GGRAsia – Singapore

Singapore

GEN Singapore to raise US$177mln via yen bonds

Oct 19, 2017 Newsdesk Latest News, Singapore, Top of the deck

Singapore casino operator Genting Singapore Plc aims to raise a total principal amount of JPY20 billion (US$177 million) via publicly-offered Japanese yen-denominated bonds, it said on Tuesday. The...

Singapore casino op fines down 61 pct fiscal 2016: CRA

Oct 06, 2017 Newsdesk Latest News, Singapore, Top of the deck

Aggregate fines levied on Singapore’s two gaming resort operators by the city-state’s casino regulator showed a 60.5 percent decline in financial year 2016, compared to the prior-year period....

Genting Singapore opens Tokyo branch office

Sep 21, 2017 Newsdesk Japan, Latest News, Singapore, Top of the deck

Casino operator Genting Singapore Plc has established a branch office in Tokyo, Japan. The announcement was made by the company on Wednesday. The firm said in a filing to the Singapore Exchange the...

Singapore tourism visits up 4.5 pct in year to June

Sep 12, 2017 Newsdesk Latest News, Singapore, Top of the deck

There was a total of 8.54 million visits by tourists to Singapore in the first half of 2017, up by 4.5 percent year-on-year, according to data from the Singapore Tourism Board. The expansion in the...

Singapore’s 1Q tourist spend on gaming flat

Aug 03, 2017 Newsdesk Latest News, Singapore, Top of the deck

Singapore saw tourism receipts increase in the first three months of 2017. The growth was due to higher visitor arrivals and spending in all major tourism components, “except sightseeing,...

Genting Singapore 2Q profit beats estimates

Aug 02, 2017 Newsdesk Latest News, Singapore, Top of the deck

Genting Singapore Plc reported net profit of SGD143.3 million (US$105.4 million) for the second quarter of 2017, compared to a net loss SGD10.5 million in the prior-year period. Adjusted earnings...

LVS posts 62pct jump in 2Q profit on Macau, Singapore

Jul 27, 2017 Newsdesk Latest News, Macau, Singapore, Top of the deck

Global casino operator Las Vegas Sands Corp reported a year-on-year increase of 61.9 percent in net income in the second quarter of 2017 to US$638 million. The quarterly results were driven by strong...

Singapore in sweeping changes to slot club rules

Jul 21, 2017 Newsdesk Latest News, Singapore, Top of the deck

The Singapore government is to introduce stricter rules about the availability and use of slot machines in the city-state’s social clubs. Any clubs that do not meet a new test regarding the scope...

Ex-MBS exec resigns as Sands Bethlehem president

Jul 18, 2017 Newsdesk Industry Talk, Latest News, Singapore, World

Mark Juliano has resigned as president of Las Vegas Sands Corp’s Sands Casino Resort Bethlehem (pictured) in Pennsylvania in the United States, with immediate effect, reported local news outlet the...

Singapore’s 2016 tourist spend on gaming down 14pct

Jun 23, 2017 Newsdesk Latest News, Singapore, Top of the deck

Singapore saw 2016 visitor arrivals and tourism receipts hit record annual highs, despite a decline in tourist spending under the government’s heading of “sightseeing, entertainment and...