Genting Singapore, via its Resorts World at Sentosa arm, has announced that its existing Genting Hotel Jurong will be rebranded as Four Points by Sheraton Singapore, Jurong with the conversion slated to complete in early 2026. This repositioning is part of a strategic collaboration with Marriott International, further strengthening Marriott’s presence in Singapore.
Okada Manila’s first quarter 2025 results chart a sharp divergence between its VIP and mass gaming segments. According to reports, gaming revenues slipped to about US 120 million, largely reflecting a pronounced drop in VIP table play. Meanwhile, the mass table games business recorded modest growth, hinting at some resilience in lower-stakes play even amidst macro pressures.
MGM Resorts International has officially withdrawn its application to convert the Empire City racetrack in Yonkers into a full-scale commercial casino. The planned expansion, initially budgeted at about US$2.3 billion, would have added live dealer games, entertainment venues, hotels, and a convention component. The decision marks a dramatic pivot, as MGM had already cleared a major approval step when Yonkers’ Community Advisory Council unanimously supported the proposal.
Vietnam’s Ho Tram resort region is undergoing a transformative expansion that places wellness and lifestyle at the heart of its next development phase. Spearheaded by Lodgis Hospitality Holdings in partnership with VinaLiving, the new project—Maia Ho Tram—is envisioned as a landmark integrated development combining hospitality, residences, wellness facilities, and immersive nature-based design.
Genting Berhad has launched a conditional voluntary takeover bid worth RM6.74 billion (≈ US$1.59–1.6 billion) to acquire the remaining 50.64 percent of Genting Malaysia Berhad (GENM) that it does not already own, offering RM2.35 per share. Presently, Genting Berhad holds about 49.36 percent of GENM, and if the offer succeeds, the parent will gain full control over its casino and hospitality arm.
Author: Janice Chew • Wednesday, 15/10/2025
