Monday, July 15, 2024

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Hoiana Resort & Golf names former RWS executive as new CFO

Hoiana Resort & Golf has announced the appointment of former Resorts World Sentosa executive Melvyn Boey as the group’s new Chief Financial Officer.

RWS 2.0 Waterfront construction starts in late 2024

The Waterfront Development in Resorts World Sentosa (RWS) has received the government’s provisional permission, and construction is set to commence in late 2024, notes in the annual report of Genting Singapore.

Hard Rock Hotel to close next month due to RWS’s expansion

Singapore’s integrated resort, Resorts World Sentosa (RWS), has announced that the Hard Rock Hotel Singapore will no longer operate under the Hard Rock brand name as of March 2nd.

Genting Singapore 1Q23 earnings grow 220%, keeps enhancing RWS’ brand

Integrated resort operator Genting Singapore reported a 220 percent increase in its net profit after taxation to SGD129 million ($97 million) for the first quarter ended Mar 31, 2023, from SGD40.4 million ($30.3 million) in the same period one year ago.

MBS, RWS casinos require patrons to be fully vaccinated

Singapore’s two integrated resorts, Marina Bay Sands and Resorts World Sentosa have announced tightened entry requirements into their properties, which they say are in line with the government’s latest efforts. 

Malaysian with Covid-19 suspected of visiting RWS

Singapore authorities are investigating the case of a Malaysian truck driver, who tested positive for Covid-19, and who visited Genting Singapore's Resorts World Sentosa casino.

Daily Asia Gaming eBrief: Mainland Chinese gambling in Macau changed due to pandemic

Few things were the same after the pandemic, particularly for the Macau market. A new study examines exactly how much the behavior of mainland Chinese punters playing in Macau changed and what new trends are emerging across the land-based and online space.

Multi-billion investments to bring unique new attractions to Singapore

Multi-billion dollar investment commitments by gaming operators Las Vegas Sands (LVS) and Genting Singapore will bring new attractions to Singapore, which are expected to be “sufficiently different and outstanding”.

Singapore lowers threshold for due diligence checks on casino deposits to $2.9K

The threshold for performing due diligence checks on cash deposits in Singapore casinos is going to be lowered, according to the city-state’s authorities, amongst tighter controls on counter terrorism financing (CFT).

Genting Singapore to record sharp 2Q24 EBITDA drop due to seasonal factors 

Genting Singapore, the operator of Singapore’s Resorts World Sentosa (RWS), is expected to see a significant decline in quarterly EBITDA for 2Q24, notes Morgan Stanley.