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GEN Malaysia ‘fake news’ linked to online betting

Genting Malaysia Bhd, operator of Malaysia’s only casino complex resort World Genting, said the company had recently been alerted to “fake news” linking it to online gaming services, which was circulated via “unauthorized social media platforms and web links.”

The company issued the warning in a notice posted on Resort World Gaining’s official website. The company did not elaborate on what was mentioned in the message that filed the complaint.

However, it said, “Genting Malaysia Bhd (GENM) recently learned about fake news from unauthorized social media platforms and web links that were reportedly linked to star media groups regarding online gaming.”

“We would like to stress that GENM is not involved in or related in any way to these online gaming sites or announcements. Please do not trust these links and refrain from distributing them,” the casino operator said.

The company also advised the public to use only the company’s official website and Resort World Genting Real Estate website when checking on matters related to the casino group.

Resorts World Genting is Malaysia’s only casino resort complex based in the Genting Highlands.

Genting Malaysia also operates casinos in the U.S., Bahamas, the U.K. and Egypt, but typically gets most of its revenue from Malaysian businesses.

 

BY: 파워볼사이트 추천

Inspire launch event on March 5th, concert 5 days after maroon

The Mohegan Inspire Entertainment Resort, a recently opened complex with a foreigner-only casino in South Korea, will hold a ribbon cutting ceremony for “500 VIP” guests on March 5, featuring “Mohegan and Korean” cultural elements, according to a press release Thursday.

The property is run by Mohegan Tribal Gaming Authority, which represents Native American tribes.

The event will be heralded by Inspire Salute, a concert featuring K-pop artists, which will be performed on March 2.

The March 5 ribbon cutting will trigger a series of celebrations throughout the month, including a concert by American rock band Maroon 5 at the 15,000-capacity Inspire Arena in the accommodation on March 8 and 9.

There will be an additional “Private Party Style Event” at the Splash Bay Indoor Water Park on Mar. 14. It will feature hip-hop and DJ performances.

The WTT Champions Incheon, an international table tennis competition, will be held at Inspire Arena from Mar. 27-31, and will also celebrate the 100th anniversary of Korean table tennis as an organizational sport.

A total of 32 world-class athletes will participate, including Shin Yu-bin and Jeon Ji-hee from Korea, and Fan Jian-dong and Sun Ying-sha from China.

Ray Pinault, President and CEO of Mohegan Gaming, announced the upcoming event and event in March: “This is not only a celebration of our new offering, but a testament to the hard work and dedication of everyone involved.”

He added: “Hosting Maroon 5 and global entertainment reflects our commitment to delivering exceptional experiences.”

Chen Si, the president of the Mohegan Inspire, was also quoted as saying, “It is exciting to see the Mohegan Inspire prepare for this grand opening celebration, a testament to the hard work and dedication that got us to this moment.”

Mohegan Inspire held a soft opening for non-gaming facilities on Nov. 30, including a five-star hotel with three towers and 1,275 rooms, a multipurpose stadium described as Korea’s first such facility, “Aurora-branded “Digital Entertainment Street,” a direct restaurant, and meetings, incentives, meetings, and exhibitions (MICE) facilities.

BY: 안전한 파워볼사이트

Londoner Macao Phase 2 price tag up 20pct: Sands China

Casino developer Las Vegas Sands Corp says the planned investment for Phase 2 of the transformation of the Londoner Macao casino resort is now US$1.2 billion, up from the previously-announced US$1.0 billion. The revised investment pledge was disclosed on Wednesday, in the company’s fourth-quarter earnings presentation deck.

The second-phase revamp of what used to be the Sands Cotai Central complex, in Macau’s Cotai district, began in November, and should be “substantially completed by Chinese New Year 2025,” according to the company. The festive break is usually a peak season for Macau’s gaming industry.

Las Vegas Sands is the parent company of Macau-based casino operator Sands China Ltd, which runs the property.

According to Wednesday’s presentation deck, Phase 2 of the Londoner Macao (pictured) will include the renovation of the Sheraton and Conrad hotels, as well as the revamp of the Pacifica casino space.

The company said it would add “new attractions, dining, retail and entertainment offerings” to the property.

