News about Genting

In a note, Nomura analysts Tushar Mohata and Alpa Aggarwal said the sale was a very positive development for the company and its parent, Genting Bhd.

Genting Malaysia said the Miami Herald land is close to the commercial, residential and shopping areas in Miami, Florida, and is located directly across the street from the Adrienne Arsht Center for the Performing Arts of Miami-Dade County, one of the largest performing arts centres in the US.

It will be located at an altitude of 3,000 feet that includes a 300-room property, conference facilities, and grand ballroom with a 15-minute drive away to the Genting Highland summit.

"The group's plans to expand its New York gaming operations under Genting Malaysia Bhd may affect its credit quality, but such developments, including the timing and funding structure of the investment, ultimately hinge on the awarding of the casino licence, which remains uncertain at this point.

There are also new and refreshed stores at both Genting Highlands Premium Outlets (Burbery and Salvatore Ferragamo) and Johor Premium Outlets (Balenciaga, Bally, Fendi, Hooga, Karl Lagerfeld, Kenzo, Sacoor Outlet and Valentino) to welcome visitors.

Genting Malaysia’s share price had come down after the the Malaysian casino and resorts operator announced its investment in Empire Resorts back in August 2019.

On prospects, both GenM and Genting remain cautiously optimistic about the near-term outlook of the leisure and hospitality industry and remain positive in the longer term.

RWG's hill-top resort registered a substantially higher number of visitors at 9.

Quarterly revenue, however, grew 8.

PETALING JAYA (June 21): Tropicana Corp Bhd has launched the Tropicana WindCity development on June 16 at an event held at the Tropicana Golf & Country Resort.