Articles About Genting

Do New Las Vegas Gambling Resorts Signpost Market Optimism?

Nich Moore June 25, 2021 13:55:13

Resorts World opening up their new Las Vegas property now is one of two things. It’s either a savvy and profitable business move….or a desperate disaster they ought to have seen coming. Time will tell. Some might argue that Las Vegas gambling resorts are already too numerous. It is no longer one of few options. Casinos are commonplace in the US now. Plus of course one can so easily gamble at home with online betting sites in the US like Bovada. So why take the risk?

Genting Group Stays Strong Amidst General Decline on Asian Gambling Market

Alex Nevsky November 17, 2014 20:37:08

Genting continues to stay strong despite a general decline on the Asian gambling market. Singapore gaming sector is in distress, and recent figures from Genting Group, operating under Singaporean gambling laws, confirm this. Gaming industry has always been quite resilient even in times of global recession, offering quite attractive investment options, but unfortunately it seems […]

Singapore’s Gambling Industry Takes A Dive

Nich Moore November 6, 2014 14:00:08

Singapore’s casinos are suffering a decline in earnings due to the slump in Chinese visitors, with their European and Northern American replacements not as willing to gamble. The over saturation of the casino market in the US has produced a kind of arms race amongst operators to provide more and more additional attractions with which […]

Anti-Gambling Blitz in Malaysia Ends with 2% Success Rate

Monica E. November 5, 2014 13:57:25

State contingents and local councils are working together to wipe out illegal gambling in Malaysia. Malaysia is known for a lot of things around the world, including its illegal gambling rings. Local gambling news are regularly reporting on police raids and new campaigns to crack down on illegal betting groups, but somehow they keep proliferating. […]

The Secret to Singapore’s Casino Gambling Success

October 22, 2014 19:05:01

Singapore has a smaller gambling market than Macau or Las Vegas but it’s casinos see higher profit margins. Why? A diverse business model. The global casino industry is usually thought of as a tale of two cities: Macau and Las Vegas. Vegas has the near-century of tradition and an army of casino executives with the […]

New York to Pick Casino License Winners Soon

Monica E. September 4, 2014 21:03:23

New York Governor Andrew Cuomo is under pressure to pick the best out of 16 bids for the state’s four new casinos. With American gambling laws leaving it up to state authorities to decide whether they allow gambling venues or not, Cuomo is in charge of the board that’s supposed to decide who gets to […]

Genting Group Pursuing Casino License in New York

Toni August 8, 2014 13:18:52

Malaysian gaming company Genting focuses efforts to the North-East of the US as the firm explores the possibility of entering the New York market. According to gambling news, Genting has so far made their intentions serious after filing two license applications with gaming officials from “The Big Apple.” The state has made increased efforts to […]

Genting BHD Plans Expansion into Spain after Great Results in Hong Kong Casino

Toni July 28, 2014 13:15:39

Hong Kong division of the popular casino group records massive earnings, propelling the parent company to invest in other territories. In the first half of 2014, Genting Hong Kong posted a staggering $180 million profit. This figure marks a Substantial increase from the same time a year before, when results showed profits of only $23 […]

Global Gambling’s Focus Moves East

Nich Moore June 26, 2014 17:27:36

From Hong Kong to Singapore, from Vietnam to Malaysia nations across the Asian Pacific region are gearing up for the fierce competition ahead in the global gambling market. When Macau overtook Las Vegas as the largest gambling hub in the world back in 2013 the writing was on the wall. An inevitable shift of gambling’s […]

What a Miami MLS Franchise Means for Waterfront Casino Plans

March 25, 2014 17:27:54

Casino execs have itching for a piece of the action in Miami, and David Beckham may have just made their lives a bit more difficult. A motley crew of casino execs including Sheldon Adelson of Las Vegas Sands, Steve Wynn of Wynn Resorts and Tan Sri Lim Kok Thay of Genting have set their eyes […]