GGRAsia – Singapore

Macau to see fastest APAC casino recovery: ICE Asia

Jun 09, 2020 Newsdesk Latest News, Macau, Singapore, Top of the deck

The timing of a return of tourist travel to Macau and casino revenue approaching late-2019 levels was a matter of “speculation,” heard on Monday a panel at the inaugural edition of ICE Asia,...

Singapore reviews its casino law regarding FATF compliance

Jun 08, 2020 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s government and its casino regulator are reviewing provisions in the country’s Casino Control Act in order to ensure they “fully” comply with reporting standards recommended for...

Single gambling regulator for Singapore logical: experts

Jun 05, 2020 Newsdesk Features, Latest News, Singapore, Top of the deck

Singapore’s plan to establish by 2021 a new body known as the Gambling Regulatory Authority (GRA) to oversee in the city-state all such business including casino resorts, has been described by...

Marina Bay Sands probed over AML practices: report

Jun 05, 2020 Newsdesk Latest News, Singapore, Top of the deck

The Marina Bay Sands casino resort (pictured) in Singapore is being investigated by the United States Department of Justice over compliance procedures in relation to the venue’s anti-money...

China biz folk can apply from June 8 for Singapore trips

Jun 04, 2020 Newsdesk Latest News, Singapore, Top of the deck

Chinese business people or officials that have been sponsored by “government agencies” will be able from June 8 to apply for inbound travel to Singapore, according to a Wednesday announcement by...

Singapore, China eye mutual restart to business travel

Jun 01, 2020 Newsdesk Latest News, Singapore, Top of the deck

Authorities in Singapore and China hope from early this month to enable “essential travel” for business and official purposes between the two countries, Singapore’s Ministry of Foreign Affairs...

Okada Manila 1Q net sales down 6pct amid pandemic

May 29, 2020 Newsdesk Latest News, Philippines, Singapore, Top of the deck

Japanese gaming conglomerate Universal Entertainment Corp says its group net sales in the first three months of 2020 actually rose, by 80.1 percent, to JPY40.77 billion (US$380 million), from nearly...

Dynam looks to get casino video slots into Singapore

May 29, 2020 Newsdesk Japan, Latest News, Singapore, Top of the deck

Hong Kong-listed Dynam Japan Holdings Co Ltd says Singapore regulatory approval is being sought for a series of casino video slot machine products it has been involved in developing. Macau-approved...

Shareholders nod GEN Singapore US$212mln dividend

May 28, 2020 Newsdesk Latest News, Singapore, Top of the deck

Stockholders of casino operator Genting Singapore Ltd on Thursday approved at the annual general meeting a final dividend for 2019 amounting in aggregate to about SGD302 million (US$212.8 million),...

Vegas scheme drag on GEN parent amid Covid-19: Nomura

May 26, 2020 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck, World

The standalone balance sheet of Malaysia’s Genting Bhd, the parent of a range of casino operating businesses in Asia-Pacific and beyond, is already “weaker” than previously, and the current...