Just 2 months genting U turn again

Now no more 2 cable car operate at the same time...

Left the new one


Genting Malaysia U-Turn just after 2 months....

Now genting u turn....

Left new cable car operate...


https://www.google.com/amp/s/www.nst.com.my...mil-net-loss-q4


KUALA LUMPUR: Genting Bhd is estimated to post a net loss of RM22 million for its fourth quarter (Q4) of the financial year ended Dec 31, 2024 (FY24), according to CIMB Securities Research.

The loss is expected to be driven by lower earnings from Genting Malaysia Bhd (GenM) and Genting Singapore (GenS), as well as increased losses at Resorts World Las Vegas (RWLV).

"Genting's FY24 core earnings per share fell short of our forecast by 25 percent and 40 percent below the consensus forecasts.

"The dividend per share for the second half of 2024 (2H24) was five sen, down from nine sen in the same period of the previous year, which was disappointing," it said in a note.


Thats why low revenue....

This post has been edited by plouffle0789: Mar 6 2025, 03:02 AM

I remember years ago there would be a general genting thread running 24/7. What happened to all the regulars? Hope they are doing well.

After covid-19,they switch to online casino?

**Aspect**	**Details**
**Political Landscape**	Pahang PAS intends to close gambling establishments, including Genting Highlands Casino, if they win GE16. However, legal frameworks and jurisdictional boundaries may pose challenges.
**Operational Adjustments**	Genting Malaysia closed two casino floors at Selangor State (Circus Palace & Hollywood) in Feb 2024. No immediate plans to reopen as of Dec 2024.
**Diversification Efforts**	In June 2024, Genting Bhd invested RM5 billion in the energy sector (China & Indonesia) but remains committed to its gaming business.
**Overall Outlook**	The future of Genting Highlands Casino remains uncertain, depending on GE16 outcomes, regulatory decisions, and company strategies.

This post has been edited by plouffle0789: Mar 30 2025, 04:33 PM

looking at plenty of senior citizen like to go casino...

shouldn't govt start to use the tax collected(gaming duties too) for developing places for the senior ?? so they have place of hanging out or program ???

1) move the casino to Selangor part of the hill
2) declare FT

Money has no face, halal or haram.

U dont see ppl say USD is haram no plz. If got give it to me.

What is FT?




https://www.thestar.com.my/business/busines...space-gradually


Circus Palace Casino and Hollywood Casino belong to Selangor State. That’s why they still keep the old casino despite Sky Casino (which belongs to Pahang State) being so big.

This post has been edited by plouffle0789: Mar 30 2025, 06:11 PM

Revoke jer. Genting only care about their own coffer

Federal territory.

However, the state chapter’s deputy commissioner, Andansura Rabu (who is also the N12 Beserah assemblyman in Pahang), said that any decision must comply with the relevant legal framework and is limited to the state government’s authority on the matter.



Actually MAJLIS PERBANDARAN BENTONG also need to issue Sky Casino operating license to genting right?

14 Apr 2025

Monday


10.00 A.M.

AT


RESORTS WORLD BALLROOM WEST,
RESORTS WORLD CONVENTION CENTRE,
BASEMENT 2,
8 SENTOSA GATEWAY,
RESORTS WORLD SENTOSA,
SINGAPORE 098269



Genting Singapore Ltd AGM

This post has been edited by plouffle0789: Apr 24 2025, 05:04 PM

https://www.thestar.com.my/news/nation/2025...anguage-says-pm

Hmmm, does the issue with UEC correlate strongly to Genting's future?

What's your thoughts on this?

GE16 Scenario Impact on Genting — Neutral Analysis



Scenario What Happens Politically Effect on Government Outcome Risk to Genting Casino Neutral Explanation

1. Chinese voters swing away from DAP/PKR Urban, mixed, and Chinese-majority seats may flip or have lower turnout.


PH (DAP + PKR) loses 10–25 marginal seats.


Low direct risk This stage affects politics only; Genting not impacted yet.


2. PAS gains more Malay-belt seats PAS strengthens in Kelantan, Terengganu, Kedah + wins more central/semi-urban seats.

PN becomes the largest bloc. Medium indirect risk

PAS becomes policy-influential; their anti-gambling stance becomes more relevant.



