Tuesday, November 19, 2019

Singapore

Betting, casino tax revenue down 0.9%

The Inland Revenue Authority of Singapore (IRAS) collected $52.4 billion in tax revenue in the 2019 fiscal year, up 4.4 percent from the prior...
Singapore Pools Sweep Game

Singapore Pools sees big rise in online betting

Singapore Pools, the only body in the island state permitted to offer online gambling, now gets about 60 percent of its revenue through remote channels, compared with 30 percent just three years ago, a senior government official said.

Q1 visitors increase but spending down

Despite increasing its international visitors in Q1, Singapore’s tourism spending fell 4.8 percent year-on-year in the first quarter of 2019, according to data from...
Genting Singapore

Genting Singapore Q2 misses expectations

Genting Singapore’s Q2 net profit fell by 5 percent, missing analysts’ expectations, dragged down by a poor performance in the mass market and higher bad debt levels. 

Michael Goh promoted to Dream Cruises president

Long-time Genting Hong Kong executive Michael Goh has been promoted to president of Dream Cruises, and head of international sales for Genting Cruise Lines. Goh...
Sands KOBO

Marina Bay Sands opens luxury Japanese restaurant

Previewing the kind of facility which may eventually be available in Japanese IRs, Marina Bay Sands in Singapore has opened a luxury Japanese restaurant called KOMA, which has a capacity to host over three hundred people.
Dealers in Macau

Casino firms not hitched to social capital bandwagon

There is a growing trend towards businesses founded on the premise of social capital, though despite their enormous profits, most casino firms have yet to sign on.

Singapore visitors reach 7.8 million in first five months

Singapore attracted a total of 7.8 million visitors to the city-state in the first five months of the year, representing a 1.5 percent growth...

Singapore arrests 78 for gambling, vice 

Singapore arrests 78 in six-day sting against illegal gambling and vice activities, local media reports. 

RWS dealer jailed over stolen chips

A Chinese dealer who stole $77,000 in casino chips from Resorts World Sentosa in Singapore has been jailed for nine months and six weeks, local media reports.

TRENDING ARTICLES

Credit card gaming ban to be implemented

The New Zealand Department of Internal Affairs is planning to implement a ban on the use of credit cards for online gambling, local media reports.

PH may see a slowdown in Chinese visitation

The arrival of Chinese nationals in the Philippines may see a slowdown as a result of China’s continued crackdown on online gambling, according to...

SkyCity investors to get update on Thursday

SkyCity investors will get their first update on Thursday after the 22 October fire that wrecked the company’s showpiece convention centre in downtown Auckland.

IPI says raids don’t affect casino ops.

Imperial Pacific International said it assisted in an investigation by enforcement officers on Saipan on Nov. 7, adding the probe does not affect its daily casino operations.

SkyCity convention centre faces significant delay after fire

SkyCity’s convention centre is likely to be delayed by at least another year after a fire, leaving commentators scrambling to assess the financial impact.