Singapore’s two integrated resorts — Marina Bay Sands and Resorts World Sentosa — may not see full gaming revenue recovery until 2026, according to a new report from Bernstein analysts Vitaly Umansky, Louis Li, and Kelsey Zhu. The properties remain…
Singapore authorities have detained over 30 individuals in a series of coordinated raids targeting illegal gambling and unlicensed moneylending operations, according to local news outlet CNA. Ten suspects, ranging in age from 26 to 63, are scheduled to appear in…
Genting Singapore has begun shutting down its Japanese subsidiaries following its exit from the Yokohama integrated resort (IR) race. The move comes after the city officially dropped plans to host an IR, leaving Genting’s expansion efforts in Japan without a…
Genting Singapore has indicated that the reopening of Singapore’s borders to select international travelers is unlikely to significantly boost business at Resorts World Sentosa (RWS) in the near term. The company made the statement during the release of its Q3…
Singapore’s casino duopoly — Marina Bay Sands (MBS) and Resorts World Sentosa (RWS) — may soon face serious competition just across the border, as rumors swirl about a potential integrated resort in southern Malaysia’s Forest City. According to a Bloomberg…
Singapore has officially implemented changes to its gambling laws that will significantly increase tax obligations for casino operators. The updated Casino Control Act and the newly passed Gambling Duties Bill will introduce a more stringent and tiered tax structure, raising…
Las Vegas Sands (LVS) is moving forward with a $1 billion renovation of its Marina Bay Sands (MBS) property in Singapore, undeterred by the multibillion-dollar legal challenges it faces in Macau. The investment, announced by LVS Chairman and CEO Robert…
Singapore is making significant progress in its efforts to unify the regulation of its gambling industry. Parliament recently reviewed new legislation aimed at consolidating oversight under a single authority, streamlining governance across all forms of gambling. A Step Toward Industry…
Genting Singapore is set to begin a long-anticipated upgrade of Resorts World Sentosa (RWS), with works commencing this year and expected to take two years to complete. First announced in 2019 as part of its agreement to retain duopoly rights…
G2E Asia is officially back for 2022—but not in its traditional home of Macau. Instead, the renowned gaming industry expo is heading to Singapore, where it will be held at Marina Bay Sands from August 24–26. The move comes after…
With tourism steadily recovering, Marina Bay Sands (MBS) is launching a major hiring drive to fill over 2,000 vacancies. The Las Vegas Sands-owned integrated resort will host a two-day walk-in recruitment fair on May 30 and 31 — its first…
Genting Berhad has little incentive to divest its Singapore operations, despite speculation about a potential sale. According to analysts at Japanese investment bank Nomura, selling Genting Singapore — the operator of Resorts World Sentosa (RWS) — would offer limited long-term…