Genting Malaysia Sees Q1 Loss Amid New York Casino Launch
Genting Malaysia Bhd recorded a net loss of MYR25.2 million (US$6.4 million) for the first quarter ending March 31, 2026, reversing a net profit of MYR52.0 million (US$13.1 million) in the same period last year. The decline occurred despite a 10% increase in total revenue to MYR2.87 billion (US$724 million), driven by stronger contributions across Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. The company attributed part of the loss to pre-opening expenses associated with Resorts World New York […] The post Genting Malaysia Sees Q1 Loss Amid New York Casino Launch appeared first on World Casino News.
Genting Malaysia Bhd recorded a net loss of MYR25.2 million (US$6.4 million) for the first quarter ending March 31, 2026, reversing a net profit of MYR52.0 million (US$13.1 million) in the same period last year. The decline occurred despite a 10% increase in total revenue to MYR2.87 billion (US$724 million), driven by stronger contributions across Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. The company attributed part of the loss to pre-opening expenses associated with Resorts World New York […]
The post Genting Malaysia Sees Q1 Loss Amid New York Casino Launch appeared first on World Casino News.
