Tuesday, January 14

Tag: gambling establishments

Jan132025 by adminNo Comments
Genting Malaysia’s brand-new mass gambling establishment might not be a video game changer

Genting Malaysia’s brand-new mass gambling establishment might not be a video game changer

Entertainment
Practically a year after closing 2 of its 3 gambling establishments, Resorts World Genting in Malaysia (RWG) has actually presented a brand-new mass video gaming flooring. It might not move the needle in terms of profits. Maybank expert Samuel Yin Shao Yang checked out RWG's Genting Casino on 30 December. His decision: the brand-new flooring, with 36 live video gaming tables, low-volatility slots and EGMs, "does not force us to modify our revenues price quotes upwards". Last February, RWG's Hollywood and Circus Palace gambling establishments closed without notification, leaving just the more recent SkyCasino open up to gamers. Genting Casino will do little to use up the slack, recommends the New Straits Times. At under 1,900 square metres, it includes less than 10% of the capability...
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Sep222024 by adminNo Comments
Pagcor gambling establishment sale pressed to 2026

Pagcor gambling establishment sale pressed to 2026

Entertainment
Alejandro Tengco, chairman and CEO of the Philippine Amusement and Gaming Corporation (Pagcor), has actually revealed that the sale of its gambling establishments will start in 2026. Legislators have actually required the regulator divest the residential or commercial properties. The head of the Philippines Amusement and Gaming Corporation (Pagcor) states the regulator will start selling its gambling establishment properties in 2026. Pagcor chairman and CEO Alejandro Tengco made the statement on 10 September at a Manila video gaming conference. "Since the first day we have actually been really singing about our strategies to focus exclusively on Pagcor's function as a regulator," he stated. The relocation will "offer an equal opportunity" for stakeholders and guarantee Pagcor does not ...
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