Genting5/16/2013
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Future of Herald building site in hands of Genting
(Florida) -- The Miami Herald’s remaining employees closed down the newspaper’s longstanding building at One Herald Plaza on Thursday night. Next home for...
5/2/2013
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Gamblers get lucky at Genting’s Singapore casino
(Singapore) -- A stroke of bad luck. That’s what casino operator Genting Singapore blamed for reporting a sharply lower-than-expected quarterly profit, while also...
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Genting Plunges Most in 3 Years on Profit Drop: Singapore Mover
(Singapore) -- Genting Singapore Plc (GENS), one of two companies licensed to run casinos in the city state, dropped the most in three years after reporting first-...
3/29/2013
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Genting give up on Miami Casino
(Florida) -- The Genting Group has finally given up hope on building a casino in Miami, so will now focus solely on the development of a 5 star hotel and residential...
3/16/2013
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Casino plans for Miami Herald building on hold
(Florida) -- The company that purchased The Miami Herald building is putting its proposal for what they said would be the world's largest casino on the back burner.
3/14/2013
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What happens in Vegas real estate stays in the skyline
(Las Vegas) -- A Malaysian company has purchased the half-finished property on the Vegas strip that was once home to the Stardust Casino and has released a flashy design...
3/12/2013
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New Neighbor Not a Welcome Sight for MGM and Caesars
(Las Vegas) -- The latest development in Las Vegas will bring excitement to the city and a new neighbor to Las Vegas Sands and Wynn Resorts on the north side of The...
3/11/2013
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Taking a closer look at Singapore / Resorts World Sentosa comes into focus after Genting Group’s decision to build here
(Singapore) -- When talking about gaming in Singapore, local media — myself included — have focused on Sheldon Adelson’s magnificent Marina Bay Sands.
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Fitch: No Immediate Impact on Genting's Ratings from Echelon Acquisition
(Wall Street) -- Fitch ratings says Malaysia-based Genting Berhad's (Genting) purchase of Boyd Gaming's 87-acre Echelon site at Las Vegas does not have an...
3/10/2013
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Aqueduct developer gambles on Las Vegas
(New York) -- A major player in the city’s gaming industry is heading west to try its luck on the Las Vegas strip. Genting Group, the developer of Resorts World...
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STUTZ: Analysts give mixed reviews for Genting's Strip plans
(Las Vegas) -- Last week's news that Genting Group had bought the moribund Echelon property and would build out a $2 billion to $7 billion Strip hotel-casino complex...
3/9/2013
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Genting plans new Las Vegas mega-casino
(Malaysia) -- Paris’ Eiffel Tower, the - canals of Venice & Egypt’s pyramids may one day have an Asian neighbour on the - Las Vegas NV Strip – the...
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The Las Vegas Strip May Have a New Resident
(Las Vegas) -- The north end of the Las Vegas NV Strip may be getting a new resident long before anyone expected. Boyd Gaming (NYSE: BYD) has sold its Echelon project to...
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Asia v Vegas: Genting's gamble
(Macau) -- If George Clooney and Brad Pitt were tempted to extend the Ocean's trilogy to Fourteen, the gambling element would have to be set in Macau, or at least...
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Companies Looking to Tap Chinese Demand Abroad
(Hong Kong) -- The Malaysian casino operator Genting envisions red-and-gold pagodas and a panda exhibit on the 87 acres of Las Vegas land it bought this week, a new...
3/8/2013
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Who stands to gain and lose from the Strip’s new megaresort
(Las Vegas) -- It didn’t take long for the buzz to become a roar after the Genting Group announced plans Monday to develop a 3,500-room megaresort on the Las Vegas...
3/6/2013
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Genting sees red and gold pagodas and a panda exhibit on Las Vegas land
(Las Vegas) -- Malaysian casino operator Genting Bhd envisions red and gold pagodas and a panda exhibit on the 87-acre plot of Las Vegas land it bought this week, a new...
3/5/2013
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Asian-influenced mega-resort to open in 2016
(Las Vegas) -- Resorts World Las Vegas, the city's first new mega-resort in six years and scheduled to open in 2016, will have such Asian influences as a replica of...
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SCHWARTZ: Spring is the Time for Rebirth on the Strip
(Las Vegas) -- What a difference a few weeks makes. When the December numbers came out in early February, Las Vegas gamers seemed uniformly grim. The Strip hadn’t...
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Welcome To Beautiful Resorts World Las Vegas
(Las Vegas) -- A picture postcard that says, simply, Welcome to Beautiful Resorts World Las Vegas in red and brown over a group of angularly frosted, chocolate hued...
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Why is Malaysian Group Rolling the Dice on Las Vegas?
(Las Vegas) -- The Kuala Lumpur-based Genting Group has announced plans to spend $7 billion to build a new casino resort on the Las Vegas Strip, despite the sluggish...
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Analysts expect Genting to have funds
(Malaysia) -- Analysts do not expect funding to be an issue for Genting Bhd, following the gaming group's move to build a US$2 billion (RM6.2 billion) resort casino...
3/4/2013
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ANALYSIS: Genting To Test Las Vegas Strip Recovery With $2bn Resort [sub req'd]
(Las Vegas) -- Genting’s plan to build a $2bn Las Vegas Strip mega-resort at the site of Boyd Gaming’s former Echelon project will add fresh hotel and casino...
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Asian-themed megaresort planned for old Stardust site
(Las Vegas) -- An Asian gaming powerhouse is planning a $2 billion Asian-themed mega-resort on the Las Vegas Strip where the old Stardust was imploded and the stalled...
