GGRAsia – Singapore

Singapore

Current casino oversight best for Singapore: regulator

Dec 12, 2018 Newsdesk Latest News, Singapore, Top of the deck

The coordinated arrangements for supervising Singapore’s casino resorts are working well, a Casino Regulatory Authority (CRA) official has told an international conference. The authority posted on...

Singapore GGR to decline 2.4pct in full 2018: Bernstein

Dec 10, 2018 Newsdesk Latest News, Singapore, Top of the deck

Brokerage Sanford C. Bernstein Ltd expects market-wide gross gaming revenue (GGR) in Singapore to reach SGD$6.20 billion (US$4.53 billion) in full-year 2018, a decline of 2.4 percent in year-on-year...

GEN Singapore positive on VIP business, Nomura says

Dec 10, 2018 Newsdesk Latest News, Singapore, Top of the deck

There is room for growth in the VIP rolling chip volume at Singapore’s Resorts World Sentosa despite a flat outlook for the mass-market segment at the Genting Singapore Ltd casino resort, analysts...

Singapore visitor tally up 7.5pct, year to Sept 30

Nov 09, 2018 Newsdesk Latest News, Singapore, Top of the deck

Singapore had just over 14.03 million visitors in the first nine months of this year, 7.5 percent more than in the corresponding period last year, official data indicate. The Singapore Tourism Board...

GEN Singapore 3Q profit up 46pct despite flat gaming rev

Nov 08, 2018 Newsdesk Latest News, Singapore, Top of the deck

Net profit at Singapore casino operator Genting Singapore Ltd rose 46 percent year-on-year in the third quarter to SGD210.4 million (US$153.4 million), compared with SGD143.79 million in the...

Resorts World Sentosa scraps plastic straws

Oct 30, 2018 Newsdesk Latest News, Singapore, Top of the deck

The Resorts World Sentosa casino resort in Singapore says it is no longer giving customers plastic drinking straws as part of an effort to protect the natural environment from pollution. The Genting...

LVS 3Q profit flat, doubling spending on Cotai revamp

Oct 25, 2018 Newsdesk Latest News, Macau, Singapore, Top of the deck

Las Vegas Sands Corp chairman Sheldon Adelson says the group is to double the amount it previously announced it would invest in some of its Cotai infrastructure in the next few years. The news came...

Singapore casino op fines down 64pct fiscal 2017: CRA

Oct 04, 2018 Newsdesk Latest News, Singapore, Top of the deck

The annual report for 2017-2018 released by Singapore’s Casino Regulatory Authority (CRA) indicated that in financial year 2017, the aggregate fines levied on Singapore’s two gaming resort...

Genting builds Singapore casino market share: Bernstein

Sep 03, 2018 Newsdesk Latest News, Singapore, Top of the deck

Casino resort operator Genting Singapore Ltd increased its share of the slowly-growing Singapore casino gaming market in the first half of this year, says brokerage Sanford C. Bernstein Ltd. In a...

Gamblers help Singapore’s 1Q tourism receipts stay steady

Aug 29, 2018 Newsdesk Latest News, Singapore, Top of the deck

Spending on gaming, entertainment and sightseeing in Singapore rose to almost SGD1.5 billion (about US$1.1 billion) in the first quarter of this year, about 6 percent more than a year earlier. For...