Singapore | World Casino News

Singapore registers a 55 percent increase in tourism from Mainland China during first half of 2016

September 2, 2016

China, India, Latest Casino and Gambling News, Singapore

The tourism industry in Singapore has shown signs of a recovery during the first half of 2016, thanks to an influx of visitors from Mainland China. The Singapore Tourism Board (STB) recently released data which...

Genting posts strong second quarter results due to UK gaming and Malaysia operations

Renee Kingsley

August 30, 2016

Financial Press Releases, Latest Casino and Gambling News, Malaysia, Singapore

Genting Malaysia, the entertainment conglomerate recently announced that it has had a strong second quarter and its net profit rose to 294.7 million ringgit, which was a 334 percent increase when compared to th...

Jail sentences for Marina Bay Sands casino cheats

Adam Morgan

August 8, 2016

Casino Cheating, Latest Casino and Gambling News, Singapore

Thirteen Thai nationals have been given prison sentences after being convicted of attempting to scam the casino at Marina Bay Sands out of around $1.02 million in a case described by a judge as “unparalleled bo...

Indonesian police foil rocket attack on Singapore’s Marina Bay

Adam Morgan

August 8, 2016

Crime, Latest Casino and Gambling News, Singapore

In Indonesia, counter-terrorism police have arrested six suspected militants on charges that they were allegedly planning to launch a rocket attack on downtown Singapore and its Marina Bay district from a nearb...

Singapore regulator calls for increased international cooperation

Adam Morgan

August 1, 2016

Conferences / Trade Shows, Crime, Gaming Industry News, Latest Casino and Gambling News, Singapore

The head of Singapore’s casino regulator has called on contemporaries from across the globe to work together in order to better address the threats posed by trans-national crime and the challenges presented by ...

Brokerage lowers Genting Singapore estimates following Marina Bay Sands results

K Morrison

July 27, 2016

Economy/Finance, Financial Press Releases, Latest Casino and Gambling News, Singapore

Las Vegas Sands this week reported that at its Marina Bay Sands resort VIP volume for the second quarter of 2016 decreased by 29 percent, but a 0.7 point increase in VIP along with a 6 percent rise in slots han...

Possible Casino Resorts In Busan, South Korea discussed during international forum

Renee Kingsley

July 6, 2016

Casino proposals, China, Gaming Law & Legislation, Latest Casino and Gambling News, Macau, Singapore, South Korea

The first ever Global Busan Tourism Forum was held in Busan towards the end of June 2016 and one of the hot topics discussed was the possibility of developing a mega casino resort in Busan that would boost tour...

Fitch Ratings reaffirms Genting Berhad’s A- grade

Adam Morgan

July 4, 2016

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

Credit ratings agency Fitch Ratings has reaffirmed the long-term foreign-currency issuer default rating (IDR) and unsecured rating of “A-” held by casino operator Genting Berhad thanks to its “strong market pos...

$120,000 recouped by authorities in Singapore smartphone slot scam

K Morrison

June 30, 2016

Casino Cheating, Fines, Lawsuits & Litigation, Latest Casino and Gambling News, Singapore

So far police have recovered approximately $120,000 in winnings resulting from a syndicate member’s use of sophisticated technology to cheat two Singapore casinos. In the first case of its kind, The Straight...

South Korean Casino project receives additional investment from Genting Singapore

Renee Kingsley

June 22, 2016

Casino proposals, Latest Casino and Gambling News, Singapore, South Korea

South Korea’s casino industry has benefited from the downturn in Macau’s casino industry and a number of gambling operators across the world are looking to invest heavily into the South Korean casino industry. ...

Resorts World Sentosa lays off almost 400 employees

Adam Morgan

June 10, 2016

Economy/Finance, Latest Casino and Gambling News, Singapore

Genting Singapore has cut the 1,200-strong workforce at its giant Resorts World Sentosa casino resort in Singapore by almost 400 people over the past few weeks in order to mediate the impact of falling revenues...

Las Vegas Sands considering Marina Bay Sands expansion

Adam Morgan

June 3, 2016

Casino proposals, Economy/Finance, Latest Casino and Gambling News, Singapore

The Marina Bay Sands casino and resort could well soon feature a new 1,200-room tower along with an entertainments arena after operator Las Vegas Sands revealed it may be looking to expand its development in Si...

On-site Alipay Payments now available at Resorts World Sentosa

Alex Lanter

May 25, 2016

Asian Casino News, Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Singapore

Singapore-based casino complex Resorts World Sentosa announced on Monday that it started a strategic collaboration with Chinese mobile payment provider Alipay, making it possible for customers to make on-site p...

Singapore tourist numbers boosted by casinos

Adam Morgan

May 10, 2016

Economy/Finance, Latest Casino and Gambling News, Singapore

The number of tourists making Singapore their end destination in 2016 is expected to increase by up to 8% year-on-year to 16.5 million thanks in part to the city-state’s ending of a decades-long ban on casinos....

Regulator renews Adelson’s Marina Bay Sands casino license

K Morrison

April 29, 2016

Latest Casino and Gambling News, Licenses, Singapore

Sheldon Adelson’s Marina Bay Sands Casino has been approved to operate in the city-state for an additional three years. Last week, the city state’s Casino Regulatory Authority (CRA) announced that the casino...