Paradise Co Ltd, a South Korea-based operator of foreigner‐only casinos, reported a strong third quarter (ending 30 September 2025) with net profit rising approximately 70% year-on-year to KRW 33.43 billion.
Hong Kong-listed Century Entertainment International Holdings Ltd (Stock Code: HK) has revealed plans to expand its gaming business into Vietnam. The group recently formed a joint venture focused on gaming systems platforms, which generated over HK$5 million (around US$643,000) in its first three months of operation — a sign of early traction in its pivot to platform-based gaming.
Malaysian conglomerate Genting Berhad has issued MYR 900 million (roughly US $216.2 million) in one-year medium-term notes through its subsidiary Genting RMTN Bhd. The issuance is under the group’s MYR 10.0 billion MTN programme, with the net proceeds earmarked to partly finance the acquisition of the remaining ordinary shares in Genting Malaysia Berhad (GenM) that Genting Berhad does not already hold.
Malaysia’s communications regulator, the Malaysian Communications and Multimedia Commission (MCMC), has formally summoned Meta Platforms to provide a detailed explanation following a report by Reuters that suggests roughly 10 % of Meta’s 2024 revenue—approximately US $16 billion—may have come from adverts tied to scams and illegal gambling. The Malaysian government, represented by Communications Minister Fahmi Fadzil, characterised the findings as “very worrying” if proven true, given that the alleged ad activities conflict with Malaysian law.
SkyCity Entertainment Group has received formal approval from the New Zealand Gambling Commission to renew the 15-year venue licence for its SkyCity Queenstown Casino property, effective from 7 December 2025. The renewal aligns with the provisions in the Gambling Act 2003, which permits venue licence extensions of this length.
Author: Janice Chew • Tuesday, 11/11/2025
