Malaysian conglomerate Genting Berhad has issued MYR 900 million (roughly US $216.2 million) in one-year medium-term notes through its subsidiary Genting RMTN Bhd. The issuance is under the group’s MYR 10.0 billion MTN programme, with the net proceeds earmarked to partly finance the acquisition of the remaining ordinary shares in Genting Malaysia Berhad (GenM) that Genting Berhad does not already hold.
Malaysia’s communications regulator, the Malaysian Communications and Multimedia Commission (MCMC), has formally summoned Meta Platforms to provide a detailed explanation following a report by Reuters that suggests roughly 10 % of Meta’s 2024 revenue—approximately US $16 billion—may have come from adverts tied to scams and illegal gambling. The Malaysian government, represented by Communications Minister Fahmi Fadzil, characterised the findings as “very worrying” if proven true, given that the alleged ad activities conflict with Malaysian law.
SkyCity Entertainment Group has received formal approval from the New Zealand Gambling Commission to renew the 15-year venue licence for its SkyCity Queenstown Casino property, effective from 7 December 2025. The renewal aligns with the provisions in the Gambling Act 2003, which permits venue licence extensions of this length.
Melco Resorts & Entertainment executives have expressed renewed optimism about Macau’s recovery and the company’s growth outlook following a strong third quarter of 2025. The group reported total operating revenues of US$1.31 billion, up 11% year-on-year, with adjusted property EBITDA rising 21% to US$304 million. Chairman and CEO Lawrence Ho described the results as “solid across all key properties,” noting that even with “short-term volatility such as typhoon disruptions,” Melco’s overall performance “shows the resilience of our integrated resort portfolio in Macau.”
The 5th Macau-Qingdao International Beer Carnival kicked off on 6 November 2025 at the Gourmet Pavilion of Wynn Palace in Cotai. Spanning 11 days and running through to 16 November, the event is organised by Asia Brewery (Macau) Co. Ltd., Wynn Resorts (Macau) S.A., and the Macau Leisure Tourism Services Innovation Association, with support from the governments of Macau and Qingdao.
Author: Janice Chew • Tuesday, 11/11/2025
