GGRAsia – Singapore

Singapore-local gambling rate at 19yr low: survey

Nov 28, 2024 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s overall gambling participation rate in 2023 among local adults – as gauged in an official survey guaranteeing participant confidentiality – was the lowest since the periodic...

Marina Bay Sands projects 40pct EBITDA leap post extension

Nov 20, 2024 Newsdesk Latest News, Singapore, Top of the deck

The promoter of the Marina Bay Sands casino resort in Singapore is forecasting a 40 percent leap in adjusted property earnings before interest, taxation, depreciation and amortisation (EBITDA) once a...

Marina Bay Sands tapping US$9bln loan to expand: report

Nov 19, 2024 Newsdesk Latest News, Macau, Singapore, Top of the deck

The Marina Bay Sands (MBS) casino resort (pictured) in Singapore is seeking a circa SGD12-billion (US$8.96-billion) loan amid planned expansion of the property, said business news outlet Bloomberg in...

RWS casino renewal 2yrs on ‘unsatisfactory’ tourism effort

Nov 19, 2024 Newsdesk Latest News, Singapore, Top of the deck

The casino licence of Resorts World at Sentosa Pte Ltd, the operating entity of the Resorts World Sentosa (RWS) casino complex, has been renewed for two years – a period shorter than permitted...

GEN Sing starts Waterfront development, eyes 2030 launch

Nov 15, 2024 Newsdesk Latest News, Singapore, Top of the deck

Genting Singapore Ltd, the operator of the Resorts World Sentosa casino resort, broke ground on Friday for the new Waterfront development at the complex. The company expects the expansion to be...

Oct y-o-y dip in Singapore stay length, overnight visitors

Nov 11, 2024 Newsdesk Latest News, Singapore, Top of the deck

Singapore’s October visitor arrivals registered year-on-year and sequential increase. But the number of overnight visitors, and their average length of stay, both declined from a year ago,...

Weak China demand to dim GEN Singapore to 2025: brokers

Nov 08, 2024 Newsdesk Latest News, Singapore, Top of the deck

Factors including gambler bad debts and weakness in demand from mainland China players were in likelihood factors in the weak third-quarter performance of Genting Singapore Ltd, said a number of...

MBS finishes Paiza Collection suites amid US$1.75bln revamp

Nov 08, 2024 Newsdesk Latest News, Singapore, Top of the deck

The Marina Bay Sands (MBS) casino resort says it has completed work on its Paiza Collection of suites (example pictured) and luxury “residence” accommodation on the “top floors” of...

GEN Singapore 3Q EBITDA halved as gaming revenue slips

Nov 08, 2024 Newsdesk Latest News, Singapore, Top of the deck

Genting Singapore Ltd, the operator of the Resorts World Sentosa casino resort (pictured), reported a net profit after taxation of SGD79.4 million (US$59.8 million) for the three months to September...

Andrew MacDonald no longer RWS chief casino officer

Nov 04, 2024 Newsdesk Latest News, Singapore, Top of the deck

Andrew MacDonald has “stepped down” from his position as chief casino officer at Resorts World Sentosa Pte Ltd. The casino firm runs Resorts World Sentosa (RWS), one half of Singapore’s...