KT Lim steps down as Genting Bhd CEO, to remain as Executive Chairman

Genting Group patriarch Lim Kok Thay will from tomorrow step down as CEO of Genting Berhad, the company has announced,...

Genting Malaysia misses 4Q24 estimates, slashes dividends as rising costs hurt profitability

by Ben Blaschke

Fri 28 Feb 2025 at 05:10

Genting Malaysia reported a 17% year-on-year decline in Adjusted EBITDA to MYR621.5 million (US$140 million) from its global leisure and...

Melco prices US$750 million Senior Notes offering

Melco shows 4Q24 revenue growth but profit down on higher Macau costs

by Ben Blaschke

Fri 28 Feb 2025 at 04:23

Macau’s Melco Resorts & Entertainment reported total operating revenues of US$1.19 billion in the three months to 31 December 2024,...

Melco to explore “potential strategic alternatives” for City of Dreams Manila

by Ben Blaschke

Fri 28 Feb 2025 at 03:37

Melco Resorts & Entertainment said Thursday it is evaluating “potential strategic alternatives” in relation to its Philippine integrated resort, City...

Galaxy to invest MOP$27.5 billion in non-gaming projects over the next decade

Galaxy planning major upgrades to StarWorld main gaming floor, hotel lobby

by Ben Blaschke

Thu 27 Feb 2025 at 17:00

Galaxy Entertainment Group (GEG) is considering a raft of major upgrades to its Macau peninsula resort StarWorld, including a transformation...

Ben Blaschke