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Genting buys Echelon for $2 billion Resorts World Las Vegas
(Las Vegas) -- Malaysia-based Genting Group today will announce acquisition of the Echelon site on the Strip and outline plans to build a $2 billion hotel-casino complex...
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Genting goes all-in - plus some pandas - for Asian-themed Las Vegas resort
(Las Vegas) -- Representatives of Malaysia-based Genting Group were so sure about spending $2 billion to $7 billion to develop Resorts World Las Vegas on the 87-acre...
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Genting to Buy Las Vegas Echelon Resort From Boyd
(Las Vegas) -- Genting Bhd., Southeast Asia’s largest casino operator, will buy and complete Boyd Gaming Corp. (BYD)’s unfinished Echelon resort in Las Vegas...
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Malaysia's Genting to Buy Vegas's Echelon
(Las Vegas) -- With the Las Vegas Strip littered with unfinished steel and concrete structures, symbols of the city's prematurely halted building boom, many insiders...
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Malaysia's Genting To Pay $350M For Boyd's Mothballed Vegas Resort
(Las Vegas) -- Malaysian gaming firm Genting hasn’t been dealt a lucky hand in jump-starting proposed casinos in New York and Miami. Las Vegas is proving more...
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New Genting megaresort expected to be big boost for the Strip
(Las Vegas) -- In the go-go 1990s, when it seemed like announcements about new casino megaresorts were annual occurrences, the prevailing wisdom was “the more the...
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Old Stardust site being sold for new Strip casino
(Las Vegas) -- A new Las Vegas Strip megaresort is coming. Boyd Gaming, the Las Vegas company that started and stopped construction of a resort it called Echelon on the...
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Casino developer dabbles in energy production, biotechnology and palm oil crops
(Las Vegas) -- The Genting Group, which plans to build a $2 billion Asian-themed megaresort in Las Vegas, is one of the world's largest gaming companies.
2/25/2013
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Genting stakes Singapore gamblers to $775 mln in push for VIPs
(Singapore) -- Singapore's two multi-billion-dollar casinos bear evidence of China's economic recovery: high rollers returned in force last quarter to the...
1/24/2013
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Genting Casino almost ready to open doors in Southport Waterfront development
(UK) -- A FULL programme of entertainment, a restaurant and underground parking will all be features of a new casino set to revitalise the Waterfront, the Visiter can...
1/14/2013
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Sentiment fails to lift Genting shares
(Malaysia) -- Shares of Genting Malaysia Bhd declined further yesterday, in spite of sentiment among analysts that the firm still had a fighting chance of expanding its...
1/13/2013
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Maybank Research maintains Buy on Genting Malaysia
(Malaysia) -- Maybank Investment Bank Research is maintaining its Buy call for Genting Malaysia and a target price of RM4.18. It said on Monday the share price fell 4%...
1/11/2013
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Genting tumbles on New York plan
(New York) -- Genting Malaysia Bhd, owner of Resorts World Casino New York City, fell the most in three months in Kuala Lumpur trading after Citigroup Inc said plans by...
12/29/2012
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Ho Wah Genting to sell casino stake
(Malaysia) -- Ho Wah Genting Bhd is selling its 60 per cent stake in Ho Wah Genting Poipet Casino Resorts Co Ltd (HWG Poipet Casino) to Pioneer Hectares Sdn Bhd for RM1.
12/28/2012
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Genting Malaysia US expansion hits legislative bump
(USA) -- It would appear that casino and resort operator Genting Malaysia Bhd (GenM) will have to rely on its New York operations to drive its American Dream for the...
12/24/2012
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Editorial: What’s in a name? The future of casinos in Florida
(Florida) -- International casino operator Genting has announced that it will end an effort to ask Florida voters to authorize mega-casinos in, say, Miami-Dade County,...
12/18/2012
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Genting Group Raises the Stakes for Rick Scott’s Re-election
(Florida) -- Gov. Rick Scott wasn’t a proponent of expanding gambling in Florida as a proposal was debated in the Legislature last spring.
12/13/2012
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Genting Group Beats Back Preservationists Over Miami Herald Site Use for Proposed Miami Mega-Project, Yet Backs Off Pursuit of Gambling License
(Florida) -- It was like the good old days at Miami City Hall recently. Finger-jabbing, near-insane shrieking and rough corridor jostling. That was the public hearing...
12/11/2012
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Genting Group Backs Off Florida Casino Proposal
(Florida) -- Malaysian-based gambling company Genting Group announced last week that it has decided to stop pushing for the approval of a destination casino in South...
12/7/2012
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Casino Giant Drops Gambling Ballot Bid
(Florida) -- The casino giant that bought the Miami Herald site has put a hold on its plans to petition for a casino amendment on the twenty-fourteen ballot.
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Knowing When To Fold 'Em, Genting Abandons Casino Law Petition Drive
(Florida) -- With new leadership running the Florida Casino Legislature and gambling regulation prominently on the table, the Genting Group has abandoned its plan to...
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Major casino developer drops plans to push constitutional amendment to authorize Fla. casinos
(Florida) -- Florida's gambling future, including the fate of its horse and dog tracks, Internet cafes and tribal-run casinos, appears likely to be decided by the...
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Cash-rich Genting Singapore hopeful of Japan foray
(Japan) -- Gaming operator Genting Singapore is examining opportunities to enter Japan, where a new government is expected to pass legislation legalizing casinos in the...
12/6/2012
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Genting abandons gambling petition drive
(Florida) -- In a major shift in strategy, the Genting Group, the Malaysian-based casino giant, told legislative leaders this week that it will stop a petition drive to...
