Industry
June 5, 2024
Fruit Seller Pleads Not Guilty to Chips Theft from Genting Casino
A seasonal fruit trader was recently charged over alleged theft from Genting Highlands Berhad dating back to October this year. The case involved a 45-year-old man with the initials L.K.K., who was accused of breaking into a casino belonging to the company and stealing chips, The Star reports. The suspect faced charges along with three […]
Industry
May 20, 2024
Genting Considers Integrated Resort Project in UAE
In 2023, the United Arab Emirates (UAE) announced the creation of its regulatory body that would be in charge of gambling. The move came at a time when gambling in the jurisdiction is expected to be legalized, which may pave the way for the expansion of tourism, propelled by integrated resorts (IR) that offer Las […]
Business
April 8, 2024
Genting Promises $1B in Taxes if Granted a Downstate NY License
As the battle for the three downstate casino licenses in New York continues, Resorts World New York’s owner, Genting Malaysia, has made a huge promise. According to the casino company, its property in the Empire State could create as much as $1 billion in annual taxes, if allowed to launch Vegas-style casino gaming. Resorts World […]
Business
January 11, 2024
Genting Malaysia Confirms Plans to Inject $100M into Empire Resorts
In an unexpected move, the leading leisure and hospitality business, Genting Malaysia Berhad (GENM), announced its plans to inject some $100 million into Empire Resorts, one of its US-facing subsidiaries. Details regarding the newly proposed investment emerged on Wednesday, January 10, 2024, in a filing with the Bursa Malaysia Securities by the company. Upon announcing […]
Casino
November 7, 2023
RAAC Discovery Forces Genting to Shut Down Westcliff-on-Sea Casino
Structural integrity concerns have caused Genting Casinos UK to temporarily shut down its casino in Westclif-on-Sea. As it turns out, reinforced autoclaved aerated concrete (RAAC) had been used in the property’s construction, compromising the venue. RAAC was most commonly used in the mid-20th century as a cheaper and lighter version of conventional reinforced concrete. However, […]
Industry
November 6, 2023
Ten Detained after Casino Chips Theft at Genting Highlands
Nearly a dozen people, allegedly involved in a theft of casino chips at one of Genting Malaysia’s casinos, were arrested recently. The robbery occurred at Genting Highlands, a premium entertainment and gaming property operated by the leading gaming company. Approximately MYR4.6 million, a sum close to $1 million, in the form of chips, was stolen […]
Casino
April 6, 2023
Genting Casinos UK Unveils New Contribution to CHIPS
Genting Casinos UK, the British subsidiary of the international casino and integrated resort developer Genting Group, has unveiled a new charity initiative. As announced on its LinkedIn page, Genting’s UK arm will provide funding to CHIPS, a charity raising funds for children with disabilities. The casino company said that its donation will help CHIPS improve […]
Casino
March 28, 2023
Genting Received Multiple Bids Over $1B for Miami Property
A Bloomberg article detailed that there was a total of 5 offers exceeding $1 billion. The bids were international, with a variety of plans for the future of the waterfront land – from high-end condos or office spaces to situating an entertainment destination there. The Malaysian gambling giant hasn’t announced a final decision yet; however, […]
Business
February 24, 2023
RWLV Posts Strong Q4 Results, Hopes to Bolster Visitation
Resorts World Las Vegas, a casino and hospitality venue owned by Genting Berhad, has recorded record-breaking revenue for Q4 2022. Despite the favorable figures, experts believe that figures could have been even better if not for the various headwinds in 2022. As reported by Genting Berhad, the property saw revenue reach $227 million during the […]
Business
February 15, 2023
Genting Casino Nottingham Closes Permanently
Genting Casino Nottingham will be closing its doors, its managers announced. As reported by the Nottingham Post, the decision was prompted by “commercial considerations” and follows a month-long consultation process with the casino staff. Since Genting Casinos has a policy of caring for its employees, it made sure to consult its staff. As noted by […]
