Las Vegas Sands will be the first of the major operators to report its Q3 results on Wednesday, providing a snapshot of how the recovery process from the pandemic is faring in three major gaming jurisdictions.
The Hong Kong-Singapore travel bubble agreement is certainly a step forward in the process of the emergence from the Covid-19 pandemic, but few signs suggest that excessive optimism is warranted at this early stage.
Singapore and Hong Kong have reached an in-principle agreement to establish a bilateral air travel bubble, which will exempt travelers from quarantines or stay at home notices.
Singapore-based financial services firm Fincy has announced it will withdraw from a controversial development project run by Chinese investors accused of involvement in cryptocurrency and online casino operations near the Thai border in Myanmar’s Karen State.
Ratings agency Standard & Poor’s has reaffirmed Genting Malaysia’s BBB rating, but says the outlook is “negative” due to a slower-than-expected recovery in Singapore.