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…
Singapore’s famed integrated resorts—Marina Bay Sands and Resorts World Sentosa—were once governed solely by the Casino Regulatory Authority (CRA). Established in April 2008, the CRA oversaw casino operations, ensuring integrity, safeguarding against criminal influence, and protecting vulnerable groups, minors, and…
Las Vegas Sands (LVS), through its flagship Marina Bay Sands (MBS) resort, is investing in the future of Singapore’s workforce with a new education initiative. This latest effort reflects LVS’s longstanding commitment to economic development in Singapore, where MBS is…
As COVID-19 restrictions have eased, locals are returning to their favorite forms of betting, significantly boosting revenues across the board. According to the latest financial report from the Tote Board, which ended in March, Singaporeans wagered SGD9.2 billion (US$6.8 billion)…
Marina Bay Sands and Resorts World Sentosa have long stood as pillars of profitability in the global casino industry. But a new heavyweight is on the horizon—Japan’s first integrated resort, set to open in Osaka in 2029, could soon challenge…
Marina Bay Sands (MBS) has entered a multiyear partnership with Scuderia Ferrari ahead of this year’s Formula 1 Singapore Grand Prix, scheduled for September. The collaboration includes exclusive events, immersive promotions, and themed experiences designed to thrill fans during race…
Riot Games has come under fire after announcing it will allow top-tier League of Legends and Valorant teams to secure sponsorship deals from sports betting companies. The decision, revealed last week, has sparked criticism from segments of the eSports and…
What began in August with the seizure of SGD1 billion (US$740.4 million) has now ballooned into a much larger operation. Authorities have confiscated over SGD2.4 billion (US$1.75 billion) in cash and assets, as the web of illicit activity stretches further.…
Singapore’s financial reputation is under serious scrutiny as a sprawling money-laundering investigation tied to illegal gambling surpasses the $2 billion mark. What began in August with the seizure of SGD1 billion (US$740 million) in assets has now ballooned to SGD2.8…
A longtime bribery scheme linked to the Singapore Zoo has landed a man in jail after years of profiting off corrupt practices. According to The Straits Times, the scheme dates back to 2005 and was originally set in motion by…
A gambler and a casino dealer were each sentenced to 28 weeks in prison on Monday for colluding to rig roulette outcomes at Marina Bay Sands, according to CAN. Daniel Koh Tze Zhou admitted to violating Singapore’s Casino Control Act…
Genting Singapore may position itself as a strong candidate for a casino license in Thailand, should the country legalize integrated resorts (IRs). According to a recent note from Maybank analyst Samuel Yin Shao Yang, the operator of Resorts World Sentosa…