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Genting Bows Out of Casino Ballot Effort, Waiting for Lawmakers
(Florida) -- Casino giant Genting is folding its effort to get a statewide gambling legalization initiative on the ballot, with the company saying it wants to support...
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Genting gambling company drops plans to ask Florida voters to approve casinos
(Florida) -- Malaysian gambling giant Genting, which hopes to build a multibillion-dollar resort casino in South Florida, has abandoned plans to directly ask voters in...
11/29/2012
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Genting Quarterly Net Slides 53% With Lower Gaming Revenue
(Malaysia) -- Genting Bhd. (GENT), the Malaysian company which controls casino operators in Southeast Asia, the U.S. and the U.K., said third-quarter profit fell 53...
10/8/2012
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Genting name may soon grace ASX
(Australia) -- THE Genting brand, one of the best known in Asia's gaming industry, could soon grace the boards of Australia's main stock exchange.
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Genting scions gain foothold in Australia, eye Asia gaming deals
(Australia) -- Two scions of Malaysia's Genting gaming empire inked a deal on Tuesday to gain control of listed Australian wagering group Two Way Ltd as they seek to...
10/4/2012
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Genting HK seeking shares in Australia's Echo
(Australia) -- Genting Hong Kong has approached shareholders of Echo Entertainment Group seeking to boost its stake in the owner of Sydney's only casino, a fund...
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Malaysia's Genting Seeks Approval to Buy Up To 25% of Australia's Echo
(Australia) -- Malaysian gambling group Genting Bhd.'s (3182.KU) Hong Kong unit is seeking regulatory approval to buy up to 25% of Australia's Echo Entertainment...
9/20/2012
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Genting Hong Kong still wants more of Echo
(Australia) -- GENTING Hong Kong says it still wants approval to acquire more shares in Australian casino operator Echo Entertainment Group even though its counterpart...
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Genting unexpectedly cuts stake in Australia's Echo
(Australia) -- Southeast Asian gambling group Genting unexpectedly put up for sale almost half its near 10 percent stake in Australia's Echo Entertainment Group Ltd...
9/19/2012
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Genting HK still interested in Australia's Echo
(Australia) -- Genting Hong Kong (GHK) said it has no plans to sell its stake in Australia's Echo Entertainment Group, a day after Genting's Singapore sister...
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Genting sells stake in Echo Entertainment
(Australia) -- Singapore-based Casino group Genting has sold its entire 4.8 per cent shareholding in fellow casinos operator Echo Entertainment Group, the licensee of...
9/13/2012
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3 RWS employees charged with forgery & giving false information
(Singapore) -- Two employees of Resorts World Sentosa (RWS) have been charged with forgery, and a third for giving false information. Lim Tze Chean, 43, is accused of...
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Singapore’s Resorts World Sentosa fined US$490,000
(Singapore) -- The Casino Regulatory Authority of Singapore announced it has imposed a financial penalty of S$600,000 (MOP3.9 million) on Resorts World Sentosa for...
9/12/2012
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Genting Singapore unit fined, faces police probe
(Singapore) -- Staff at a casino run by Genting Singapore could face criminal charges after the city state's regulator fined the company for breaching anti-gaming...
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Resorts World Sentosa penalised for breaching casino law
(Singapore) -- Genting Malaysia Bhd's indirect subsidiary Resorts World Sentosa Pte Ltd (RWS) has been fined $S600,000 (RM1.5mil) by the Singapore Casino Regulatory...
8/25/2012
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Student drives off with top prize in Genting Casino relaunch
(UK) -- STUDENT Chun Yik Lee was a big winner at the recent relaunch of Liverpool’s Genting Casino in Queen Square. The 22-year-old first year hospitality student...
8/24/2012
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Singapore ops to weigh on Genting Q2 results
(Singapore) -- Genting Bhd's second-quarter performance might be affected by Genting Singapore Plc's weaker quarterly results although its other businesses...
8/12/2012
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Brokers cut Genting Singapore target price on Q2 miss
(Singapore) -- Casino operator Genting Singapore reported second-quarter earnings that missed expectations, prompting several brokerages to cut their target prices and...
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Shares edge up at midday but Genting drags
(Singapore) -- Singapore's key index edged higher by midday, led by Sembcorp Industries, on hopes that weaker economic outlook would spur more stimulus measures...
8/11/2012
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Genting Singapore's Q2 disappoints as gaming revenue slows
(Singapore) -- Genting Singapore, which owns one of Singapore's two multibillion-dollar casino complexes, posted lower quarterly core earnings that missed...
8/3/2012
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OP/ED: For Genting, no doesn’t mean no
(Florida) -- They’re baaaack. Like a poltergeist, Genting, the Malaysian casino operators, won’t rest until they win approval to set up a mega-gambling...
7/24/2012
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Casino giant Genting’s political strategy: big checks and many bets
(Florida) -- Genting Group, the Malaysian casino giant, is seeding its bets across Florida’s political spectrum this election year as it continues to secure the...
7/23/2012
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Genting downsizes plan for Resorts World Miami
(Florida) -- Genting Group is to downsize plans for its Resorts World Miami, the Malaysian-based company told The Miami Herald.
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Genting's New Plans for Herald Site Don't Include a Casino (For Now Anyway)
(Florida) -- The most dramatic thing about Genting Group's new plans for the Miami Herald site is how unambitious they are.
