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PETALING JAYA: While Genting Bhd remains mired in losses against the backdrop of travel restrictions in its key operating markets, analysts believe the casino operator’s outlook is set to improve as more countries began to vaccinate their population en masse.
MELBOURNE: Crown Resorts Ltd chief executive officer Ken Barton stepped down, bowing to days of pressure after a scathing regulatory report found the Australian casino operator facilitated money laundering and wasn’t fit to hold a license in Sydney.
THE Las Vegas Strip was built by a mobster. It took a billionaire to tame it. That’s a paradox that’s been at the heart of the casino industry since its inception.
THE outbreak of the Covid-19 pandemic in 2020 has delivered a brutal hand to the country’s economy, bringing unprecedented challenges to the general public and corporate sector.
KUALA LUMPUR: Homegrown e-sports platform Matchroom.net is rapidly expanding in the region, putting it in a good position to be the gateway for brands and businesses looking to capitalise on the fastest-growing e-sports market in the world.
KUALA LUMPUR: Genting Bhd 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.
SYDNEY: Australian casino operator Crown Resorts Ltd said on Monday that director John Poynton quit the board after a regulator ruled he was insufficiently independent of the company's biggest shareholder, James Packer.
PETALING JAYA: The improving corporate earnings, supported by the reopening of the economy as the Covid-19 vaccination programme expands, will help lift the Malaysian equity market.
SINGAPORE: Sea Ltd expects e-commerce revenue to double in 2021, sustaining its torrid pace of growth as South-East Asia’s most valuable company counts on regional online shopping demand to persist after the pandemic.