GGRAsia – Singapore

Singapore

Singapore, Royal Caribbean launch fly-cruise partnership

Nov 27, 2019 Newsdesk Latest News, Singapore, Top of the deck

Casino cruise ship operator Royal Caribbean International has signed a “multimillion-dollar marketing partnership” with the Singapore Tourism Board and Changi Airport Group to promote...

Singapore’s 2Q tourist income down 1.3pct

Nov 13, 2019 Newsdesk Latest News, Singapore, Top of the deck

The Singapore Tourism Board says tourism receipts in the city-state fell by 1.3 percent year-on-year in the second quarter of 2019, to approximately SGD6.51 billion (US$4.78 billion). The decline was...

Macau casino retender process likely pragmatic: Fitch

Nov 12, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck

Fitch Ratings Inc says it anticipates the Macau government will take a “pragmatic” approach to the expected public retender of Macau gaming rights that will be occasioned by the upcoming expiry...

GEN Singapore 3Q profit down as gaming rev declines

Nov 07, 2019 Newsdesk Latest News, Singapore, Top of the deck

Genting Singapore Ltd reported net profit of nearly SGD158.9 million (US$117.1 million) for the third quarter of 2019, down 24.5 percent on the comparable period a year earlier. That was due to a...

Singapore casino levy hike affects GGR outlook: analyst

Oct 25, 2019 Newsdesk Latest News, Singapore, Top of the deck

Singapore citizens and permanent residents required to pay for either a 24-hour entrance levy or a year-long pass to enter the city-state’s two casinos, might choose not to renew the latter due to...

LVS 3Q profit down 7pct, stays upbeat on Macau outlook

Oct 24, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck, World

Third-quarter net income attributable to shareholders of United States-based casino operator Las Vegas Sands Corp was down 6.7 percent year on year. Such net income for the three months to September...

Big jump in CRA fines on Singapore casino sector 2018-19

Oct 04, 2019 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s Casino Regulatory Authority (CRA) imposed for financial year ended March 31 an aggregate of SGD745,000 (US$540,000) in fines on the city-state’s duopoly casino industry for breaches...

GEN Singapore plans US$3.2bln in yen bonds for Japan

Sep 30, 2019 Newsdesk Japan, Latest News, Singapore, Top of the deck

Casino investor Genting Singapore Ltd plans to issue Japanese yen-denominated bonds up to a value of JPY350 billion (US$3.2 billion) for “working capital and general corporate purposes in Japan”,...

Asia Pacific casino host economies hit by trade war: Fitch

Sep 11, 2019 Newsdesk Latest News, Macau, Philippines, Singapore, Top of the deck

Economic activity across the Asia-Pacific region “continues to weaken on softening global demand and uncertainty associated with the escalation of the United States-China trade war,” says a...

Marina Bay Sands could gain from HK uncertainties: DB

Sep 09, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck

Las Vegas Sands Corp’s Marina Bay Sands casino resort (pictured) in Singapore could benefit in the near term from any potential displacement of player activity in Macau that might be linked to the...

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Asia Pioneer bullish on its long-term growth

Nov 14, 2019

Sponsored feature | Management at Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd expects its business to continue to expand, with the firm looking to build its presence in Macau and tap into new markets in Southeast Asia. So says Herman Ng Man Ho, company managing director and chief...