Singapore

Genting Reports Decline in Q3 2024 Revenue and Profit Amid Global Challenges

Johnny K.
Las Vegas, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases, Singapore, Nevada
Genting Berhad, the Malaysian multinational corporation known for its diverse ventures in the gaming and entertainment industry, reported a significant decline in revenue and profit for the third quarter of 202...

Genting Singapore Breaks Ground on US$5 Billion Resorts World Sentosa Waterfront Expansion

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, Casino openings, Casino project updates, Gaming Industry News, Singapore
On a landmark Friday, November 15th, the grounds of Resorts World Sentosa (RWS) became the focal point of a major advancement in Singapore’s hospitality and entertainment sector. The initiation of a SG$6.8 bill...

High-Stakes Drama: Singaporean High-Roller Ordered to Repay Millions to Australian Casino

Vanja Mitic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Singapore
In a tale weaving through the grandeur of international casinos, Dr. Wong Yew Choy, a Singaporean high-roller, has found himself in a legal entanglement demanding the repayment of a colossal sum of A$38.7 milli...

Singapore Charges Bankers in Major Money-Laundering Case

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Money Laundering, Online Gambling News, Asian Casino News, Crime, Fines, Lawsuits & Litigation, Singapore
Singapore's legal system took a decisive step by formally charging two former bank relationship managers, marking a significant development in the country's largest-ever money-laundering scandal. This action re...

Singapore Warns of Medium-High Risk for Environmental Crime Money Laundering in Casino Industry

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Unsavory reports, Gaming Industry News, Money Laundering, Online Gambling News, Asian Casino News, Crime, Singapore
A newly released report from multiple Singapore agencies has drawn attention to the casino industry as one of the sectors at medium-high risk for potential exploitation in environmental crime money laundering. ...

Genting Singapore’s Q1 2024: Revenue Soars 62%, Expansion Plans on Track

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, Singapore
Genting Singapore, a prominent player in the integrated resort industry, has unveiled its stellar performance for the first quarter of 2024. Boasting revenue of SG$784.4 million ($580 million) and adjusted EBIT...

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Marija Malenovic
Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Malaysia, Licensing, Singapore
Anwar Ibrahim, the Prime Minister of Malaysia, has reportedly met up with 2 of Malaysian's top business leaders, including Lim Kok Thay, CEO of Genting Malaysia Bhd, to talk about the chance of issuing a 2nd ca...