GGRAsia – Singapore

Singapore

Marina Bay Sands opens Tao Group nightclub April 12

Feb 22, 2019 Newsdesk Latest News, Singapore, Top of the deck

The Marina Bay Sands casino resort in Singapore, run by a subsidiary of United States-based gaming firm Las Vegas Sands Corp, is to open a new nightclub on the weekend of April 12 and 13, according...

GEN Singapore 4Q profit up 13pct on gaming revenue jump

Feb 21, 2019 Newsdesk Latest News, Singapore, Top of the deck

Net profit at Singapore casino operator Genting Singapore Ltd rose 13.1 percent year-on-year in the fourth quarter of 2018 to SGD150.2 million (US$111.0 million), compared to SGD132.8 million in the...

GEN Singapore to show higher VIP share 4Q: Bernstein

Feb 19, 2019 Newsdesk Latest News, Singapore, Top of the deck

Genting Singapore Ltd has gained market share in that city’s casino duopoly in the crucial VIP gambling segment during the fourth quarter, according to brokerage Sanford C. Bernstein Ltd. Genting...

Singapore reports record tourism income in 2018

Feb 14, 2019 Newsdesk Latest News, Singapore, Top of the deck

Tourists flocked to Singapore in greater numbers than ever before last year, spending a record amount on gaming, sightseeing and entertainment, says the Singapore Tourism Board. The city-state’s...

Singapore regulator renews licence of Resorts World Sentosa

Feb 01, 2019 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s casino regulator has renewed the licence of the Resorts World Sentosa casino resort (pictured in a file photo). The Casino Regulatory Authority of Singapore and the owner of the casino...

VIP scenario brighter in Singapore than Macau: Maybank

Jan 15, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck

Maybank Kim Eng, the investment bank in the Malayan Banking Bhd group, sees a greater potential for growth in gross gaming revenue (GGR) among Singapore’s VIP gamblers than it does for the same...

At record pace, Singapore greets 15.5 mln tourists to Oct

Dec 18, 2018 Newsdesk Latest News, Singapore, Top of the deck

Official data indicate that Singapore welcomed almost 15.5 million foreign visitors in the first 10 months of this year, 7.14 percent more than in the corresponding period last year. Figures compiled...

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...