Archive

_2019-07-12
Genting Malaysia has been forced into cost cutting mode to offset the negative impact of recent tax rulings, though analysts still expect 2019 to be another tough year for the country’s only operator.

_2019-02-15
The High Court on Thursday confirmed for May 30 to hear Genting Malaysia’s application for a judicial review concerning a tax incentive scheme for i

_2018-11-30
A more than $1 billion legal dispute with Walt Disney Co. and Fox Entertainment over a planned theme park is capping off a roller coaster of a year for Genting Malaysia, with analysts slashing their forecasts for the group.

_2018-08-30
Genting Malaysia saw its second-quarter net profit more than double to RM378.2 million (US$91.6 million), helped by higher revenue from its Malaysian

_2018-01-08
With the GITP expansion plan expected to start bearing fruit this year, 2018 should be a strong year for Genting Malaysia Bhd, say analysts. Kenanga I

_2017-10-04
There is little chance for the Malaysian government to increase gaming taxes for casino and lottery options, according to AmBank group chief economist

_2017-08-22
Genting Malaysia continues to roll out new facilities under a MYR10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year....

_2017-05-29
Casino operator Genting Malaysia Bhd recorded a two-fold rise in net profit in the first quarter of 2017, aided by lower foreign exchange losses on it

_2016-10-24
Genting Malaysia’s RM10 billion ($2.4 billion) expansion of its highlands resort will not include any increase of its net casino area, said chairman

_2016-07-27
Genting Malaysia, the country’s only casino operator, is ramping up preparation works as it prepares to begin rolling out the first stages of its RM10.38 billion ($2.46 billion) Genting Integrated Tourism Plan in the second half of this year. The company,...

_2016-02-23
  Genting Malaysia has doubled its planned investment to revamp facilities at its flagship Resorts World Genting property in the Genting Highlands. T