GGRAsia – Singapore

Singapore

Singapore casino GGR likely to grow in 2018: Fitch

Nov 28, 2017 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck

Singapore’s casino gross gaming revenue (GGR) is likely to grow in 2018, sustaining a trend already reported in the first half of 2017. So says a 2018 casino market outlook report from Fitch...

Singapore casino entry levy tally down 8pct: Tote Board

Nov 24, 2017 Newsdesk Latest News, Singapore, Top of the deck

The aggregate amount of money raised from the casino entry levy in Singapore fell 7.6 percent year-on-year in the 12 months to March 31, according to the Singapore Totalisator Board, the body...

Visits to Singapore by mainland Chinese up 5pct in 1H

Nov 07, 2017 Newsdesk Latest News, Singapore, Top of the deck

Mainland China was the biggest single source of international visitors to Singapore in the first half of 2017, contributing just over 1.55 million arrivals, an increase of 5 percent on the prior-year...

GEN Singapore 3Q profit pace outruns gaming gain

Nov 06, 2017 Newsdesk Latest News, Singapore, Top of the deck

Net profit at Singapore casino operator Genting Singapore Plc rose 35 percent year-on-year in the third quarter, on gaming revenue up a more modest 11 percent, the firm said in a Monday filing to the...

Bernstein ups 2017 Singapore casino VIP GGR outlook

Nov 03, 2017 Newsdesk Japan, Latest News, Singapore, Top of the deck

Brokerage Sanford C. Bernstein Ltd is revising upward by 18 percent its full-year 2017 market-wide estimates for Singapore casino VIP gross gaming revenue (GGR). In a note on Friday, the institution...

MBS links with TAO Group to open LAVO restaurant

Nov 03, 2017 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s Marina Bay Sands is to officially launch a LAVO-branded restaurant on December 31 with a New Year’s Eve party. The announcement was made by the operator of the casino resort, Marina...

GEN Singapore to raise US$177mln via yen bonds

Oct 19, 2017 Newsdesk Latest News, Singapore, Top of the deck

Singapore casino operator Genting Singapore Plc aims to raise a total principal amount of JPY20 billion (US$177 million) via publicly-offered Japanese yen-denominated bonds, it said on Tuesday. The...

Singapore casino op fines down 61 pct fiscal 2016: CRA

Oct 06, 2017 Newsdesk Latest News, Singapore, Top of the deck

Aggregate fines levied on Singapore’s two gaming resort operators by the city-state’s casino regulator showed a 60.5 percent decline in financial year 2016, compared to the prior-year period....

Genting Singapore opens Tokyo branch office

Sep 21, 2017 Newsdesk Japan, Latest News, Singapore, Top of the deck

Casino operator Genting Singapore Plc has established a branch office in Tokyo, Japan. The announcement was made by the company on Wednesday. The firm said in a filing to the Singapore Exchange the...

Singapore tourism visits up 4.5 pct in year to June

Sep 12, 2017 Newsdesk Latest News, Singapore, Top of the deck

There was a total of 8.54 million visits by tourists to Singapore in the first half of 2017, up by 4.5 percent year-on-year, according to data from the Singapore Tourism Board. The expansion in the...