Moody’s: Genting to suffer minimal financial impact from Las Vegas, Bahamas complaints but New York expansion could pressure d

Short term pain: Maybank IB slashes 2024 Genting Malaysia forecast on temporary casino closures at Resorts World Genting

Moody’s: Genting to suffer minimal financial impact from Las Vegas, Bahamas complaints but New York expansion could pressure debt position

29/10/2024

Moody’s Ratings said in a Monday note that it doesn’t expect complaints against Malaysian gaming giant Genting Berhad and subsidiaries ...

Malaysia’s Resorts World Genting shuts two of its three casinos

Genting Bhd’s net debt seen rising to over US$6 billion in next three years on capex projects

by Ben Blaschke

02/10/2024

Malaysian gaming giant Genting Berhad is forecast to see its net debt increase to more than RMB25 billion (US$6 billion) ...

Taiwan court orders former Macau gambler to pay US$41 million to Melco Resorts in debt recovery case

by Pierce Chan

28/09/2024

Melco Resorts & Entertainment Limited has won a debt recovery case in a Taiwan court in which a former customer ...

Tak Chun boss Levo Chan to make mandatory cash offer for additional 29% stake in Macau Legend

Macau Legend struggling to meet looming loan repayment, in talks with banks after falling to US$14 million loss in 1H24

by Ben Blaschke

01/09/2024

Macau Legend Development Ltd has outlined material uncertainties relating to its ability to continue as a going concern ahead of ...

Imperial Pacific owes more than US$87.5 million to CNMI government

by Newsdesk

24/06/2024

Embattled Saipan casino operator Imperial Pacific International (CNMI) LLC owes the CNMI government more than US$87.5 million, lawyers have revealed. ...

Tag: debt