Tag Archives Genting

Genting Singapore shareholders back firm’s Japanese casino initiative

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Shareholders for the Genting Singapore subsidiary of Asian gambling giant Genting Malaysia Berhad have reportedly overwhelmingly voted to support the firm’s attempt at securing one of a trio of coming Japanese integrated casino resort licenses. According to a report from Inside Asian Gaming, the Singapore-headquartered operator held an extraordinary general meeting yesterday at which ...

Genting opens doors to new South Kensington property Forty Five Kensington

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Genting has opened a new venue in South Kensington, after spending millions on the refurbishment project. Forty Five Kensington is now operational, the former home of Genting Casino Cromwell Mint. The property offers visitors a technologically advanced casino experience along with fine dining. Rebrand: The rebrand of the property involved a complete makeover of ...

Genting Malaysia Berhad initiates Empire Resorts Incorporated purchase

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Asian casino operator, Genting Malaysia Berhad, has reportedly announced the start of the $128.6 million deal that is due to see it fully acquire smaller American counterpart Empire Resorts Incorporated. According to a report from Inside Asian Gaming, the Malaysian firm used an official filing to detail that the purchase is set to involve ...

Genting Casinos to purchase LeoVegas subsidiary Authentic Gaming in “milestone” deal

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International leisure and entertainment business, Genting, has agreed a deal that will see it acquire LeoVegas’ subsidiary Authentic Gaming for EUR 15 m ($16.7m) on a “debt-free” basis, with the sales price representing a return of better than 100 percent during a period of just more than three years. The Malta-based live casino firm ...

GentingBet expands live casino offering with launch of Baccarat Live via Genting Casino London Chinatown

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GentingBet is now offering more to online customers via a new game launch at Genting Casino London Chinatown. Baccarat Live has now launched, adding to the live casino games portfolio of the provider. Players can now enjoy an immersive experience via a land-based venue from the comfort of home. New Gaming Option: With Baccarat ...

Genting Singapore Limited second-quarter results draw analyst concern

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A trio of brokerages has reportedly expressed unease over a recent revelation from Asian casino operator, Genting Singapore Limited, that its second-quarter net profit had dropped by some 5.2% year-on-year to approximately $122.3 million. According to a report, the Singapore-listed firm detailed that its adjusted quarterly earnings before interest, taxation, depreciation and amortization would ...

Genting Malaysia Berhad resolves lawsuit against The Walt Disney Company

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Asian casino operator Genting Malaysia Berhad has reportedly announced that it has reached a settlement that has ‘fully resolved’ the $1 billion lawsuit it filed against The Walt Disney Company late last year. Park progress: According to a Friday report from GGRAsia, the Kuala Lumpur-listed firm used an official filing to detail that the resolution ...