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Tag Archives: Singapore

Singapore – Singapore to launch two ‘no ports of call’ casinos cruise lines

The Singapore Tourism Board Will allow two ‘no ports of call’ casinos cruise lines to operate with Genting Cruise Lines’ World Dream set to launch pilot sailings from November 6 and Royal Caribbean’s Quantum of the Seas set to do similarly some time in December. The pilot cruises will be round-trips with no ports of…

Singapore – No quick fix in sight as Resorts World Sentosa’s future ‘remains cloudy’

Union Gaming Security has said that Genting Singapore, operator of Singapore’s Resorts World Sentosa, is ‘still several quarters away’ from recovery after the effects of the coronavirus pandemic. The group suffered a net loss of $163.3m (US$119.1m) for the second quarter of 2020, the worst quarter since the opening of our Singapore Integrated Resorts, as…

Singapore – Genting Singapore to delay Sentosa expansion after worst ever financials

Having reported its worst set of financials since 2010, with GGR at Resorts World Sentosa down 99 per cent, Genting Singapore is delaying its expansion plans as well as adapting them to the ‘new norm’ of operating. The group suffered a net loss of $163.3m (US$119.1m) for the second quarter of 2020, the worst quarter…

Singapore – Resorts World Sentosa signs up for Canon’s intelligent surveillance

Genting’s Resorts World Sentosa casino in Singapore has entered into an agreement with Japanese multinational corporation Canon that will establish a partnership relating to ‘cutting-edge technologies, products and solutions’ for a world-class IR. Included in the ‘basic agreement’ is the implementation of Canon’s intelligent surveillance, security and video solutions, which, in addition to the gaming…

Singapore – Resorts World Sentosa confirms redundancies at Singapore casino

Singapore casino Resorts World Sentosa has confirmed it will lay off a ‘significant’ number of its workforce to cut costs. The casino, which employs more than 7,000 full-time workers, reopened at the end of June but remains severely impacted by the effects that the coronavirus pandemic has had on travel The resort said in a…

Singapore – Singapore’s two casinos to reopen on July 1

The Ministry of Trade and Industry and Singapore Tourism Board have confirmed that Singapore’s two casinos; Marina Bay Sands and Resorts World Sentosa will be able to open on July 1, operating at 25 per cent of capacity and subject to health and safety measures. Marina Bay Sands said access to the gaming floor would…

Singapore – DAOGroup strengthen business development team

DAOGroup has geared up to capitalise on the return of mainstream sports betting by strengthening its business development team. In line with its ambitious plans to establish itself as the industry’s partner of choice for crypto and blockchain solutions, the company has hired Yelena Kensborn as Sales and Marketing Executive and Adam Lee as Business…

Singapore – Investigation at Marina Bay Sands could send VIPs to rival

Las Vegas Sands’ Singapore casino Marina Bay Sands is being investigated by the US Department of Justice (DOJ) for potentially breaching anti-money laundering laws. The DOJ has reportedly issued a subpoena to a former MBS compliance chief to provide documents and any other information related to the accounts of VIP players. The investigation concerns junkets…

Singapore – Sands expects market recovery in Asia by late summer

Las Vegas Sands is hopeful of a return to some normality in its Asian markets by end of the summer, but has warned that its Marina Bay Sands property in Singapore could be more affected by social distancing measures than its Macau casinos. The operator reported a 51.1 per cent decline in first quarter revenue…