7/22/2012
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Genting downscales in Miami as it seeks to expand its global brand
(Florida) -- Miami Mayor Tomas Regalado hasn’t seen them. Neither has Miami-Dade Mayor Carlos Gimenez. Nearly six months after the Genting Group failed to get...
7/17/2012
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Genting Continues Push For Florida Casino [sub req'd]
(Florida) -- A political action committee created in April by Genting already has raised and spent about $600,000 to bolster efforts to open destination resort casinos...
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Genting M’sia to benefit from changes to Singapore’s casino law
(Singapore) -- Genting Malaysia Bhd could benefit from the spillover effect of the proposed regulatory amendments to Singapore's Casino Control Act (CCA) as the...
7/8/2012
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Genting slips on concerns over Singapore casino fine
(Malaysia) -- Shares of Genting Bhd slipped on Monday amid profit taking and also concerns about the impact on its 52%-owned Genting Singapore following a stricter...
7/6/2012
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Revival of casino investment
(Bahamas) -- The announcement that Resorts World Genting in partnership with RAV Bahamas, Ltd. will open a 10,000 square foot casino at the Bimini Bay Resort and Marina...
7/3/2012
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Casino giants Crown and Genting vie for control of Echo Entertainment
(Australia) -- THE casino groups vying for control of junior rival Echo Entertainment have been buoyed by a regulatory decision allowing a fund manager to increase its...
7/2/2012
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Genting ramps up bid to increase stake in Echo
(Australia) -- KT Lim’s Genting casino group is reportedly ramping up its efforts to gain approval for an increased stake in Echo Entertainment, according to a...
7/1/2012
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Genting plans luxury casino in Bahamas
(Bahamas) -- Malaysia’s Genting Group plans to open a luxury boutique casino on the tiny island of Bimini as part of a US$24 million (RM76 million) deal,...
6/30/2012
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Bimini Set for Major Investment
(Bahamas) -- The island of Bimini is set out to receive a major boost to its economy. Genting Malaysia will partner with RAV Bahamas to launch Resorts World Bimini Bay,...
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Prime Minister announces boutique casino for Bimini
(Bahamas) -- Prime Minister the Rt. Hon. Perry Gladstone Christie announced a new luxury boutique casino for the Bimini Bay Resort and Casino during a press conference...
6/29/2012
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Bahamas seeks Genting investment beyond Bimini
(Bahamas) -- If Bahamian government leaders have their way, the opening of Resorts World Bimini Bay will be only the beginning of Genting Group’s footprint in the...
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Malaysian developer Genting Group to build casino in Bahamas
(Bahamas) -- Malaysian developer Genting Group plans to open a luxury boutique casino on the tiny island of Bimini as part of a US$24 million (S$31 million) deal,...
6/28/2012
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Genting Group opening luxury boutique casino in Bimini
(Bahamas) -- Genting Group’s efforts to bring a casino to Miami may be uncertain, but the Malaysian company has found a way to plant its flag just a stone’s...
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Genting plans casino resort in Bahamas
(Bahamas) -- Genting is set to announce plans to develop a casino property at Bimini Bay Resort and Marina in the Bahamas.
6/26/2012
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Now Genting wants nod for more than 10% stake in Echo
(Australia) -- THE Malaysian casino billionaire KT Lim has followed in the footsteps of his Australian rival, James Packer, with his Genting group seeking regulatory...
6/25/2012
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Genting applies to lift stake in Echo -source
(Australia) -- Malaysian gaming group Genting Group has applied to Australian state government authorities to boost its stake in Australian casino operator Echo...
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Genting Said to Seek Approval to Raise Echo Stake Above 10%
(Australia) -- Companies linked to Genting Bhd. (GENT) and its Chairman Lim Kok Thay sought approval for boosting a stake in Echo Entertainment Group Ltd. (EGP) above 10...
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Genting seeks to lift stake in Australia's Echo
(Australia) -- Genting Group has applied to Australian authorities to boost its stake in Australian casino operator Echo Entertainment, a source said, potentially...
6/24/2012
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Echo, in which Genting has a share, reaches deal with US bond holders
(Australia) -- Australian casino group Echo Entertainment has agreed to modified terms with its U.S. bond holders, which will allow it to use the proceeds of its A$454...
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Meet Genting's KT Lim, the man who could block James Packer's casino push
(Australia) -- As John Story packed his desk at Echo Entertainment group, a casualty of James Packer’s campaign for control, Genting Group quietly bought a small...
6/19/2012
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Genting raises Echo stake to near 10 pct-sources
(Australia) -- Genting Group has increased its stake in Echo Entertainment to almost 10 percent, sources with knowledge of the matter said, putting the Malaysian gaming...
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Genting stake now echoes that of Crown
(Australia) -- STRONG trading in Echo Entertainment shares on the market yesterday is believed to have raised Asian casino operator Genting's stake to about 9.4 per...
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Genting Likes the Echo Effect
(Australia) -- Away from the booming casinos of Macau and Singapore, Australia is getting some unusual attention in the gambling world after a Malaysian company bought a...
6/18/2012
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Asian gaming firm ups stake in Echo
(Australia) -- Asian gaming giant Genting Group has taken a major stake in Australian casino operator Echo Entertainment.
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Genting confirms new 2.8pc holding in Echo, continues buying today
(Australia) -- GENTING Group is believed to be buying more Echo Entertainment stock today, on its march toward a 10 per cent stake in the casino company.
6/13/2012
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Another shark circles Echo - Malaysian mogul KT Lim joins the battle to control The Star
(Australia) -- ONE is vying to build the world's biggest casino, the other is determined to open a second Sydney gambling destination on the Barangaroo harbourfront.