3. PAS becomes leading party in federal government PAS becomes dominant in PN coalition; may lead Putrajaya.


PAS influences national policy directions. High regulatory risk PAS ideology opposes gambling; casino operations face policy pressure.


4. PAS ideological agenda introduced Policies target gambling, alcohol, moral industry sectors.


New laws, stricter guidelines, tax changes. High risk (rules tightening) Genting may face stricter rules, higher tax, reduced licence flexibility.


5. Genting casino licence renewal period

PAS evaluates licence based on Islamic principles + moral policies. Could limit, delay, or reshape terms.

Medium–High risk


Licence may not be fully removed but can be tightened significantly.


6. Full casino shutdown scenario



A full Genting casino shutdown under a PAS-led government is assessed as a low–medium probability scenario.

PAS has historically expressed a strong ideological stance against gambling activities.

However, implementing a complete closure requires evaluating broader national and state implications.

Genting Highlands contributes significantly to Pahang’s employment, tourism, and tax revenue.

The resort also plays a role in Malaysia’s investment reputation and foreign visitor traffic.

Sudden disruption could create economic challenges for both state and federal administrations.

Because of these practical constraints, an immediate shutdown is unlikely.

If changes occur, they are more likely to take the form of phased restrictions, not abrupt action.

Possible measures include tighter regulatory requirements, stricter operating conditions, or increased taxation.

Licence renewal could also be adjusted gradually rather than removed outright.

Overall, while the scenario is possible, economic considerations limit the likelihood of a fast or complete closure.






7. Most likely neutral outcome PAS government balances ideology + economy.


Gradual policy adjustments.


Medium–High Tougher regulations, higher taxes, and stricter licence controls — but no sudden shutdown.

This post has been edited by plouffle0789: Dec 13 2025, 12:48 AM

While I appreciate you using tools to help present an answer, but I would appreciate you giving your own thoughts instead.

The points above, are just stating what-if and its subsequent outcomes should it materializes, which most if not all prudent political observers would expect.

So, what are your thoughts on UEC's demand impact on Genting, since you just replied with a link earlier.

1. Impact of UEC / Education Issues on DAP Votes

From my view, UEC recognition or debate likely will not significantly reduce DAP votes in urban/Chinese-majority areas.

Most DAP voters are motivated by broader governance, urban issues, and PH coalition track record, not solely UEC.

Some UEC-supporting voters might consider MCA if they feel strongly, but the number is likely limited.



---

2. MCA’s ability to contest

MCA faces internal constraints:

Many urban/Chinese-majority seats have been won by DAP for 2 consecutive terms.

MCA members often cannot contest against DAP incumbents due to coalition arrangements.


This reduces MCA’s realistic chance of gaining seats, especially in the city.



---

3. Gerakan’s prospects

Gerakan could attempt to contest a few marginal seats, but realistically:

Urban Chinese seats are strongly DAP-aligned.

Maximum plausible wins: around 2–3 seats, assuming favorable conditions and weak DAP candidates.




---

4. Summary / Neutral View

UEC debate unlikely to drastically affect DAP’s voter base.

MCA has structural limitations in contesting seats against DAP incumbents.

Gerakan may gain 2–3 seats at most, mostly marginal ones.

Overall, DAP remains dominant in its traditional urban strongholds.

This post has been edited by plouffle0789: Dec 13 2025, 12:56 AM

Thanks again for your efforts. But asking AI to reply in a first person view, again defeats the purpose of me asking for your opinion.

Since you have placed trust in AI's response anyhow, then I will give a reasonable response to this, as similar to the AI's inability to pick a side, on top of that can only give speculation based on current facts rather than personal sentiment.

"Your" opinion on DAP's voters would not see UEC impact as huge, so support for MCA may increase, although that may spillover to Gerakan as well. Meaning that you used to support a faction, but now your opinions may have swayed, and you might be frustrated and opined that all of your prior opinions won't matter since its all the same anyways, yet you choose to represent your neutrality by entrusting your opinions will be best represented by a supposed unbiased but highly agreeable intelligence, so that your responses will continue to be "well planned". Understood.

Appreciate your time, I shall stop responding here.