RAM Ratings has reaffirmed the “AA1/Stable/P1” corporate credit ratings of Genting Berhad and its subsidiary Genting Malaysia Berhad (“GenM”), but flagged that the group’s debt cushion is becoming constrained as it moves ahead with its prospective takeover of the remaining GenM shares it does not yet own.
Hong Kong-listed International Entertainment Corporation (IEC) has revealed that during its financial year ending June 30, 2025, it “diversified” its revenue streams by leasing gaming venues to a junket operator at its Manila property. The company took over casino operations at the New Coast Hotel Manila in May 2024 via its subsidiary under a provisional licence from the Philippine Amusement and Gaming Corporation (PAGCOR).
From 1 December 2025, Crown Perth will require all patrons wishing to play electronic gaming machines (EGMs) to use a personalised membership or player card — i.e., a “carded play” system — marking a major shift in its gaming operations.
Golfer Collin Morikawa, a six-time PGA Tour winner and Sands Champion Ambassador, has joined Marina Bay Sands for a series of community activities focused on youth development and community empowerment. Morikawa's partnership with Las Vegas Sands began in mid-2024 as a multi-year engagement to support integrated resort programs and community initiatives, including golf clinics promoting youth leadership and revitalization projects.
Inspire Resort recently engaged in community outreach activities to mark South Korea's Chuseok holiday, emphasizing its commitment to social responsibility and community support. The resort specifically donated traditional holiday foods to ensure that children and staff at a local center could enjoy a warm and plentiful Chuseok celebration.
Author: Janice Chew • Friday, 24/10/2025
