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Business
January 11, 2022
Genting Group Subsidiary Facing Insolvency After Failing to Secure Lifeline
A few years ago, Genting Hong Kong set out on a mission. It envisioned a fleet of casino cruise ships and was so determined to realize its dream that it bought its own shipbuilder in Germany. It didn’t take long before trouble surfaced by way of a global pandemic, and Genting Hong Kong was caught […]
Casino
October 19, 2021
Fitch Ratings Forecasts Speedy Recovery for Genting Berhad
Credit ratings, commentary and research for global capital markets provider Fitch Ratings forecasts that casino and hospitality company Genting Berhad will soon experience a vigorous recovery. That is thanks to the big vaccination rates as well as Genting Berhad’s reduced capital expenditure and strong recovery in the US. Genting Berhad Back to Full Power by […]
Casino
August 25, 2021
Genting UK Drops Sports Betting to Focus on iGaming
Genting UK is no longer interested in sports betting and will focus on the iGaming market only. SkillOnNet network has announced an agreement to operate the company’s Genting Casino brand and domain for an undisclosed fee. Genting UK Leaves Sports Betting in Favor of iGaming Genting UK, the UK division of global gambling operator Genting Group, […]
Industry
June 28, 2021
Analysts: RWLV Launch Might Be Sign Genting Plans a US IPO
Resorts World Las Vegas (RWLV) marks the first casino resort in Las Vegas that is owned and operated by a Malaysian company and it is getting off to a good start. It only opened last week, but is already a standard fixture among the high-end properties in Sin City. The company behind the project, Genting […]