Grant Chum Kwan Lock, Sands China’s freshly-appointed chief executive and president, confirmed in a Wednesday conference call with investment analysts that the company had “commenced the renovation” of the Sheraton hotel.

“That will continue through the whole of 2024, and we’ll hopefully be completed sometime in the first quarter of 2025,” he added.

Mr Chum said there “could be some impact” from construction disruption, “especially as we go into the second half of the year”.

That, he added, “depends on when the works are approved to commence on the Sheraton side of the casino floor, and also as well as the number of keys that will be out at any given time at the Sheraton.”

The CEO said the company would be managing Phase 2 of the renovation of the Londoner Macao as it did Phase 1, when it converted the Holiday Inn hotel tower. “We will be yielding the rest of our portfolio,” he stated.

Sands China runs a number of resorts in Macau’s Cotai district, including the Venetian Macao and the Parisian Macao. It also operates casino hotel Sands Macao on the city’s peninsula.

Mr Chum said: “Right now, the schedule is still a little bit fluid, just pending some approvals. But at this point, our expectation is the first half will be relative normal and then expect some disruption in the second half.”

He added: “But then by 2025, we’re going to be in a dramatically elevated and different position in terms of the entire Londoner.”

Sands China completed most of the work in the public areas and external facade of the Londoner Macao during Phase I of the renovation, as well as the complex’s retail mall and one the two casino floors.

“But we only touched 1,000 keys out of the 6,000 that we have,” noted Mr Chum. “The main difference is that Phase 2 is going to address the majority of the hotel inventory in terms of renovation and of course, the other main gaming floor that we have on the Sheraton side,” he added.

BY: 파워볼실시간

NY Sportsbooks Find Consistency in Latest Weekly Report

The summer of 2023 was quite turbulent for New York’s mobile sports wagering market, as it suffered many ups and downs in terms of betting volume. However, the week of August 20 has last found some consistency, as the latest numbers released by the New York State Gaming Commission indicate steady improvement over the previous week.

New York has offered legal mobile sports betting to its residents via a total of nine digital sportsbooks since January 2022. In its first year, the nine operators brought in a total of just over US$700 million in tax revenue for the state with another US$200 million from licenses. But at the moment, eight of them are online as Bally Bet went offline for makeovers.

Results for the Week of August 20

In its latest reports the New York State Gaming Commission reported that for the week ending on August 20, 2023, online sports betting operators accounted for a total wagering handle of US$233.7 million. This was a small increase of 4.5% over the previous seven-day period. Meanwhile, the weekly handle has been above US$200 million for the fifth week in a row.

In terms of gross gaming revenue there was almost no change, as the latest week brought in US$21.6 million, which was slightly above the US$21.3 million from the previous week. Hold for operators suffered a small drop from 9.5% to 9.2%. It is a huge difference from the previous 51% drop in GGR. In comparison to the same week of 2022, the handle was up, but revenue was down.

In the meantime, the competition between DraftKings and FanDuel for the top sportsbook operator in the Empire State is getting more heated. This time DraftKings got the better of its rival, as the sportsbook collected the largest handle with US$89.3 million. But it got the second-most in revenue out of all bookmakers with US$7.3 million before tax.

FanDuel got the second-largest betting volume with US$87.7 million, but it boasted the largest pre-tax proceeds with US$8.9 million with a hold of 10.2%. Other operators such as Caesars Sportsbook reported US$25.9 million in volume and revenue of US$2.3 million. BetMGM was in fourth with weekly activity of US$16.1 million and earnings of US$917,000.

The week ending on August 20, 2023, also saw an important announcement from Caesars Entertainment as the company debuted its Caesars Racebook in the Empire State. The horse racing account wagering platform offers pari-mutuel betting on world-class horse racing on more than 300 tracks worldwide. Hence, providing more options for local fans of the ponies.

Prop-Style Fantasy is Sports Betting, Rules Regulator
In August, the New York State Gaming Commission also provided a decision on a commenter’s request to change Daily Fantasy Sports rules to allow pick ’em-style player games. However, the gambling regulator denied it. Its argument was that daily fantasy sports contests which are similar to prop bets are essentially sports betting.

BY: 파워볼사이트 추천