GGRAsia – Singapore

MBS expansion has greater ROI potential: Bernstein

Jun 30, 2020 Newsdesk Latest News, Singapore, Top of the deck

The expansion project of Marina Bay Sands (MBS) in Singapore is likely to see an edge in terms of return on investment (ROI) potential, compared to that of market rival Resorts World Sentosa,...

RWS expansion time risk, tours recovery maybe 2022: COO

Jun 29, 2020 Newsdesk Latest News, Singapore, Top of the deck

There is likely to be “slippage” in the timetable for building the expansion to the Resorts World Sentosa casino resort (pictured) in Singapore amid the Covid-19 crisis, and tourism might recover...

Both Singapore casinos back July 1 to top guests, levy play

Jun 29, 2020 Newsdesk Latest News, Singapore, Top of the deck

The casino at Marina Bay Sands in Singapore will reopen on Wednesday (July 1) to “selected” customers and with extra safety steps in place, as will some attractions at the resort’s ArtScience...

Apac gaming ops EBITDA to decline 70pct in 2020: Moody’s

Jun 26, 2020 Newsdesk Latest News, Macau, Rest of Asia, Singapore, Top of the deck

Aggregated earnings before interest, taxation, depreciation and amortisation (EBITDA) of casino companies with exposure to Asia-Pacific (Apac) markets will “fall around 70 percent in 2020 before a...

Marina Bay Sands, lenders to amend credit facility details

Jun 22, 2020 Newsdesk Latest News, Singapore, Top of the deck

Singapore casino operator Marina Bay Sands Pte Ltd has reached a deal with its lenders to amend an existing credit facility agreement. The announcement was made by the firm’s parent. U.S.-based...

Nearly 200 shops resume operation at Marina Bay Sands

Jun 19, 2020 Newsdesk Latest News, Singapore, Top of the deck

Nearly 200 shops, including tenant-run food and drink outlets, reopened from Friday (June 19) at the mall (pictured in a file photo) at the Marina Bay Sands casino resort, the venue said in a message...

Singapore casinos reopen some non-gaming from Friday

Jun 18, 2020 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s two casino resorts are respectively opening some non-gaming facilities from Friday (June 19) as the city-state proceeds that day with phase two of its exit from Covid-19...

Entertainments to stay closed in Singapore phase two easing

Jun 17, 2020 Newsdesk Latest News, Singapore, Top of the deck

Although Singapore is due in the early hours of Friday (June 19) to move to phase two of its programme to reopen economic activity following the initial Covid-19 crisis, there will still be a ban on...

No updates on Singapore casino reopenings: CRA

Jun 10, 2020 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s Casino Regulatory Authority (CRA) told GGRAsia in a Wednesday email that it did “not have new updates to share” regarding how much longer Singapore’s two casino resorts would be...

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,...