Tag: Casino Industry
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Namibia’s New Bet: How Vaino Nghipondoka Is Redrawing the Country’s Casino and Sports Betting Landscape
Namibia’s Betting Boom Gets a Boost from a Notable Investor Namibia is witnessing a notable shift in its gaming and entertainment sector as veteran businessman Vaino Nghipondoka expands into the casino and sports betting space. The recent move marks a transition from a career rooted in government tenders to a privately funded venture aimed at…
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Genting’s RM6.74B Bid to Privatize Genting Malaysia Amid NY Casino Push
Genting Moves to Take Genting Malaysia Private Genting Berhad announced on October 13 a conditional cash offer to acquire all remaining shares of Genting Malaysia Berhad it does not already own. Valued at RM6.74 billion (about S$2.1 billion), the proposal aims to privatise Genting Malaysia and consolidate control over the group’s casino and hospitality arm.…
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Genting Bids RM6.74 Billion to Privatize Genting Malaysia, Consolidating Casino Arm
Genting Announces Conditional Cash Offer to Take Genting Malaysia Private In a move to consolidate control over its casino and hospitality arm, Genting Group has unveiled a conditional cash offer to acquire the remaining Genting Malaysia shares it does not own. The bid, valued at RM6.74 billion (about S$2.1 billion), was disclosed on October 13…