GGRAsia – Singapore

Singapore

Singapore, Macau regulators talk supervision at symposium

Aug 21, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck

Singapore’s Casino Regulatory Authority is hosting next week the 5th Singapore Symposium on Gambling Regulation and Crime. The event, taking place on 29 and 30 August in Singapore, features a...

Singapore’s 1Q tourist income down 4.8pct

Aug 08, 2019 Newsdesk Latest News, Singapore, Top of the deck

The Singapore Tourism Board says tourism receipts in the city-state fell by 4.8 percent year-on-year in the first quarter of 2019, to approximately SGD6.54 billion (US$4.7 billion). The decline was...

Brokerages concerned with GEN Singapore’s bad debt level

Aug 05, 2019 Newsdesk Latest News, Singapore, Top of the deck

The significant increase in bad debt reported by Genting Singapore Ltd in the three months to June 30 “dragged” on the firm’s earnings, representing a “negative surprise” and hinting to a...

Genting Singapore 2Q profit down despite revenue growth

Aug 02, 2019 Newsdesk Latest News, Singapore, Top of the deck

Genting Singapore Ltd reported net profit of SGD168.4 million (US$122.3 million) for the second quarter of 2019, a figure 5.2 percent down on the comparable period a year earlier. That was despite a...

Genting HK makes Michael Goh president of Dream Cruises

Jul 31, 2019 Newsdesk Industry Talk, Latest News, Rest of Asia, Singapore

Genting Hong Kong Ltd, a subsidiary of Malaysian gaming company Genting Bhd, says it has appointed Michael Goh to the positions of president of its Dream Cruises business and head of international...

Tao Group opens Japanese restaurant at Marina Bay Sands

Jul 26, 2019 Newsdesk Industry Talk, Latest News, Singapore

United States-based hospitality company Tao Group opened on Friday in Singapore an outlet called Koma, which it claims is a new style of Japanese restaurant and sushi bar. It is located at the Marina...

LVS hopes Singapore expansion operating in 2024: Goldstein

Jul 25, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck

Casino operator Las Vegas Sands Corp (LVS) hopes a new tower, part of its planned US$3.3-billion expansion project for its Marina Bay Sands casino resort (pictured) in Singapore, will be “in...

Sands China reports 20pct 2Q profit leap on mass strength

Jul 25, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck

Macau-based casino operator Sands China Ltd recorded a net profit of US$511 million for the second quarter of this year, a 19.7-percent increase over the corresponding period in 2018. Based on the...

Singapore greets 7.77mln tourists in five months to May

Jul 10, 2019 Newsdesk Latest News, Singapore, Top of the deck

Official data indicate that Singapore welcomed almost 7.77 million foreign visitors in the first five months of this year, 1.5 percent more than in the corresponding period last year. Figures...

New casinos in ASEAN a risk to Singapore: JP Morgan

Jul 03, 2019 Newsdesk Japan, Latest News, Macau, Singapore, Top of the deck

New, high-quality casino resorts in the Philippines and Cambodia are more likely to be a commercial threat to Singapore’s casino duopoly than to Macau’s six-operator oligopoly. That is the...