Sunday, December 15, 2019

Singapore

Marina Bay Sands

LVS to dominate in Asia for the next five years

Las Vegas Sands and its Sands China unit are likely to dominate the market in Singapore and Macau for the next five years, according to a report from Bernstein.

Singapore visitor spending loses pace with arrivals

Despite an increase in international arrivals to Singapore, visitor spending dipped 1.3 percent in 19Q2, according to figures from the Singapore Tourism Board. During the...

MBS mass hit by entrance levy hike

The entry fee increase for local Singaporeans is weighing on Marina Bay Sands’ mass market, with some citizens unlikely to renew their annual passes when they expire.

Sands eyes $5b in Asia development projects

Las Vegas Sands has $5 billion in development projects in the pipeline in Asia over the next few years, Chairman and CEO Sheldon Adelson said.

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,...
Resorts World Sentosa (file)

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.
Marina Bay Sands

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...

TRENDING ARTICLES

Wakayama prefecture plans to purchase land of IR candidate site

The Wakayama Prefectural Government has reached an agreement to purchase the IR development candidate site at Marina City in the event that Wakayama wins its licensing bid at the central government level.

Hokkaido conservatives fail to unite behind IR bid

The clouds darkened over the prospects for a Hokkaido IR bid this week as the main conservative caucus in the Hokkaido Prefectural Assembly proved unable to coordinate a united stance after two days of talks.

Service industry will still reign, despite automation: Tourism official

The Philippines Tourism Ministry said it is optimistic that the country’s unique brand of service will continue to play a strong role in its...

Mark Brown resigns as IPI CEO

Commonwealth Casino Commission Executive Director Edward Deleon Guerrero has revealed that Mark Brown has resigned as CEO of Imperial Pacific International (IPI), effective December 8.

POGO workers required to hold IDs in January

The Philippines government will be issuing identification cards to all foreign POGO workers starting in January, in a bid to better monitor, tax and...