The battle for Yokohama’s integrated resort (IR) license is down to two contenders — and Genting Singapore is making it clear it’s aiming to win. At the company’s recent annual meeting, it was revealed that part of Executive Chairman Tan…
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 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…
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 will soon enforce stricter reporting requirements on casino cash transactions, the Gambling Regulatory Authority (GRA) announced Monday, as part of broader efforts to combat money laundering and terrorism financing. Under the new rules, due diligence checks will be required…
Moody’s Investors Service has reaffirmed Genting Singapore’s “A3” credit rating with a “stable” outlook, citing strong momentum at Resorts World Sentosa (RWS) as a key driver of the company’s earnings and free cash flow. Genting and Marina Bay Sands —…