Tagged Genting Singapore

Genting Singapore shareholders back firm’s Japanese casino initiative

February 5, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses

Shareholders for the Genting Singapore subsidiary of Asian gambling giant Genting Malaysia Berhad have reportedly overwhelmingly voted to support the firm’s attempt at securing one of a trio of coming Japanese ...

Rusutsu Resort to join battle for Japanese casino license

Adam Morgan

November 20, 2017

Latest Casino and Gambling News, Casino News, Japan, Mergers, Acquisitions & Partnerships

The field of those interested in operating one of the integrated casino resorts being planned for Japan now has another player after local tourism firm Kamori Kanko Company Limited announced the signing of an a...

Singapore continues to attract mainland Chinese tourists

Adam Morgan

November 8, 2017

Latest Casino and Gambling News, Economy/Finance, Singapore

Tourists from mainland China reportedly accounted for some 18% of the international visitors that entered Singapore during the first half of 2017 with their 1.55 million individual arrivals representing an incr...

Crown Resorts Limited could abandon Japan casino intentions

Adam Morgan

October 24, 2017

Latest Casino and Gambling News, Australia, Casino News, Japan

The largest shareholder in Crown Resorts Limited has reportedly played down the prospects that the Australian casino giant will be pushing for the right to operate an integrated casino resort in Japan due to co...

Genting Singapore establishes Tokyo office

Adam Morgan

September 21, 2017

Latest Casino and Gambling News, Casino News, Japan

In hopes of gaining an advantage over its competition and secure the rights to build at least one of the integrated casino resorts set for Japan, Asian gaming giant Genting Singapore has reportedly established ...

Sheldon Adelson warns of lower Japanese investment

Adam Morgan

September 4, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Japan

Sheldon Adelson, the outspoken Chief Executive Officer for Las Vegas Sands Corporation, has reportedly criticized the group of civil servants currently formulating the specific rules and guidelines for Japan’s ...

Genting Singapore reports extremely profitable second quarter

Adam Morgan

August 3, 2017

Latest Casino and Gambling News, Economy/Finance, Singapore

Asian casino operator Genting Singapore has released its second-quarter financial results showing that higher revenues along with lower sales costs helped to push its net profit for the period up by over 800% y...

Rural Japan criticizes official casino location guidelines

Adam Morgan

May 26, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Japan

In Japan, many smaller cities have reportedly expressed criticism at official government guidelines published earlier this month that are set to require operators and municipalities to team up in order to submi...

Jeju Shinhwa World disposal bolsters Genting Singapore’s bottom line

Adam Morgan

May 15, 2017

Latest Casino and Gambling News, Economy/Finance, Singapore

Asian casino operator Genting Singapore has released its financial results for the first quarter of the year showing a 4% drop year-on-year in overall revenues to $419.56 million although its adjusted earnings ...

Japanese governor recommends new integrated casino resorts be foreigner-only

Adam Morgan

May 15, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Japan

As legislators in Japan continue the process of crafting specific rules governing the nation’s coming integrated casino resorts, the governor for Wakayama Prefecture has reportedly suggested that only foreigner...

Sega Sammy Holdings Incorporated joins list of those wanting Japanese casino

Adam Morgan

May 12, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Japan

Japanese pachinko innovator Sega Sammy Holdings Incorporated has reportedly announced that it is hoping to acquire a majority stake in one of its nation’s planned integrated casino resorts. According to a re...

Diplomatic row between China and South Korea could be helping Malaysia

Adam Morgan

May 9, 2017

Latest Casino and Gambling News, Economy/Finance, Malaysia

The ongoing diplomatic dispute between China and South Korea could reportedly be helping casino operators in other Asian nations including Genting Malaysia via its Resorts World Genting integrated casino resort...

Condominium development opens at Jeju Shinhwa World

Adam Morgan

April 26, 2017

Latest Casino and Gambling News, Casino project updates, South Korea

After earlier this year finalizing a deal to take full control of the under-construction Jeju Shinhwa World integrated casino resort in South Korea, Chinese real estate firm Landing International Development Li...

Genting Singapore “well placed” to bid for Japan casino license

Adam Morgan

February 23, 2017

Latest Casino and Gambling News, Casino News, Economy/Finance, Asian Casino News

A day after Melco Crown Entertainment Limited unveiled its proposed plans for a casino in the city of Osaka and Asian gambling rival Genting Singapore has reportedly declared that it has “sufficient financial r...

Osaka announces plan for Yumeshima Island integrated casino resort

Adam Morgan

February 9, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Japan, Licenses

After lawmakers in Japan passed enabling legislation late last year that could see up to three integrated casino resorts legalized from the beginning of 2019, Osaka has reportedly become the first city to offic...