GGRAsia – Singapore

New Lim cruise biz only months after GEN HK in liquidation

May 18, 2022 Newsdesk Latest News, Singapore, Top of the deck

A casino cruise brand reportedly controlled by Malaysian entrepreneur Lim Kok Thay is to launch services from Singapore fewer than five months after the Lim family-founded Dream Cruises brand of the...

GEN Singapore posts US$29mln 1Q profit, up sequentially

May 12, 2022 Newsdesk Latest News, Singapore, Top of the deck

Casino operator Genting Singapore Ltd reported a net profit of SGD40.4 million (US$28.9 million) for the first quarter of 2022, up 17.3 percent from the previous quarter. It represented a...

MBS gets platinum sustainability rating via intl events body

May 09, 2022 Newsdesk Latest News, Singapore, Top of the deck

The Marina Bay Sands (MBS) casino resort in Singapore said in a press release it had achieved ‘platinum’ certification under the Events Industry Council (EIC) Sustainable Event Standards for...

Singapore air travel volume 40pct of pre-Covid in April

May 05, 2022 Newsdesk Latest News, Singapore, Top of the deck

Air passenger volume at Singapore Changi Airport (pictured in a file photo) rose from about 18 percent of pre-Covid 19 levels in March, to nearly 40 percent of pre-pandemic business in April, said...

Spectra outdoor show back at MBS after more than 2 years

May 03, 2022 Newsdesk Latest News, Singapore, Top of the deck

Spectra, an outdoor light show and water display (pictured in a file image) presented by the Marina Bay Sands (MBS) casino resort in Singapore, has returned as a nightly event after more than a...

Resorts World Sentosa veteran exec named GEN Sing CEO

May 03, 2022 Newsdesk Latest News, Singapore, Top of the deck

Tan Hee Teck, since 2010 the president and chief operating officer of Genting Singapore Ltd, has been appointed company chief executive, the firm said in a Sunday filing to the Singapore Exchange....

More MBS hotel suites, good for premium play: Bernstein

Apr 28, 2022 Newsdesk Latest News, Singapore, Top of the deck

The number of hotel suites at the Marina Bay Sands (MBS) casino resort (pictured) in Singapore will rise by 200 percent, from 150 to 450, as part of an ongoing US$1-billion refurbishment of...

‘Singapore is back’: LVS chairman

Apr 28, 2022 Newsdesk Latest News, Macau, Singapore, Top of the deck

International casino operator Las Vegas Sands Corp (LVS) expects its Marina Bay Sands integrated resort to achieve a run rate in terms of earnings before interest, taxation, depreciation and...

LVS negative Macau EBITDA 1Q, group profit on Nevada sale

Apr 28, 2022 Newsdesk Latest News, Macau, Singapore, Top of the deck

Macau casino operator Sands China Ltd slipped back to negative adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) in the first quarter, and generated a net loss of...

Gaming recovery to continue as Asia picks up: Moody’s

Apr 26, 2022 Newsdesk Latest News, Macau, Singapore, Top of the deck

The global gaming market will continue to recover “as Asia eases restrictions,” says a Monday memo from Moody’s Investors Service Inc. “The gaming recovery will continue as travel...