6/11/2012
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Asian gamer's Echo bid eyes Crown jewels
(Australia) -- THE Asian gaming giant aiming to gain control of besieged casino group Echo Entertainment has more than $4.5 billion to wage a protracted takeover battle.
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Capital raising on Echo’s cards
(Australia) -- Echo Entertainment Group is poised to launch a capital raising as two of its biggest shareholders, billionaires James Packer and Malaysia’s KT Lim,...
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Packer courting Malaysian ally for Echo takeover bid
(Australia) -- JAMES Packer is expected to meet Malaysian casino magnate KT Lim as early as this week after Mr Lim's Genting Casinos revealed on Friday that it had...
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Australia’s Echo may be Genting’s door to Macau: report
(Macau) -- There is growing speculation that two of the largest shareholders of Australian casino operator Echo Entertainment, namely Genting Singapore and Crown Ltd,...
6/8/2012
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Cash-rich Genting hungry for new gaming markets
(Australia) -- Malaysia's Genting Berhad sits on more cash than any other gaming operator in the world, yet it is raising additional billions on the debt market,...
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Chips Down For Echo in Aussie Casino Battle
(Australia) -- The chips are down in the battle for Australian casino company Echo Entertainment Group.
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Genting sparks takeover talk
(Australia) -- Casino and resort operator Genting Singapore yesterday said it had taken a stake in Echo Entertainment, raising the prospect of a battle for control over...
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Genting takes stake in Australia's Echo, sparks takeover talk
(Australia) -- Singapore gaming operator Genting (GENS.SI) said on Friday it had taken a stake in Echo Entertainment (EGP.AX), raising the prospect of a battle for...
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Singapore's Genting takes 4.9pc Echo stake, confuses Crown's board campaign
(Australia) -- SINGAPORE-BASED Genting Casinos is understood to have built a 4.9 per cent stake in Echo Entertainment, providing a further block to James Packers...
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Unhappy ending for Echo's Story
(Australia) -- John Story, until a few hours ago the chairman of Sydney's Star casino owner Echo Entertainment Group, has discovered that there are no mates in the...
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Analysts: Cash-rich Genting likely to be on gaming acquisition spree
(Singapore) -- Genting Bhd sits on more cash than any other gaming operator in the world, yet it is raising additional billions on the debt market, fuelling speculation...
5/2/2012
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Schools weigh gambling giant Genting's offer for 8 sites
(Florida) -- Miami-Dade County School District officials are sitting on an offer by a firm affiliated with Malaysian casino giant Genting to buy a group of properties at...
4/18/2012
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Genting Casino announces start date for work on £2m casino refit
(UK) -- GENTING Casino has announced the start date for work on its spectacular new home in Southport’s £30m Waterfront development.
4/11/2012
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Is a $4.7 Billion Bet Pending for Aussie Casino Operator?
(Singapore) -- Casino operator Genting Singapore has plenty of chips to play after raising over $1.8 billion since February. That’s led to speculation an up to 4.5...
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Time for Genting to Place Its Bet
(Singapore) -- Genting Singapore is building a hefty war chest that could fund serious bets on expansion in Asia. But where will it put the money?
3/23/2012
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Genting moving forward with Resorts World Miami development minus the casino
(Florida) -- Malaysia-based Genting Group is moving forward with a resort development in Miami, even though Florida lawmakers ended any chances last month for casino...
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Miami Resort Project Plans Downsized
(Florida) -- Even without casino gambling, the Genting Group said it is moving ahead with a dramatically scaled down mixed-use plan for Resorts World Miami.
3/21/2012
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Genting Scraps Plans for Herald Site, Goes Back to the Drawing Board
(Florida) -- Genting Group shocked South Florida when the bought up the Miami Herald's current bay front property and unveiled their ostentatious plans for Resort...
3/20/2012
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Genting Group downsizes plans for Miami resort site
(Florida) -- Even without casino gambling, Genting Group said Tuesday it is moving ahead with a dramatically scaled down mixed-use plan for Resorts World Miami.
3/18/2012
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Genting bets big on Miami waterfront casino
(Florida) -- At an event late last month in a trendy Miami neighbourhood, politicians and real estate moguls mingled with artists and musicians. In between sets of jazz...
2/7/2012
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US bill delay likely to pressure Genting shares
(Wall Street) -- Genting Malaysia Bhd may come under some selling pressure when the market reopens today after the Florida legislature postponed the tabling of a bill...
2/6/2012
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DeFede: Why Genting’s Casino Pitch Failed
(Florida) -- After spending half a billion dollars on South Florida real estate, as well as hiring an army of lobbyists, why did the Malaysian gambling giant Genting...
2/3/2012
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Casino Bill Backed by Genting Stalls in Florida’s Legislature
(Florida) -- A Florida House of Representatives committee won’t consider this year a proposal to allow casino gambling, stalling plans by Genting Bhd. (GENT) to...
2/2/2012
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Poll backed by Genting dollars shows support for casino resorts in Miami-Dade
(Florida) -- A new advocacy group funded at least in part by a Malaysian casino operator will unveil a poll Friday showing strong support for the company’s...
1/27/2012
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The Genting Group Meets With S. Fla. Business Owners For Support
(Florida) -- Developers of the proposed 3 billion dollar Miami casino resort project met with a key group of people today, the owners and managers of office buildings...
1/15/2012
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Genting beats the odds
(Malaysia) -- THE odds have turned to Genting Malaysia Bhd's favour to build a US$3.8bil (RM11.4bil) casino and hotel complex in Florida after a state Senate...
