The casino operator saw its profits drop more than 25% year-on-year, despite reporting higher revenue.
After falling heavily in debt to Genting Malaysia over a failed casino deal, the Mashpee Wampanoag tribe is descending into chaos.
A single-tier dividend is under approval due to the recommendation of the board of directors, which, if approved, will be distributed in July.
Genting Malaysia had a few disasters in 2018, but thanks to a lucky tax break, they reported a big profit in the fourth quarter.
Genting Berhad and Wynn Resorts have settled an intellectual property dispute regarding the design of Resorts World Las Vegas.
Casino operator Genting Malaysia is hoping that the Kuala Lumpur High Court will provide larger tax savings for the company.
Disney and Fox are teaming up to counter-sue the casino operator over a failed theme park.
Genting Berhad maintains that the appearance of its Resorts World Las Vegas resort could not be confused with that of Wynn Resorts’ trademarked design.
Genting Malaysia posts a loss for the third quarter, accounting for losses related to its planned Massachusetts tribal casino.
After Genting Malaysia announced that it was suing the Walt Disney Company and Twenty-First Century Fox, their response to the lawsuit have been released.