#Genting Berhad

Yogonet

Lawsuit accuses Resorts World Las Vegas of allowing illegal gamblers at casino, seeks damages

A federal lawsuit has been filed in the U.S. District Court in Nevada, alleging that the former top executive of Resorts World Las Vegas turned a blind eye to information regarding felons engaging in illegal gambling at the casino. In a lawsuit filed on Monday by California attorney Marshall Cole, Robert "RJ" Cipriani seeks unspecified compensatory…

Incidents ・ 14 October 2023

Review Journal

Resorts World Las Vegas faces accusations of permitting illegal gamblers in new lawsuit

A federal lawsuit has been filed in U.S. District Court in Nevada accusing the former top executive of Resorts World Las Vegas of ignoring information that felons were illegally gambling at its casino. Robert "RJ" Cipriani seeks unspecified compensatory and punitive damages in the lawsuit filed Monday by California attorney Marshall Cole. The…

Incidents ・ 12 October 2023

Review Journal

Resorts World Las Vegas gets new CEO; Scott Sibella out

Scott Sibella, the president of Resorts World Las Vegas since before the Strip resort opened its doors in June 2021, has departed as the resort's top officer for violating company policies. Chief Financial Officer Peter LaVoie on Friday was named the new CEO for the 3500-room resort operated by Malaysia-based Genting Berhad. Sibella spent eight…

Travel ・ 18 September 2023

The Nevada Independent

Sibella out as CEO of Resorts World Las Vegas, replaced by the property’s CFO

The CEO was cleared by gaming regulators in February after an investigation into possible wrongdoing. Now Resorts World says Sibella violated company policies. Resorts World Las Vegas President Scott Sibella, who took the helm of the unfinished Strip property in 2019 and helped steer the long-stalled $4.3 billion project to its June 2021 opening,…

Travel ・ 16 September 2023

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Asgam

Genting Berhad seen lifting earnings in 2H23 on higher visitation to Singapore, Las Vegas casinos

Malaysia gaming giant Genting Berhad should enjoy improved sequential earnings in the second half of 2023 as visitation to its casinos in Singapore and Las Vegas improves on seasonality and major events, according to Maybank Investment Bank. In a note, Maybank analyst Samuel Yin Shao Yang said earnings should improve for the Genting group after…

Land-based ・ 28 August 2023

Newswires

Resorts World Las Vegas Becomes 1st Resort to Launch Next Generation of Cashless

New functionalities include digital identity verification, single wallet and biometrics Resorts World Las Vegas and Sightline today announced the launch of 2nd generation cashless technology ushering in an experience with unprecedented functionality, greatly enhancing the omnichannel consumer journey. The update includes remote identity…

Travel ・ 01 December 2022

Yogonet

Las Vegas Union asks Macau Govt. for land transaction records involving Genting and Treasure Island failed casino project

The International Union of Operating Engineers, Local 501 - which represents over 2000 members working in Las Vegas casinos- submitted a public record request regarding the land transaction involving Genting Group and Ao Mio Leong to the Land and Urban Construction Bureau (DSSCU). According to corporate filings, Mio Leongis one of a four-person…

Politics ・ 04 June 2022

The Nevada Independent

Resorts World Las Vegas was 75 percent cash flow positive following 2021 opening

Just three months shy of its one-year anniversary, Resorts World Las Vegas hit 75 percent of its cash flow projections during 2021 and is making plans for a second phase of the $4.3 billion, 3500-room Strip hotel and casino. In a presentation to the Gaming Control Board Wednesday, Resorts World Las Vegas President Scott Sibella said COVID-19…

Travel ・ 02 March 2022

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Gambling News

Omicron Surge Unlikely to Dissuade Gambling In Malaysia

According to a note issued by Malaysia's Maybank Investment Bank Research, the sudden rise in the number of COVID-19 cases caused by the Omicron variant is not likely to trigger a drop in the number of gamblers or result in additional lockdown scenarios. According to analyst Samuel Yin Shao Yang, the fear of Omicron has been alleviated by the…

Covid ・ 18 February 2022

Forbes

Billionaire Behind Troubled Crystal Cruises Is Moving Ahead With Bigger Casino Bets

T he Crystal Symphony, a luxury cruise liner owned by Crystal Cruises, a subsidiary of Genting Hong Kong, was supposed to arrive in Miami on Saturday, January 22. But at 1 p.m. on Friday, the Captain told the passengers that the ship would instead dock in the Bahamas. The change of plans was so the Crystal Symphony could avoid seizure by the U.S.…

Travel ・ 01 February 2022

The Herald Review

Newly affirmed, tribe looks at casino plans with fresh eyes

BOSTON (AP) - As he begins his first full year in office, the new head of a Massachusetts tribe says he intends to take a cautious approach to gambling while turning attention to social challenges and other economic opportunities for its members. Mashpee Wampanoag Tribe Chairman Brian Weeden, who is 29 and is the youngest ever to old the post, said…

Sports ・ 09 January 2022

MSN

How dreamy; this Las Vegas casino just bought a Boeing 787 Dreamliner

MSN has partnered with The Points Guy for our coverage of credit card products. MSN and The Points Guy may receive a commission from card issuers. It's not uncommon for a major casino company to operate a fleet of private aircraft. Some planes are tricked out with all of the bells and whistles to jet around high rollers, while others are your…

