Singapore’s casino entry levy program has delivered nearly $1 billion to the government since its introduction in 2010, according to new figures revealed in parliament. The city-state is home to two integrated resorts – Marina Bay Sands and Resorts World…
Genting Singapore Ltd. is one of seven major operators competing for Japan’s highly sought-after casino licenses, and its strong balance sheet may prove decisive. Maybank Kim Eng analyst Samuel Yin Shao Yang noted that Japanese regulators are expected to prioritize…
Marina Bay Sands — the Singapore casino resort owned by Las Vegas Sands Corp. (NYSE: LVS) — is seeking up to $5.86 billion in financing, marking its first loan market entry since 2012. The move is expected to test lenders’…
As expected, Genting Singapore and Melco Resorts & Entertainment (NASDAQ: MLCO) have officially advanced in Yokohama’s request for proposal (RFP) process, moving one step closer to securing one of Japan’s first three integrated resort (IR) licenses. Japan’s second-largest city announced…
Las Vegas Sands Corp. (NYSE: LVS) recently posted second-quarter results that fell short of Wall Street expectations, sending shares down 5.5% over the past week. Still, analysts see the company’s long-term outlook as compelling, driven by its dominant presence in…
Genting Singapore has notified the Singapore Exchange that it plans to raise up to ¥3.24 billion in yen-denominated corporate bonds, with proceeds earmarked for its proposed integrated resort project in Japan. The operator of Resorts World Sentosa—one of only two…
Las Vegas Sands (NYSE: LVS) is reportedly seeking nearly $9 billion through a three-tranche loan to fund the expansion of its Marina Bay Sands resort in Singapore. The proposed financing—set to be the largest corporate loan in Singapore’s history—includes $5.6…
Streamer Adin Ross’s sudden decision to flip a $1 million wager from Canelo Álvarez to Terence Crawford just minutes before Saturday’s fight has sparked a wave of speculation online — with some suggesting the move hinted at insider knowledge or…
A new report from the Progressive Policy Institute (PPI) suggests that regulated online sports betting (OSB) isn’t fueling higher bankruptcy rates or declining credit scores in states where it’s legal. Analyzing data from 2019 to 2024, PPI found no evidence…
Genting Singapore, operator of Resorts World Sentosa, is asking investors to approve plans to commit up to $10 billion toward a potential integrated resort (IR) in Japan if the company secures one of three coveted licenses. The board of directors…
Genting Singapore Ltd. has formally joined a group of major global operators seeking a license to develop an integrated resort in Yokohama, according to a new regulatory filing. The company’s move comes just a day after Japan’s Minister of Land,…
Genius Sports (NYSE: GENI) co-founder and CEO Mark Locke believes the US sports betting market is on the cusp of a major shift, with in-game wagering set to become a powerful growth engine for operators and data providers alike. Speaking…