Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.
The long awaited travel bubble between Hong Kong and Singapore is finally set to begin on May 26, after being repeatedly delayed since last November.
Macau will lead the recovery in Asia this year, while Singapore needs international flights to resume to gain further impetus, executives from Las Vegas Sands told investors on the company’s earnings call.
Genting Singapore on Thursday announced it has disregarded a resolution which would see an increase to chairman Tan Sri Lim Kok Thay’s performance share scheme (PSS) limit.
Hong Kong and Singapore will be the first two countries in Asia to achieve widespread vaccination coverage (60-70 percent of population) by the end...
Las Vegas Sands has set up a special committee to review AML controls at its Marina Bay Sands casino in Singapore and has hired U.S. law firm Vinson & Elkins LLP to assist.