1/12/2012
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Genting, trying to win hearts and minds, advertises on Spanish-language radio in Miami
(Florida) -- Guess who's one of the sponsors of the annual Three Kings Day parade in Little Havana's Calle Ocho? Resorts World Miami, the name of the proposed $4...
1/10/2012
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Genting Boost as Florida Casino Plan Clears First Senate Hurdle
(Florida) -- Florida (STOFL1) would become the most populous state with full casino gambling outside American Indian control under a proposal that has cleared its first...
1/9/2012
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Genting’s Miami casino clears first legislative hurdle
(Malaysia) -- Gaming giant Genting’s plans for a US$3.8 billion (RM12 billion) casino-and-hotel complex in Florida gained a victory yesterday after a state Senate...
1/2/2012
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Florida Casino Legislation Moves Forward as Genting's Boost to Miami Economy Being Watched Nationally
(Florida) -- Right now, the Florida Legislature is on holiday break but soon it will be back in session up in Tallahassee working on one of the biggest jobs to be...
12/26/2011
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Genting hype is hurting casino bill
(Florida) -- Just a few months ago, Genting Malaysia was hailed as a model for all the good casino gambling could bring to South Florida.
12/25/2011
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Casinos could be jackpot for condo-hotels
(Florida) -- South Florida’s condo industry is reaching an almost giddy level of optimism in anticipation of the January session of the Florida legislature, when...
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Future of casinos in Florida may come down to jobs
(Florida) -- Sun-drenched Miami has beaches, South Beach nightspots, a new stadium for the Miami Marlins and athletic superstars like LeBron James. But nearly 300,000...
12/20/2011
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BLOG: More pushback against casinos
(Florida) -- Resorts World Miami reacted quickly Tuesday to the notion that The Miami Herald's headquarters building should be preserved rather than torn down for a...
12/13/2011
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Genting pushes back on 'largest casino' claim
(Florida) -- The Malaysian company pushing for a massive resort on the Miami waterfront said Monday it does not want to put the world’s largest casino there,...
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Genting’s Miami casino revenue projections near the top
(Florida) -- Genting said this week its casino on the Miami waterfront wouldn’t be the largest in the world. But the dollars flowing through the facility are...
12/12/2011
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Discussions begin for and against Miami gambling
(Florida) -- Groups of eager casino backers are talking about playing more games in Miami-Dade, but not everyone wants them here. Millionaire car mogul Norman Braman was...
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Genting: our Miami casino won’t be the largest in the world
(Florida) -- The Malaysian company pushing for a massive resort on the Miami waterfront said Monday it does not want to put the world’s largest casino there,...
12/11/2011
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Genting Aims to Make Sense With Its Family Values
(Florida) -- Genting Group is plowing ahead with a proposed US$3.8 billion resort in Miami that could be the world's largest casino, but some worry that the...
12/8/2011
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STUTZ: Proposed Miami casino could deal blow to Strip
(Las Vegas) -- A Malaysia-based gaming company plans to fill a proposed Miami casino complex with would-be Las Vegas gamblers, siphoning an estimated $1 billion to $2...
12/6/2011
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AIF touts gambling bill
(Florida) -- Associated Industries of Florida, flagged by building and construction companies, promoted legislation to bring three destination casinos to the state, but...
12/3/2011
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Miami casino plan could start shrinking
(Florida) -- The world’s largest casino has brought some imposing political problems, too. Six months after Genting Group announced plans for a massive casino...
12/1/2011
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Top Florida lawmakers to Genting: Shut up
(Florida) -- State Sen. Ellyn Bogdanoff and Rep. Erik Fresen, the two South Florida Republicans sponsoring legislation for mega-casinos in the upcoming session, don'...
11/30/2011
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NPR: In Miami, Plans For Mega-Casinos Bring Hope And Ire
(Florida) -- A high-stakes gamble is playing out in Miami, where a Malaysian developer, the Genting Group, plans to spend more than $3 billion to build what it touts as...
11/28/2011
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Dreaming of a New Vegas in Miami
(Florida) -- A Malaysian gambling company wants to build what could be the world's largest casino on prime land along Miami's waterfront. It has spent about $450...
11/21/2011
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BLOG: The mother of all casinos is coming to South Florida
(Florida) -- Genting Group is proposing to build Resorts World Miami, a ten million square foot, mixed use development. The development is classified as a destination...
11/20/2011
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OP/ED: Casino gambling issue deserves to be vetted
(Florida) -- There's a fight brewing in Florida. It's bigger than UCF vs. USF, and it's bigger than FSU vs. UF; it's a war for our economy. On one side sits the Genting...
11/19/2011
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OP/ED: In casino fight, all bets are off
(Florida) -- An international resort company wants to build a huge casino on the shore of Biscayne Bay, where this newspaper now stands. Journalists aren’t...
11/17/2011
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Genting may buy more land in Miami
(Florida) -- The Genting Group wants to add the School Board of Miami-Dade County’s 10 acres in downtown Miami to the 30 acres it already owns as it plans a...
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Resorts World Miami takes ownership of the Omni Center and Hilton Hotel
(Florida) -- The development of one of the most impactful real estate projects in Florida history took an important step forward today when Resorts World Miami assumed...
11/16/2011
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Genting’s spectacular promises raise legislative doubts
(Florida) -- In the debut debate over the resort casinos bill Wednesday, the head of Genting Americas offered legislators glittering promises and pitches — from...
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Miami mayor hedges his support of Genting casino, which is counting on South Florida eclipsing Las Vegas Strip in gambling dollars
(Florida) -- The developer behind a plan to build the world’s largest casino on the Miami waterfront predicts gamblers will spend more in South Florida than they...
