to reopen Malaysian resort casino
Resorts World Genting (RWG), the mountain top resort casino in Malaysia, will reopen at 10am on Friday, 19 June 2020 with enhanced safety measures in place to ensure the health and safety of all guests and employees. Due to limited capacity, entry into SkyCasino at SkyAvenue and Genting Club at Genting Grand Hotel will be…
Malaysia – Ny affärsutvecklingschef för ITL i Sydostasien
Innovative Technology (ITL) är glada över att välkomna Kravitz Liew som affärsutvecklingschef för Sydostasien. Liew kommer att vara baserad i Malaysia och är ansvarig för alla ITL-försäljningsaktiviteter i den växande regionen Sydostasien. Marcus Tiedt, försäljnings- och marknadsdirektör för ITL välkomnade Liew till organisationen: "Kravitz gick med oss...
Malaysia – LeTou tecknar partnerskapsavtal med e-sportföretaget Fnatic
Det asiatiska spelföretaget LeTou har tecknat ett partnerskapsavtal med e-sportjätten Fnatic för att stödja deras Dota 2-team baserat från Kuala Lumpur. LeTou kommer att fungera som huvudsponsor för Fnatic-teamet för Dota 2, stridsarenaspelet för flera spelare som ser lag tävla mot varandra i en fantasimiljö...
Malaysia – Troubled year for Genting Malaysia ends in first loss since 2000
With the cost of a failed partnership in Massachusetts coupled with falling revenues in Malaysia, the US, Bahamas, UK and Egypt weighing heavily on Genting Malaysia’s financial year, it was left to tax wrote-backs in Malaysia to save the operator’s year. It was the first time the mountain operator had posted a loss since 2000….
Malaysia – Genting suing Walt Disney and Twenty-First Century Fox for $1bn
Malaysian casino operator Genting Berhad is suing Walt Disney and Twenty-First Century Fox for US$1bn for the cancellation of a Memorandum of Agreement for the ‘Fox World’ theme park that is currently being built. The contract was signed in 2013, long before Disney’s proposed buy-out of Fox had surfaced. That deal is due to be…
Malaysia – Nomura fruktar att skattenedsättningen i Gentings EBIDTA kan nå 168 miljoner USD
Brokerage firm Nomura has slammed the Malaysian government’s decision to increase taxation for its only casino Resorts World by ten per cent, double what the market was expecting. It said the increase would ‘diminish the investment appeal of the gaming sector.’ It said: “Given Genting Malaysia’s share price correction of nine per cent since the…
Malaysia – Genting Malaysia’s shares tumble following announcement of tax increase
Genting Malaysia has seen its stock suffer its worst one-day fall following a government announcement that casinos’ annual fees and duties on gross income will be increased. Genting, operator of the Resorts World Casino in Malaysia, fell by as 30 per cent with its parent company Genting Bhd. Plummeting by 12 per cent. Malaysian Finance…
Malaysia – Scout och Bravio för att skräddarsy DFS-plattformen för Malaysia
Scout Gaming Group and Bravio Technologies have set their sights on Malaysia with a deal involving Scout’s Daily Fantasy Sports platform. By entering into this agreement, the Scout Gaming platform including Daily Fantasy Sports and Pooled Betting games will become available to mobile phone subscribers throughout the Pan-Asian region. Initially, a Free-2-Play Tipping game will…
Malaysia – Malaysia och Singapore visar en imponerande tillväxt för Genting
Gross Gaming Revenue at Malaysia’s Resorts World Genting (RWG) has increased by 19 per cent, reaching RM1.6bn in the first quarter of 2018, according to its owners Genting. The operator has also seen impressive gains at its Resorts World Sentosa (RWS) in Singapore with revenues there up to RM2bn for the first three months of…
