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Debt-laden Genting Hong Kong has been ordered by a Bermuda Court to be wound up, making it one of the biggest pandemic casualties in Asia’s tourism industry which has been bruised by more than two years of travel restrictions.
HONG KONG, Sept 16 — Macau’s government opened bids on Friday from seven companies, including a wildcard from Malaysian operator Genting, for licenses to operate casinos in the...
KUALA LUMPUR: TA Securities Research opines that Budget 2023 will be a non-event for the gaming sector.
KUALA LUMPUR: Genting Bhd’s net loss for the second quarter ended June 30, 2022 (Q2FY2022) narrowed to RM59.53 million from RM563.53 million recorded in the same period last year.
PETALING JAYA: Following weaker-than-expected earnings from its Singapore subsidiary, parent-company, Genting Bhd’s earnings estimate for financial years 2022-2023 may come in lower now. In the first half of FY22 (1H22) core net profit of Genting Singapore Ltd fell 3% year-on-year to to S$108.7mil (RM352.6mil).