11/14/2011
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Resorts World Miami Completes Acquisition of Adjacent Omni Center, Represents First Step in Development of $3.8 Billion Destination Resort
(Florida) -- The development of the largest U.S. real estate development in eight years took an important step forward today when Resorts World Miami assumed the...
11/9/2011
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Sands gets where Genting needs to go
(Florida) -- Every single attendee of Monday’s Greater Miami Chamber of Commerce forum on destination gambling owes a debt of gratitude to Genting, the casino...
11/8/2011
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Genting’s Miami Bayfront Casino Brews Opposition From South Beach, Disney
(Florida) -- Genting Bhd. (GENT)’s plan for a $3.8 billion casino-and-hotel complex along Miami’s Biscayne Bay has turned into a fight over gambling and jobs...
11/3/2011
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BLOG: Gambling in Miami: Genting is All In
(Florida) -- Since the 60s, Miami has created an infamous reputation that has attracted jetsetters from across the globe. Washington and Collins avenues on South Beach,...
11/1/2011
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Gambling Addiction in Florida Is On the Rise as Genting Eyes Giant Downtown Miami Casino
(Florida) -- The Florida Council on Compulsive Gambling reports it has seen a large uptick in calls to its help line in the past year, indicating that gambling addiction...
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Casinos must grease many palms to repair their damages
(Florida) -- Where the world's largest casino would rise, some want Genting's Resorts World Miami to ante up to be their friend. Among demands: rebuild I-395,...
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Las Vegas Sands says one Miami resort casino is plenty
(Florida) -- In what could shape into a battle of casino giants, Las Vegas Sands Corp. plans to compete with Genting Group and other gaming industry leaders for one of...
10/28/2011
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In Florida Battle, Casino Cash vs. Disney Image
(Florida) -- Genting paid $236 million for The Miami Herald building as part of a 30-acre string of bayfront properties for the casino. On one side is the Florida...
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The greatest gamble ever: Developers in Miami punt $3.8bn on building world's biggest casino resort
(Florida) -- The stakes are high in Miami where the world's biggest casino - to eclipse the gaming floors of Las Vegas' top six gambling dens combined - could...
10/27/2011
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Genting's project plans in Miami call for 5,200 rooms, 800,000 square feet of gaming
(Florida) -- Las Vegas Sand Corp. Chairman Sheldon Adelson loves to say “bigger is better” when discussing his casino projects, such the company’s...
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Just how big is the proposed casino in Miami?
(Florida) -- If we had to settle on one word to describe the $3 billion proposal for Genting's Resorts World Miami in downtown Miami at the current Miami Herald site...
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Miami casino would be bigger than Vegas competitors
(Florida) -- Can Miami handle the biggest casino in the world? That was the question raised Wednesday as local leaders pored over a bill designed to bring three large...
10/25/2011
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Miami resort developer out to siphon off Vegas visitors
(Las Vegas) -- A top executive with Malaysian-based gaming giant Genting Group said his company is taking dead aim at Las Vegas with its plans to build a multibillion-...
10/24/2011
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Genting game to fly punters to Miami
(Florida) -- The Genting group is dead serious about the potential of its casino resort plan in sunny Miami, so much so that it is willing to buy 50% of seats to make...
10/22/2011
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With casino gambling bill near, Genting executive shares vision for resort, jobs
(Florida) -- It is a lazy, rainy day in Tallahassee and Colin Au, the president of Genting Americas, has arrived in town on a mission — to meet with every one of...
10/21/2011
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Arsht Center: gambling resort needs to up the ante
(Florida) -- Shortly after the Genting Group bought The Miami Herald site and announced plans for Resorts World Miami, it reached out to its new next-door neighbor at...
10/19/2011
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Destination Casino Gambling in Florida Becomes Hot Issue as Multi-Billion Dollar Suitors Circle Miami
(Florida) -- On the heels of the recent announcement a few months ago by Malaysian-based Genting Group to build the estimated $3.5 billion dollar, 6-tower 'Resorts...
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Pending Bill Paves Way for 3 Major Gambling Operations in South Florida
(Florida) -- It has flash and excitement, and the whole town is talking about it. Genting Miami destination resort has stirred up the possibility of big time gambling in...
10/18/2011
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Polls show strong local support for casinos in Miami-Dade, but statewide reluctance
(Florida) -- Voters in Miami-Dade County’s most conservative state Senate district strongly support bringing casinos to South Florida, a new Genting-backed poll...
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Rubio, not a gambling fan, is staying away from casino debate
(Florida) -- Sen. Marco Rubio, who once sued Gov. Charlie Crist over a gambling compact, reaffirmed his opposition to gaming today, but signaled he would likely not get...
10/17/2011
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New Miami casino would be world's largest casino, anti-gambling group claims
(Florida) -- If we had to settle on one word to describe the $3 billion proposal for Genting's Resorts World Miami in downtown Miami at the current Miami Herald site...
10/14/2011
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BLOG: Who holds the best hand: The Mouse or the Malaysian?
(Florida) -- It could be the biggest political interest-group slug-fest of 2012: Mega-wealthy resort casino developers who want to plant a flag in South Florida versus...
10/13/2011
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Genting's US$3.8bil Resorts World Miami development moves forward
(Malaysia) -- The Genting group has taken another step forward in its US$3.8bil (RM11.94bil) Resorts World Miami development in Florida, the United States, after...
10/12/2011
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BLOG: Why would Islam play a role in casino debate?
