Monday, October 26, 2020
Home South East Asia Singapore

Singapore

Marina Bay Sands

LVS provides Singapore surprise

Las Vegas Sands’ latest earnings report provided a welcome respite from negative news, beating expectations and with a positive outlook, but perhaps the real surprise was the outperformance coming from Singapore.

Sands China hit with US$562 million loss in Q3

Sands China reported a net loss of US$562 million in Q3, with net revenues falling 92.1% year-on-year to US$167 million. Group-wide operating losses were US$610 million with an 82 percent decline in net revenues.
gambling chips

Asia turns up heat on online gambling

Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.

Singapore arrests 35 in two gambling busts

Singapore police have arrested 24 people involved in illegal gambling and seized about $8,300 in cash in winnings.
LVS to kick off Q3 earnings, with narrower loss expected

LVS to kick off Q3 earnings, with narrower loss expected

Las Vegas Sands will be the first of the major operators to report its Q3 results on Wednesday, providing a snapshot of how the recovery process from the pandemic is faring in three major gaming jurisdictions.
Lagging Singapore to hold back Genting recovery

Lagging Singapore to hold back Genting recovery

Fitch Ratings has joined rival agency Standard & Poor’s in expressing concern over the speed of recovery for Genting Bhd, citing a lag in Singapore, which is reliant on international tourism arrivals.

Air fares soar on Hong Kong/Singapore bubble news

The cost of air tickets between two major Asian financial hubs jumped within 24 hours of Singapore and Hong Kong unveiling plans for a travel bubble that wouldn’t require people to quarantine upon arrival.
Hong Kong-Singapore travel bubble a small step forward

Hong Kong-Singapore travel bubble a small step forward

The Hong Kong-Singapore travel bubble agreement is certainly a step forward in the process of the emergence from the Covid-19 pandemic, but few signs suggest that excessive optimism is warranted at this early stage.

Hong Kong-Singapore travel bubble agreed in principle

Singapore and Hong Kong have reached an in-principle agreement to establish a bilateral air travel bubble, which will exempt travelers from quarantines or stay at home notices.

Fincy pulls out of Chinese-backed gambling project in Myanmar

Singapore-based financial services firm Fincy has announced it will withdraw from a controversial development project run by Chinese investors accused of involvement in  cryptocurrency and online casino operations near the Thai border in Myanmar’s Karen State. 

TRENDING ARTICLES

Macau Casino Dealer

Coronavirus live updates: Macau gaming workers to face more Covid-19 tests

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
gambling chips

Asia turns up heat on online gambling

Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.

Puducherry government urges blanket ban on online gambling

The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation and the Philippine Amusement and Gaming Corp said they have completed the capital region’s largest quarantine facility for Covid-19 patients.
Nagasaki expects 6-12 month delay in IR development timeline

Nagasaki expects 6-12 month delay in IR development timeline

The Nagasaki Prefectural Government has told its prefectural assembly that the national timeline will likely be delayed by 6-12 months, according to the information...