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End of an era as Genting Malaysia closes 2 casinos

PETALING JAYA: Genting Malaysia Bhd has closed two of its three casinos at Genting Highlands effective today, marking the end of an era for punters who have patronised these iconic gaming halls over the decades.

Genting MY promotes Kristine Lim to vice president of marketing

Genting Malaysia has promoted Kristine Lim (pictured) to the position of vice president of marketing, as seen on Lim’s LinkedIn page. Prior to becoming VP of marketing, Lim was the assistant VP of marketing from 2021 when she had initially joined Genting Malaysia.

MOTAC S FIRST OPEN HOUSE IN TERENGGANU A HIT

KUALA TERENGGANU: The Ministry of Tourism, Arts and Culture (MOTAC) in collaboration with the Terengganu state government welcomed some 70,000 people to its Malaysian Open House (MRTM) Aidilfitri 2022 for the first time in the state.

Local lockdown hits Genting Malaysia revenue in Q3

Genting registers RM1bil loss in 2020, flags highly uncertain year ahead

registered a small net profit in the last quarter, but warned that the outlook for 2021 is highly uncertain due to the Covid-19 pandemic. For the full year ended Dec 31, 20 the group made a loss of RM1bil. Revenue was halved to RM11.56bil compared with RM21.6bil a year ago. The group has declared a special single-tier dividend of 8.5 sen per share for FY20. Total dividend (including the interim dividend of 6.5 sen) for FY20 will amount to 15 sen per share. The outlook for the global tourism, leisure and hospitality industries remain highly uncertain, Genting said in a statement today. While the regional gaming market has continued to register some level of recovery, significant challenges will persist in the coming year given the negative impact of the pandemic on the sector, it added.


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