(Florida) -- Norman Braman isn't one to shy away from controversy, and The Miami Herald this morning said he had the "most explosive comments" about...
10/11/2011
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City, county mayors meet to hash out impact of Genting plan
(Florida) -- The city of Miami and Miami-Dade County have agreed to study costs associated with a potential casino on the bay-front Miami Herald site, then show a...
10/8/2011
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Juding ruling leaves more gambling up to Legislature
(Florida) -- The Genting Group, which is hoping the Legislature will grant it a gambling license for its $3 billion Resorts World Miami project in downtown Miami, views...
10/2/2011
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OP/ED: Florida needs a comprehensive plan to manage, expand gambling
(Florida) -- A $3 billion resort on Miami's waterfront that could include a casino? Florida's gambling prospects certainly have gotten a lot more ambitious since...
9/29/2011
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Legislators consider casinos in Miami
(Florida) -- Las Vegas-style casinos could be coming to the Magic City. South Florida lawmakers believe it could be the solution to his city's financial woes, but...
9/28/2011
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Ante set at $2.5 billion to set up a South Florida casino
(Florida) -- Under newly drafted legislation, you could be one of three mega-casino operators permitted in South Florida — as long as you have $2.5 billion to...
9/27/2011
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Three Miami mayors block Genting casino
(Florida) -- Joe Carollo's Chevy Impala idles at a red light on North Bayshore Drive at NE 14th Street. Dressed in a neat white polo shirt tucked into pressed khaki...
9/25/2011
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Genting Malaysia to Invest $3 Billion on Resorts World Miami
(Malaysia) -- Genting Malaysia Bhd., a Southeast Asian casino-operator, plans to invest $3 billion to develop a bayfront resort on land currently housing the Miami...
9/23/2011
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Miami Sen. Rene Garcia toured Genting’s Singapore casino
(Florida) -- State Sen. Rene Garcia spent his summer vacation doing research — at one of the World’s largest gambling resorts in Singapore. “I loved it...
9/21/2011
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BLOG: Supposed Tea Party Leaders Support Resorts World Miami Casino
(Florida) -- Recent research seems to suggest that the Tea Party is just the old, trusty religious right wrapped up in a shiny new package. Apparently, South Florida...
9/20/2011
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Genting casino will kill Miami and Miami Beach
(Florida) -- Luther "Luke" Campbell, the man whose booty-shaking madness made the U.S. Supreme Court stand up for free speech, gets as nasty as he wants to be...
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Genting deals winning hand for Miami
(Florida) -- As the epicenter of the nation’s Medicare fraud and capital of assorted con men, scam artists and Ponzi schemers, we should be extremely leery of...
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Resorts World Miami to perform well regardless of casino licence
(Malaysia) -- Analysts maintain their positive outlook on Genting Malaysia Bhd’s (Genting Malaysia) US$3 billion Resorts World Miami (RWM) venture despite...
9/19/2011
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Downtown Miami Gets One Step Closer to $3B Mixed-Use Development
(Florida) -- Arquitectonica has completed the master plan for Resorts World Miami, a $3 billion mixed-use project Malaysia-based Gentig Group is planning on prime...
9/16/2011
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Resorts World Miami Includes Plans For Over 50 Restaurants
(Florida) -- Resorts World Miami, the mega resort/casino/condo/convention center being planned by Genting may not be finished for a few years, but one thing's for...
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$3 billion destination casino plan for Miami unveiled
(Massachusetts) -- The Genting Group on Wednesday doubled the footprint for Resorts World Miami as part of a calculated step to win support for a gambling license from...
9/15/2011
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Genting buys remaining Omni debt, reveals resort plans
(Florida) -- The Genting Group on Wednesday doubled the footprint for Resorts World Miami as part of a calculated step to win support for a gambling license from the...
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Genting Reveals Plans for 10-Million-Square-Foot Resort (With Casino) on Miami Herald Site
(Florida) -- Get ready for the idea of giant sail-looking buildings staring at you from Biscayne Bay, and perhaps more important, prepare for the idea of a casino in...
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Genting: We can bring 5,000 jobs to Omni by fall 2012
(Florida) -- The Genting Group is promising to start gambling operations at the Omni International Mall and employ 5,000 people by fall 2012 if the state gives the go...
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Optimism, caution in reaction to Genting plan
(Florida) -- A day after getting the first look at plans for Resorts World Miami, local business and civic leaders were trying to figure out the impact this $3 billion...
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Proposed casino hopes to lure in whale-sized wallets
(Florida) -- With its wave-like towers and sprawling lagoon, the downtown Miami casino proposed by the Genting Group is meant to honor the city’s aquatic identity...
9/14/2011
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$3 billion destination casino plan for Miami unveiled
(Florida) -- A company known for glamorous global resorts showed off stunning plans for a massive project that would accelerate Miami's reputation for the exotic...
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Futuristic Miami resort is ‘different from anything we’ve done before’
(Florida) -- The gambling resort that would replace the Miami Herald building would have a futuristic design with a casino and shopping mall, two residential towers and...
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Genting unveils plan for Miami bayfront resort
(Florida) -- Imagine swimming from Biscayne Boulevard to Biscayne Bay where The Miami Herald now sits. A 3.6-acre outdoor lagoon — equivalent to 12 Olympic-size...
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Genting's casino plan features outdoor lagoon and 10 million sq. ft. of glitz
(Florida) -- A 3.6-acre outdoor lagoon — equivalent to 12 Olympic-size swimming pools and surrounded by natural sand beaches — is the centerpiece of the $3...
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