Singapore
Of MICE and myths
Japan has made MICE business one of the key pillars of its integrated resort policy, though it’s unlikely to topple Singapore as the regional leader.
Former MBS gambler sues casino for $6.6 million
A former Chinese gambler at Marina Bay Sands is suing the casino for allegedly transferring funds from his casino deposit accounts without his authorization,...
Singapore casino fines hit S$745,000 in FY2018
Fines paid by Singapore’s two casino operators amounted to $$745,000 ($540,000) in the 2018 financial year, with the lion’s share extracted from Genting Singapore’s Resorts World Sentosa.
Entry levy hike deters locals
The hike in the casino entrance fee for local Singaporeans is further deterring already declining visitation to the island state’s two integrated resorts by residents, analysts said.
Razer pledges $10m to boost Singapore esports
Razer CEO Min-Liang Tan has said his company will provide $10 million to help boost esports in Singapore.
LVS secures new loan facility for MBS expansion
Casino operator Las Vegas Sands Corp on Wednesday announced it has secured a new delayed draw term loan facility in aggregate principal amount of...
Betting, casino tax revenue down 0.9%
The Inland Revenue Authority of Singapore (IRAS) collected $52.4 billion in tax revenue in the 2019 fiscal year, up 4.4 percent from the prior...
Singapore Pools sees big rise in online betting
Singapore Pools, the only body in the island state permitted to offer online gambling, now gets about 60 percent of its revenue through remote channels, compared with 30 percent just three years ago, a senior government official said.
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 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.
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Genting U.S. expansion raises eyebrows
Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings.
Kamakura City Council rejects anti-IR resolution
On Friday, the Kamakura City Council rejected a draft resolution that would have denounced moves by neighboring governments to engage in IR bids. The...
Mobile iGaming
Founded in 2012, eBET is considered Asia's first leading supplier of mobile iGaming.
The company’s mission is to design intuitive and interactive live gaming experiences...
Aristocrat and Warner Bros. to launch Crazy Rich Asians slot game
Aristocrat, in partnership with Warner Bros. Consumer Products, will premiere the new Crazy Rich Asians Slot Game at next week’s Global Gaming Expo in...
Malaysia budget ups gambling penalties
Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.
