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Tag Archives: Genting Malezija

Malezija – Prihodi su pali za 57 posto u Genting Malaysia

Genting Malaysia saw its fourth quarter revenue fall by 57 per cent to RM1,041.1m although it achieved positive adjusted EBITDA in FY20 despite ‘unprecedented challenges, anchored by the Malaysian operations.’ EBITDA came in at RM170.4m for Q4 despite the leisure and hospitality business operating at a reduced capacity amid the prevalence of the Coronavirus Disease…

Malaysia – Genting warns of further impact on full year earnings

Increases in COVID-19 infections will hamper Genting Malaysia’s fourth quarter revenue in Malaysia, the UK and the US after a recovery of sorts and a narrowing of losses in the three months to September 30. Local demand at its flagship Resorts World Genting in Malaysia helped drive revenue of RM1,416.9m, representing 54 per cent of…

SAD – Genting Malezija uložit će 150 milijuna američkih dolara da Resorts World Catskills ponovno bude potpuno operativan

Genting Malaysia uložit će 150 milijuna američkih dolara u svog nedavno kupljenog sjevernoameričkog operatera Empire Resorts koji će se koristiti za ponovno pokretanje poslovanja Resorts World Catskills (RWC) u New Yorku i za ispunjavanje kratkoročnih dužničkih obveza. Genting Malaysia, koji posjeduje 49 udjela u Empireu, rekao je: "Ubrizgavanje kapitala financirat će se interno generiranim...

SAD – Genting povećava interes za Empire resorte unatoč glasinama o bankrotu

Genting Malaysia priopćila je da nije odgođena od potencijalnog preuzimanja Resorts World Catskills tvrtke Empire Resorts, nakon izvješća da je na rubu bankrota. Izvještaji iz Sjedinjenih Američkih Država sugeriraju da će Empire podnijeti zahtjev za bankrot ako ne može restrukturirati ugovore o zajmu za više od 400 milijuna dolara duga. Genting Malezija…

Grčka – Priča se da su Caesars i Genting izgubili strpljenje u Grčkoj

Interest in operating the future casino at the former Hellenikon International Airport in Athens is reportedly subsiding for Caesars Entertainment and Genting Malaysia due to the continual delays to the project. Caesars is of course consumed by a $17.3bn takeover deal by Eldorado Resorts whose CEO Tom Reeg recently said that international expansion would have…

Malezija – Teška godina za Genting Maleziju završila prvim porazom od 2000. godine

With the cost of a failed partnership in Massachusetts coupled with falling revenues in Malaysia, the US, Bahamas, UK and Egypt weighing heavily on Genting Malaysia’s financial year, it was left to tax wrote-backs in Malaysia to save the operator’s year. It was the first time the mountain operator had posted a loss since 2000….

Malaysia – New attractions paying off as profit doubles for Genting Malaysia

Genting Malaysia has more than doubled its net profits this quarter, aided by visitations to Resorts World Genting (RWG) which saw revenue grow by 18 per cent. The Group’s second quarter total revenue increased by six per cent to RM2,422.1m while adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 31 per cent…

Malaysia – Genting Malaysia doubles its net profit in the first quarter

Genting Malaysia has seen its net profits more than double the first quarter of 2017 with revenues of RM2,223.8m. The Malaysian leisure and hospitality business recorded higher revenue in 1Q17 mainly contributed by a better hold percentage for the mid to premium segment of the business even though business volumes were lower. Whilst the Genting…