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HLIB Research: Tourist Influx Spurs Growth in Malaysia’s Gaming Sector

July 23, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases, Singapore

The second half of 2024 is expected to mark a significant recovery for the gaming sectors in Malaysia and Singapore. Hong Leong Investment Bank Research (HLIB Research) has advised investors to maintain an "ove...

Singapore’s New Casino Deposit Threshold Bill Could Pass Within Months

Johnny K.

July 10, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Gaming Industry News, Asian Casino News, Singapore

Singapore is poised to pass a bill that will lower the threshold for cash deposits in its casinos, according to a top industry expert cited by Asia Gaming Brief. This legislative move, anticipated to be approve...

Singapore Gaming Market Outshines Macau in Post-Pandemic Recovery

Vanja Mitic

June 5, 2024

Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, Singapore

During this year's G2E Asia conference in Macau, Praveen Choudhary, Managing Director of Morgan Stanley Asia Limited, underscored Singapore's remarkable resurgence in the gaming sector. Contrary to Macau, Singa...

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

Vanja Mitic

May 30, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Unsavory reports, Gaming Industry News, Money Laundering, Asian Casino News, Online Gambling 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

May 13, 2024

Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, World Casino News, 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

April 25, 2024

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...

Singapore Excludes Criminal Legal Aid Recipients from Setting Foot in Casinos

Marija Malenovic

April 9, 2024

Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Taxation, Crime, Taxes, Fines, Lawsuits & Litigation, Singapore

Accused persons currently getting criminal legal assistance aren't permitted to set foot in Singapore’s jackpot rooms or casinos, nor to gain access to their Singapore Pools wagering accounts as long as they ha...

Chinese Embassy Warns Its Citizens in Singapore to Stop Gambling

Vanja Mitic

March 18, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, China, Online gambling regulation, Gaming Industry News, Mobile gaming, Unlicensed Operation, Online Gambling News, Singapore

China is concerned about its citizens betting in Singapore. The Chinese embassy in Singapore issued a statement in which it warned its citizens to stop placing bets in the city-state, as it doesn’t comply with ...

Financial Report Finds Marina Bay Sands the Leading Gaming Brand Worth $6.16 Billion

Radosav Milutinovic

February 7, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Asian Casino News, Macau, Online Gambling News, Financial Press Releases, Singapore

The landmark casino resort Marina Bay Sands has been rated the global leading casino brand in terms of brand value in the “Gambling 25 2024” report from the United Kingdom-based consultancy Brand Finance Plc. T...

Hard Rock Hotel Singapore Shuts Down Due to Resorts World Sentosa Expansion

Vanja Mitic

February 5, 2024

Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Gaming Industry News, Singapore

Hard Rock is closing its operations at Resorts World Sentosa (RWS) casino resort owned by Genting Singapore Ltd. The popular Singapore resort is working on the planned expansion, and a lot of changes will be ma...

Las Vegas Sands Hit the Records in Q4 of 2023, Adjusted Property EBITDA Is US$1.20 Billion

Vanja Mitic

January 26, 2024

Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Macau, Financial Press Releases, Singapore

The popular Las Vegas Sands published the figures from Q4 of 2023, and the Adjusted Property EBITDA was US$1.20 billion in October, November, and December. The figures were increased partly because of renewed M...

How To Play Safely, Following Singapore’s and Other High Profile Casino Data Breaches

Kim M

January 9, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Hacking, Gaming Industry News, Technology, Data Protection, Online Gambling News, Crime, Financial Fraud, Singapore

A major consideration of customers of both land-based casinos and internet gambling sites when deciding where to spend their hard-earned money is whether or not their personal and financial information will be ...

Genting Singapore To Potentially Bid for Thai IR and Casino License, Maybank Says

Marija Malenovic

January 8, 2024

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Asian Casino News, Licensing, Taxes, Singapore, Thailand

Genting Singapore, owner of the famous Resorts World Sentosa, would likely bid for an integrated resort and casino license in the Kingdom of Thailand. However, for that to happen, the government of Thailand mus...

November Visitor Arrivals To Singapore Reach 1.1 Million

Marija Malenovic

December 13, 2023

Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Singapore

November's number of visitors to Singapore was 1.1 million, which was flat on a monthly basis in comparison to October's number of 1.13 million. According to the newest figures from the Singapore Tourism Board,...

Singapore’s Regulator Fines Resort World Sentosa US$1.67 Million for Due Diligence Failures

Radosav Milutinovic

December 11, 2023

Gaming Law & Legislation, Casino News, Gaming Industry News, Asian Casino News, Fines, Lawsuits & Litigation, Singapore

Following the failure to conduct customer due diligence checks as required by the respective regulation, the gambling operator Resorts World Sentosa (RWS) has been fined US$1.67 million by the Singapore’s Gambl...

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HLIB Research: Tourist Influx Spurs Growth in Malaysia’s Gaming Sector

Singapore’s New Casino Deposit Threshold Bill Could Pass Within Months

Singapore Gaming Market Outshines Macau in Post-Pandemic Recovery

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

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

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

Singapore Excludes Criminal Legal Aid Recipients from Setting Foot in Casinos

Chinese Embassy Warns Its Citizens in Singapore to Stop Gambling

Financial Report Finds Marina Bay Sands the Leading Gaming Brand Worth $6.16 Billion

Hard Rock Hotel Singapore Shuts Down Due to Resorts World Sentosa Expansion

Las Vegas Sands Hit the Records in Q4 of 2023, Adjusted Property EBITDA Is US$1.20 Billion

How To Play Safely, Following Singapore’s and Other High Profile Casino Data Breaches

Genting Singapore To Potentially Bid for Thai IR and Casino License, Maybank Says

November Visitor Arrivals To Singapore Reach 1.1 Million

Singapore’s Regulator Fines Resort World Sentosa US$1.67 Million for Due Diligence Failures

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