Tagged marina bay sands

Singapore inaugurates new Gambling Regulatory Authority watchdog

August 16, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Lottery, Licenses, Online Gambling News, Singapore

Some five months after ratifying new regulatory legislation and the government of Singapore has reportedly inaugurated its new Gambling Regulatory Authority watchdog as a direct replacement for its former Casin...

Las Vegas Sands Corporation records second-quarter net loss of $290 million

Adam Morgan

July 21, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Singapore

American casino operator Las Vegas Sands Corporation has released its second-quarter unaudited financial results showing that its net loss for the three-month period rose by slightly over 51% year-on-year to hi...

Shinzo Abe ‘legacy’ to include premiere of Japanese integrated casino resorts

Adam Morgan

July 11, 2022

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

Last week’s assassination of former Japanese Prime Minister Shinzo Abe (pictured) has reportedly been felt far and wide as the 67-year-old was one of the main protagonists in the effort to bring Las Vegas-style...

Las Vegas Sands Corporation boss expresses Marina Bay Sands optimism

Adam Morgan

April 28, 2022

Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Singapore

The boss for American casino operator Las Vegas Sands Corporation has reportedly announced that he expects his company’s Marina Bay Sands property to rack up $1 billion in adjusted earnings before interest, tax...

Las Vegas Sands Corporation in talks regarding new Asian casino resort

Adam Morgan

March 14, 2022

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships

The boss for American casino operator Las Vegas Sands Corporation has reportedly announced that his firm is in negotiations with ‘a major country’ in Asia regarding the possible development of a new gambling-fr...

Marina Bay Sands begins $1bn revitalization project in Singapore

Sadonna Price

February 9, 2022

Latest Casino and Gambling News, Casino expansion projects, Singapore

A few changes are coming to the Marina Bay Sands in Singapore, with the operator set to spend $1 billion to revitalize the facility. The plan marks the largest reinvestment for the property since it started off...

Singapore passes legislation to introduce a tiered casino tax system

Adam Morgan

January 11, 2022

Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Taxation, Singapore

In Singapore and legislators have reportedly amended the Casino Control Act following over two years of discussion and debate to institute a new tiered tax system for the island nation’s pair of giant integrate...

Singapore and Malaysia annual aggregated casino revenues to recover in 2022

Adam Morgan

November 24, 2021

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Malaysia, Singapore

Prominent credit ratings agency Fitch Ratings Incorporated has reportedly predicted that Singapore’s aggregated casino revenues for the whole of next year will likely hit around 75% of their 2019 levels at appr...

Coronavirus-related third-quarter disappointment for Sands China Limited

Adam Morgan

October 21, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau, Singapore

Macau casino operator Sands China Limited has reportedly recorded a net loss of $423 million for the three months to the end of September as it continues to deal with the turmoil caused by the ongoing coronavir...

Macau casinos upping their fight against coronavirus

Adam Morgan

October 15, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Macau

The firms behind the 41 casinos in Macau have reportedly upped their campaigns against coronavirus by comprehensively implementing new rules that require employees to be fully vaccinated or present weekly negat...

Singapore casino resorts stepping up their fight against coronavirus

Adam Morgan

October 14, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Singapore

The two giant integrated casino resorts in Singapore have reportedly instituted new rules that require all customers wanting to enjoy their facilities to be fully vaccinated against coronavirus. According to...

COVID-19 outbreak in Singapore shuts down Marina Bay Sands indefinitely

Sadonna Price

July 22, 2021

Latest Casino and Gambling News, Singapore

A COVID-19 outbreak is, unfortunately, growing in Singapore, causing a shutdown of certain services in the hopes of quelling the spread. The Marina Bay Sands announced it has closed indefinitely while the viru...

Singapore floating proposals that would legalize some forms of social gaming

Adam Morgan

July 12, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, The Players Lounge, Online Gambling News, Singapore

The government for Singapore has reportedly proposed a series of amendments to its laws that would legalize some forms of social gaming while simultaneously placing caps on video game ‘loot boxes’ and other ass...

Singapore looking at a long road to gaming revenues recovery

Adam Morgan

June 10, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Singapore

It could reportedly take up to four years for the two large integrated casino resorts in Singapore to fully recover from the impacts of the coronavirus pandemic and post aggregated annual gross gaming revenues ...

Las Vegas Sands Corporation facing $12 billion lawsuit in Macau

Adam Morgan

June 9, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Macau and Las Vegas Sands Corporation is reportedly facing a $12 billion lawsuit over allegations tied to its receipt of a casino license in the world’s biggest gambling hub some two decades ago. Accordin...