Friday, May 27, 2022



Marina Bay Sands hiring 2,000 as Singapore rebounds

Marina Bay Sands said it was holding a two-day recruitment drive to hire 2,000 people as Singapore rebounds following the pandemic.

Genting Malaysia posts 1Q22 EBITDA profit as revenue surges

Genting Malaysia said it had swung back to profit at the EBITDA level in 1Q22 as revenue surged by three times following the lifting of Covid restrictions.

Queensland to toughen casino laws, ups penalty to $50m

Queensland has become the second Australian state this week to announce tougher gambling laws, including stiffer disciplinary penalties of up to A$50 million ($35.3 million).

Macau’s Alvin Chau charged with money laundering, heading a crime gang

Alvin Chau, the former head of Macau’s largest junket operator, has been formally charged with money laundering, founding and heading a “secret association,” and organizing illegal gambling.

Sportradar target $85b cricket market with first virtual in-play product

Sportradar has launched the first virtual in-play cricket product, targeting the rapidly expanding cricket betting market.

Victoria imposes EGM rule changes at Crown Melbourne

The Victorian gaming regulator has wasted no time pushing for changes at Crown Resorts’ Melbourne casino, announcing new rules governing electronic gaming machines (EGMs) at the casino effective Wednesday. 

Dynam FY2021 revenue rises 6.6%, but company cautious on outlook

Dynam Japan, an operator of pachinko parlors, posted a 6.6 percent gain in profit for the fiscal year to end-March as restrictions eased, but the company is cautious in its outlook.

Resorts World Manila 1Q22 GGR jumps 43% as restrictions ease

Travellers International Group, the operator of Resorts World Manila, said the property generated a 43 percent gain in gross gambling revenue in the first quarter as restrictions eased.

LRWC swings to 1Q22 loss on higher operating costs

Leisure and Resorts World Corporation (LRWC) swung to a loss in 1Q22 due to higher costs as business operations resumed and start-up expenses from its newly launched online bingo operation.

Singapore visitors top 2021 figures in the first four months of this year

Tourism arrivals to Singapore in the first four months of the year have overtaken the visitor numbers for all of 2022, with a surge in April after Covid restrictions were eased.