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Tag-Archiv: Genting Malaysia

Malaysia – Genting Malaysia kehrt zurück in die Gewinnzone, aber der Umsatz bleibt immer noch hinter den Zahlen von 2019 zurück

Genting Malaysia, operator of Resorts World Genting in the Malaysia highlnads, has seen a 33 per cent year-on-year lift in revenue for the three months to 31 March 2023, although quarter by quarter they fell due to a slower than anticipated return of international players. The operator also reported a pre-tax profit of RM41.3m, compared…

Malaysia – Die Einnahmen im Resorts World Genting in Malaysia stiegen um 65 Prozent, aber Genting meldet immer noch Verluste

Despite revenues being 29 per cent up in the three months to December 31 2022, Genting Malaysia Berhad announced a loss of US$106m due to a series of one-off expenses. Promisingly, group revenues came in at US$548m with its flagship casino Resorts World Genting in Malaysia up 65 per cent to US$359m. The operator said:…

Malaysia – Nomura glaubt, dass die Anleger „erleichtert“ sein werden. Gentings Macau-Traum ist nicht wahr geworden

Analytical group Nomura believes investors in Genting Malaysia will ‘likely feel relieved’ that the operator was overlooked in the tender process for one of Macau’s six gaming licences. Nomura’s Tushar Mohata and Alpa Aggarwal said: “There were two concerns if Genting Malaysia had won the bid; the risk of a low ROIC investment in Macau…

China – Genting Malaysia startet ein spekulatives Angebot, um einen der sechs Casino-Lizenzinhaber von Macau zu ersetzen

With a short statement, Genting Malaysia has confirmed it will be the seventh bidder to submit a bid in the licence retendering but is notably the first that doesn’t already operate in Macau. Genting stated: “The Macau Special Administrative Region has called for a tender for the concessions to operate casino games of fortune pursuant…

Malaysia – Genting Malaysia Berhad liegt im dritten Quartal um 42 Prozent zurück

The reopening of Resorts World Genting (RWG) in Malaysia since September 30 2021 has been ‘well received’ although owner Genting Malaysia Berhad (Group) saw its third quarter revenues slide by 42 per cent to RM826.3m. Despite the impact of the Coronavirus Disease 2019 (COVID-19) disruptions on the Group’s operations, the Group recorded adjusted earnings before…

USA – Genting investiert weitere 150 Millionen US-Dollar in Empire Resorts

Empire Resorts, der Betreiber der New Yorker Resorts World Catskills und des Monticello Raceway, erhält von seiner Muttergesellschaft Genting Malaysia eine weitere Finanzspritze in Höhe von 150 Millionen US-Dollar, um seinen langfristigen Finanzierungsplan zu unterstützen. Genting Malaysia hat seit August 2019, als es eine 49-prozentige Beteiligung an Empire erwarb, verschiedene Beträge investiert, der Gesamtbetrag beträgt nun…

Malaysia – Maybank kürzt den Gewinnleitfaden von Genting Malaysia

Losses at Genting Malaysia’s flagship IR Resorts World Genting (RWG) could plunge by 76 per cent to reach MYR676m (US$164m) with attendance likely to drop by 29 per cent through continued closure from the coronavirus pandemic. Maybank Research has revised its previous estimate of 12m visitors in 2021 to just 8.5m with the casino located…

USA – Genting eröffnet nächstes Jahr das Resorts World Hudson Valley

Genting Malaysia, which owns Resorts World New York City and Resorts World Catskills in Sullivan County, has said it hopes to debut Resorts World Hudson Valley, its new casino in Newburgh, New York, by 2022. Meghan Taylor, Vice President of government affairs and public relations for Resorts World, said: “We look forward to breaking ground…

Malaysia – Maybank-Analyst senkt Prognosen für die Erholung von Genting Malaysia, da die COVID-Fälle zunehmen

A recent rise in COVID-19 cases in Malaysia has seen Maybank Research analyst Samuel Yin Shao Yang slash his own estimates which now pitch Genting Malaysia at operating at a loss of MYR384.8m (US$84.6m) in 2021. He has slashed 2022 profit guidance by 17 per cent to MYR1.03bn (US$249.9m) and 2023 estimate by four per…