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Significant capacity expansions by casinos in the region have resulted in intensifying competition for Genting Malaysia Bhd ’s casino business, particularly in its mass and premium-mass segment.
Kuala Lumpur Police cracks down on illegal gambling and arrests 36 people on Friday. The police conducted a raid on three premises in Puchong area in the capital city busting an illegal online gambling den.
Genting Group’s Malaysian casino resort might not be as attractive to Asean gamblers as it used to be due to stiff regional competition, according to research house Affin Hwang Capital Research.
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