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Genting’s Singapore, Malaysian listcos seen as best gaming sector picks in 2023

January 11, 2023 - UOB Kay Hian Research analysts have named Genting Singapore as their top sector pick for 2023, citing significant upside from the return of Chinese visitors to its Singapore IR, Resorts... Read more »

Malaysia’s ‘accidental’ casino billionaire, Chen Lip Keong, dies at 76

December 11, 2023 - Malaysian casino tycoon Chen Lip Keong, founder of Hong Kong-listed casino operator NagaCorp passed away at age 76 on December 8 after succumbing to an illness, as per a company... Read more »

Billionaire Lim Kok Thay’s Genting to expand Singapore casino resort hotel amid tourism boom

November 3, 2023 - Genting Singapore—controlled by Malaysian billionaire Lim Kok Thay—is expanding the hotel capacity at its casino resort by more than 40% to tap into the post-pandemic tourism that has driven hotel... Read more »

Genting’s Resorts World Las Vegas achieves record revenue, EBITDA in 4Q22

February 24, 2023 - Genting Berhad’s flagship Las Vegas Strip resort, Resorts World Las Vegas (RWLV), produced record revenue, EBITDA and EBITDA margin in the three months to 31 December 2022, although analysts believe... Read more »

Florida: Genting selling 15.5 acres of Miami waterfront once planned for a casino resort

November 30, 2022 - Genting, the Malaysian casino company that once planned to turn the former Miami Herald property into a gambling resort in the heart of Miami, is selling its prized 15.5-acre parcel.... Read more »

Malaysia’s Genting loses bet on Macao gaming license

November 27, 2022 - Malaysian tourism and gaming conglomerate Genting Group has lost its bid to win a Macao gaming license, ending months of speculation over a possible shake-up for the casino hub. On... Read more »

Macau: The day of reckoning is nigh

October 16, 2022 - The day of reckoning for casino licensees in Macau is fast approaching. The regulatory and business landscapes are changing as quickly. Macau is no longer the most profitable and busiest... Read more »

American casino giants face wild-card rival as Macau opens license bids

September 16, 2022 - Casino operators in Macau have seen their fortunes slip as China’s “zero-Covid” policy cut the city off from many visitors in recent years. Now the companies face another wild card:... Read more »

Oddin.gg raises $4.5 million from financing round

August 17, 2022 - Wednesday, Esports betting company Oddin.gg announced it has raised $4.5 million from a Series A financing round. The Czech-based provider of esports betting services stated that the funding is from... Read more »

Singapore and $1 billion investment there focus of Las Vegas Sands Q2 earnings call

July 21, 2022 - With Macau set to come out of a two-week COVID lockdown on Saturday, attention during the Las Vegas Sands second-quarter earnings call focused on Singapore carrying the load for the... Read more »