Singapore
Genting SG pessimistic over the remainder of 2020
Genting Singapore said it remains pessimistic on its outlook for the remaining year, with its flagship property Resorts World Sentosa being “severely affected” and...
Singapore converts parts of Kranji racecourse to recovery facilities
The Singapore Turf Club said it’s temporarily converting selected areas of the Singapore Racecourse at Kranji into facilities for recovering foreign workers.
Singapore extends lockdown to June 1
Singapore Prime Minister Lee Hsien Loong has extended a partial lockdown across the city-state until June 1 to curb the recent rise in coronavirus...
Companies count the costs of Covid-19 shutdowns
Gaming companies across the Asia Pacific region are continuing to count the costs of the coronavirus-mandated shutdowns, with both Donaco International and Asia Pioneer Entertainment warning of an impact on business.
Singapore to overhaul gambling regulation
Singapore said it will overhaul its gambling regulation to stay ahead of new technological trends and respond to emerging products, though stressed its overall stance would remain “generally prohibitive.”
Singapore IRs suspending operations until May 4
Both Marina Bay Sands and Resorts World Sentosa have announced they will be suspending operations until May 4 as a Covid-19 countermeasure. These closures...
Covid-19 turns out lights in most of Asia’s casinos
From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.
Singapore casinos tighten entry requirements
Singapore’s two integrated resorts have restricted public access to the casinos to prevent the spread of the coronavirus.
Moody’s sees downgrade risk for LVS
Moody’s has placed the ratings of Las Vegas Sands on review for a downgrade given the steep drop in gaming revenue at its Macau and Singapore operations as a result of the coronavirus.
Genting Singapore execs agree pay cuts, Genting Malaysia closes property
Genting Singapore said its executives and senior management have agreed to pay cuts to help to offset the impact of the coronavirus on its earnings, which it warns is likely to be significant.
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Sands cleared of responsibility for suicide victim
Macau’s second appeals court has cleared casino operator Sands China of any legal responsibility in relation to the suicide of one of its guests...
Former Macau monopoly needs leadership shakeup
The death this week of Stanley Ho, the towering figure of the gambling industry in Macau, produced global headlines, and for good reason: He had helped shape history, both in southern China and in much of East Asia.
