Genting Archives - Page 2 of 2

Genting Hong Kong says creditor response positive despite US$743 million net loss in 1H20

August 29, 2020

Asian cruise ship operator Genting Hong Kong has described its creditors as being supportive of efforts to restructure its debt coverage following the suspension of all loan repayments due to growing financia...

Genting Chairman Pledges Entire Stake In Genting Hong Kong As Collateral For Loans

August 23, 2020

Genting chairman pledges entire stake in Genting Hong Kong as collateral for loans. Malaysian gaming chairman and CEO Lim Kok Thay, Genting Berhad, has pledged almost his entire interest in distressed cruise ...

Genting Hong Kong to suspend all payments to creditors as subsidiaries default on obligations

August 20, 2020

Genting Hong Kong has revealed it will temporarily suspend all payments to the group’s financial creditors, including interest and charter payments, in order to preserve liquidity amid growing COVID-19 pressu...

Resorts World Las Vegas Planning Connection To Elon Musk’s Underground Las Vegas Convention Center Tunnel System

June 10, 2020

Genting Group’s US$4.3 billion Las Vegas integrated resort development, Resorts World Las Vegas, has submitted plans to build a passenger station and tunnel connecting with the Las Vegas Convention Center cam...

Luxury Accommodation, Sky Casino Among New Facilities Announced For Genting’s US$4.3 Billion Resorts World Las Vegas

November 22, 2019

Genting’s US$4.3 billion Resorts World Las Vegas (RWLV) has announced an array of new features as part of updated plans for the integrated resort, due to open in mid-2021. The new amenities include the addit...

Leading Operators Commit To New Safer Gambling Initiative In UK

November 6, 2019

Various major operators have declared their support for a new, UK-facing safer gambling initiative aimed at addressing the harm gambling can cause to consumers and young people. ‘Safer Gambling Commitments’ ...