Singapore | World Casino News

Brokerage lowers Genting Singapore estimates following Marina Bay Sands results

July 27, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, 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, Latest Casino and Gambling News, Gaming Law & Legislation, China, 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

Latest Casino and Gambling News, Economy/Finance, 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

Kim M

June 30, 2016

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

Latest Casino and Gambling News, Casino proposals, 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

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

Latest Casino and Gambling News, Asian Casino 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

Latest Casino and Gambling News, Economy/Finance, 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

Kim M

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...

Malaysian gambler tries to use Australian law for protection against debt in Singapore with Resorts World Sentosa

Sadonna Price

April 11, 2016

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

Lim Soo Kok is a Malaysian gambler who has reportedly tried to use his ties in Australia to get out of a debt owed with Resorts World Sentosa, a gambling resort venue of Singapore. The gambler has assets in Aus...

Suspected cheating at Marina Bay Sands; four arrested

Kim M

March 16, 2016

Latest Casino and Gambling News, Casino Cheating, Singapore

According to a press statement released by police, four people suspected of attempting to cheat patrons at the Marina Bay Sands casino have been arrested. Police said today that they were alerted to suspecte...

Resorts World Sentosa lays off casino employees

Sadonna Price

February 19, 2016

Latest Casino and Gambling News, Economy/Finance, Labor Relations, Singapore

During the period of Chinese New Year, Resorts World Sentosa decided to lay off as many as 30 employees. In Singapore, the casino decided to cut several staff members including cashiers on the gaming floor as w...

Bernstein says, Genting Singapore should outperform

Kim M

February 9, 2016

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

Bernstein reports, due to strong cash flow generation, resumption of sizeable share buyback, and a stabilizing Singapore gaming market Genting Singapore PLC (GENS:SP )stocks are expected to outperform. Accor...

Boss of fake casino chip syndicate arrested in Singapore

Kim M

January 3, 2016

Casino News, Latest Casino and Gambling News, Casino Cheating, World Casino News, Gaming Industry News, Asian Casino News, Malaysia, Fines, Lawsuits & Litigation, Singapore

On Saturday a 54-year-old man from Singapore was charged with possession and use of counterfeit casino chips. Toh Hock Thiam was arrested on December 31 in Malaysia by the Singapore Police Force. Toh is beli...

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Brokerage lowers Genting Singapore estimates following Marina Bay Sands results

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

Fitch Ratings reaffirms Genting Berhad’s A- grade

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

South Korean Casino project receives additional investment from Genting Singapore

Resorts World Sentosa lays off almost 400 employees

Las Vegas Sands considering Marina Bay Sands expansion

On-site Alipay Payments now available at Resorts World Sentosa

Singapore tourist numbers boosted by casinos

Regulator renews Adelson’s Marina Bay Sands casino license

Malaysian gambler tries to use Australian law for protection against debt in Singapore with Resorts World Sentosa

Suspected cheating at Marina Bay Sands; four arrested

Resorts World Sentosa lays off casino employees

Bernstein says, Genting Singapore should outperform

Boss of fake casino chip syndicate arrested in Singapore

Bally’s $300M Star Investment at Risk Over AUSTRAC Penalty

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