Singapore
Genting Spore facing mass competition from Philippines/Cambodia
Genting Singapore is facing increasing competition in the mass market from the Philippines and Cambodia, though management sees room for growth in VIP, according to Nomura.
Sands China to be key driver for LVS: Bernstein
Sands China is likely to be the key driver for Las Vegas Sands for the next few years as it benefits from the increasing size of the mass market, according to an in depth analysis of the group by Bernstein Research.
Singapore Jan-Sep visitation up 7.5 pct year-on-year
Singapore recorded over 14 million visitors arrivals in the first nine months of the year, up 7.5 percent year-on-year, according to data from the...
Technology tools to boost table game yields
The development of new technologies is creating opportunities to optimize casino operations in a way that would not have been thought possible a few years ago, in particular when it comes to table management, though there is debate over which systems provide the best solution.
Emerging Asian markets to lead sales growth
Macau is likely to remain the largest market in Asia for electronic table games (ETGs) for the foreseeable future due to its sheer size, though growth is slowing and emerging markets such as Vietnam and the Philippines are likely lead further expansion.
Genting Singapore Q3 profit gains 25 percent
Genting Singapore said Q3 net profit gained 25 percent, though revenue was primarily driven by non-gaming attractions.
Singapore Pools to take over horse betting
The Tote Board is reorganizing its operations with Singapore Pools taking over all management of horse betting from sister company the Singapore Turf Club from Jan. 7 next year.
Singapore casino operators paid less in fines in 2017/18
Singapore’s casino operators paid 57.7 percent less in fines to the Casino Regulatory Authority in the 2017/18 financial year compared to the prior year...
Singapore betting tax flat in 2017/2018
Singapore raked in $2.7 billion ($1.99 billion) in betting taxes in the 2017/2018 financial year, unchanged from the year earlier.
Tourism spending points to promising trend
Singapore tourism arrivals are up just over 7 percent in the year to July, but a closer look at the detailed breakdown provided for Q1 shows that for the second consecutive quarter, visitors spent more on gaming, sightseeing and entertainment than in its glitzy shopping malls.
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Japan a key focus at MGS Entertainment Show
The upcoming Japanese IR market was a focus of the second day of the Macao Gaming Show, held at the Venetian Expo Hall in...
Genting sues Fox, Disney for $1b for breach of contract
Genting Malaysia is suing Walt Disney Co. and 20th Century Fox for $1 billion for pulling out of a contract for a Fox-themed amusement park at its Resorts World Genting property in Malaysia.
Two police chiefs jailed in $420m gambling ring
Vietnam’s former national police chief Phan Van Vinh and former head of hi-tech crimes police department Nguyen Thanh Hoa were sentenced to nine and...
Former Wynn shareholder files lawsuit
Casino operator Wynn Resorts is facing a new lawsuit from a former shareholder, alleging that Steve Wynn’s sexual assault scandal devalued his stock.
According...
Sikkim’s new airport to drive casino traffic
After waiting for almost a decade, Sikkim, nestled in the mountainous far north of India, finally got an airport in October, which is likely to provide a boost to gambling operators in the remote state.
