Monday, August 19, 2019
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Q1 visitors increase but spending down

Despite increasing its international visitors in Q1, Singapore’s tourism spending fell 4.8 percent year-on-year in the first quarter of 2019, according to data from...
Genting Singapore

Genting Singapore Q2 misses expectations

Genting Singapore’s Q2 net profit fell by 5 percent, missing analysts’ expectations, dragged down by a poor performance in the mass market and higher bad debt levels. 

Michael Goh promoted to Dream Cruises president

Long-time Genting Hong Kong executive Michael Goh has been promoted to president of Dream Cruises, and head of international sales for Genting Cruise Lines.  Goh...
Sands KOBO

Marina Bay Sands opens luxury Japanese restaurant

Previewing the kind of facility which may eventually be available in Japanese IRs, Marina Bay Sands in Singapore has opened a luxury Japanese restaurant called KOMA, which has a capacity to host over three hundred people.
Dealers in Macau

Casino firms not hitched to social capital bandwagon

There is a growing trend towards businesses founded on the premise of social capital, though despite their enormous profits, most casino firms have yet to sign on.

Singapore visitors reach 7.8 million in first five months

Singapore attracted a total of 7.8 million visitors to the city-state in the first five months of the year, representing a 1.5 percent growth...

Singapore arrests 78 for gambling, vice 

Singapore arrests 78 in six-day sting against illegal gambling and vice activities, local media reports. 

RWS dealer jailed over stolen chips

A Chinese dealer who stole $77,000 in casino chips from Resorts World Sentosa in Singapore has been jailed for nine months and six weeks, local media reports.

Asia’s IRs power up green initiatives

As concern mounts about the global environment, many of Asia’s giant IRs are taking significant steps to minimise their impact, investing heavily in green technologies and other waste control initiatives.

MBS drops case against Australian-Chinese gambler

Marina Bay Sands has dropped a case in which it sought to recover $10 million in gambling debts from an elusive Australian-Chinese business tycoon, local media reports.

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Nagaworld

Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.