Land-based ・ 09 November 2021

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The Points Guy

This Las Vegas casino just bought a Boeing 787 Dreamliner

It's not uncommon for a major casino company to operate a fleet of private aircraft. Some planes are tricked out with all of the bells and whistles to jet around high rollers, while others are your ordinary narrow-bodies used to charter large groups. But Resorts World Last Vegas just added a plane like no other to its fleet, a Boeing 787-8…

Land-based ・ 29 October 2021

Patch

Only One Las Vegas Casino Operator Remains In The Hunt For A Gaming License In Japan

MGM Resorts International took a major step Tuesday toward earning a Japanese integrated resort license when the city of Osaka endorsed the company's plans for the country's first large-scale casino. But the move may have closed the door for other Las Vegas-based casino operators. Osaka selected MGM Resorts and its Japan-based joint-venture partner…

Land-based ・ 06 October 2021

Asgam

Genting reveals US$650,000 daily EBITDA at Resorts World Las Vegas during first week of operation

Genting Berhad's newly opened US flagship, Resorts World Las Vegas (RWLV), generated revenue of US$14.9 million and EBITDA of US$3.9 million during its first six days of operation in June, according to the company's 2Q21 financial reports published Friday. The US$4.3 billion integrated resort became the first brand new casino-resort development on…

Travel ・ 29 August 2021

The Nevada Independent

Indy Gaming: Expanding usage of mobile wallets and cashless payments requires education for players and casino staff

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how they tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Sightline Payments Executive Vice President Omer…

NFL ・ 25 August 2021

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Pursuitist

The Opening of One of the Largest Casinos in Las Vegas

The $4.3 billion complex in Las Vegas in now open with more than 40 restaurants to enjoy among the Strip resorts and in one of the biggest casino cities. This casino has been in works with the planning and building for more than seven years. Attracting all legal gambling age groups, this casino is expecting to attract many gambling enthusiasts from…

Gaming Authorities ・ 18 August 2021

The Nevada Independent

Indy Gaming: Fitch Ratings revises its outlook toward Las Vegas casino recovery, sees rebound by 2023

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. Please to sign up and receive Indy Gaming in your inbox. Fitch Ratings gaming analyst Colin Mansfield waited in line patiently to sample a specialty item offered by Boon Tong Kee, one of the…

Land-based ・ 21 July 2021

Vegas Slots Online

New Resorts World Las Vegas Casino to Open This June

Update May 20, 2021: The Nevada Gaming Commission has given Resorts World Las Vegas the regulatory nod ahead of its June 24 opening, granting licenses to parent company Genting Group and its subsidiary in a unanimous vote. Resorts World Las Vegas is set to officially open its doors this summer. The property announced on Monday that June 24, 2021 is…

Travel ・ 13 July 2021

Forbes

Brand New Las Vegas Mega-Resort Casino Changes The Face Of The Strip

As one of the world's favorite tourism and vacation travel destinations, Las Vegas constantly has big, high-profile openings. But this week saw the biggest in many years. Resorts World Las Vegas is an all-new build with more than 3500 rooms, immediately making it one of the ten biggest in a city famous for having the largest collection of the…

Religion ・ 01 July 2021

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Oxford Spokesman

$4.3 billion Resorts World opens in Las Vegas

LAS VEGAS - Resorts World Las Vegas, the first ground-up and integrated resort on the Las Vegas Strip in more than a decade, celebrated its grand opening Thursday with a star-studded party that included DJs Tiesto and Steve Aoki, actor-singer Usher, sisters Paris Hilton and Nicky Hilton and momager Kris Jenner and her daughter, supermodel Kendall…

Travel ・ 30 June 2021

CNBC

Resorts World Las Vegas to open as pandemic recovery takes hold

In a city where luck has a lot to do with the outcome, the executives overseeing the Las Vegas Strip's newest property feel like they hit the jackpot. "We were waiting, optimistic that things would get better when we opened," said Scott Sibella, president of Resorts World Las Vegas. "But here we are at 100% [capacity] and everything's going well in…

Covid ・ 25 June 2021

The Nevada Independent

Resorts World unveiling ‘seems like an old-school Las Vegas resort opening’

The comparisons between the opening of Resorts World Las Vegas and the launch of The Mirage almost 32 years ago can't be ignored. Like its predecessor, the $4.3 billion Resorts World ends a decade-long lull of new Las Vegas Strip hotel-casino development. When it opened in 1989, The Mirage was the Strip's first all-new casino resort in 15…

Travel ・ 21 June 2021

Gambling News

Resorts World Las Vegas Set to Enter New Era of Cashless Payments for Customers

In a bid to address the issues from the COVID-19 pandemic, Resorts World Las Vegas is set to unveil a cashless wagering ecosystem when the casino opens on June 24. Customers will be able to play table games, slots and dine at the resort without using cash or credit cards. The 4-billion dollar casino is tipped to be the most technologically advanced…

Travel ・ 17 June 2021