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Focus Gaming News | Singapore

Singapore

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11/08/19

Genting Singapore revenue drops in Q3

Genting Singapore revealed its revenue fell 7% during the third quarter, as well as its profit, which plunged 24% in comparison with 2018.

08/05/19

Genting profit drops 5.2 pct in 2Q19

Despite posting a double-digit revenue increase, Genting Singapore’s profit was down 5.2% to €109.9 million during the second quarter.

07/04/19

ASEAN casinos to threaten Singapore

According to JP Morgan Chase and Co, new, high-quality ASEAN casinos in the Philippines and Cambodia are set to threaten Singapore’s venues.

05/07/19

Singapore to maintain casino entry levy

Despite some questions around the casino entry levy, a Singapore Minister said that it provides convenience and it will remain.

04/11/19

Genting Singapore to see little impact from expansion

According to Fitch Ratings, the expansion of Genting Singapore’s non-gaming attractions will have a modest impact on leverage and earnings.

12/11/18

Singapore to post GGR decrease in 2018

According to Sanford C. Bernstein, the market’s GGR is on track to reach €3.9 billion in full-year 2018, down 2.4% from 2017.

10/10/18

Singapore conducts raids against illegal gambling

The Singaporean police carried out an island-wide operation and arrested 31 people suspected of organising illegal horse-betting activities.

03/28/18

Problem gambling stable in Singapore

Despite an increase in the number of residents who participated in gambling, problem gambling figures remain almost the same since 2005.

02/26/18

Genting reveals Q4 performance

Genting Singapore’s net profit down 29 per cent during the fourth quarter of 2017, barely reaching €82.5 million.

02/14/18

Singapore casinos grew in 2017

Singapore casino operations grew last year, according to latest report.

11/30/17

GGR to grow in Singapore

Fitch Ratings estimated that gaming gross revenue is likely to grow in Singapore in 2018.

11/27/17

Singapore casinos experience bad results

Singapore casinos have contributed with the lowest levies during last fiscal year.

11/23/17

Clubs in Singapore ordered to wind down ops

Seven clubs in the Asian country failed to meet the criteria and were given six months to wind down operations.

11/07/17

Genting grows in Singapore

The gaming company has set an optimistic development in Singapore after great third quarter results.

11/06/17

Bernstein analyses Singapore’s market

Brokerage Sanford C. Bernstein Ltd has released a special report addressing Singapore’s casino market.

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Focus Gaming News is a media group that produces a daily digital newspaper aimed at international gaming executives. This communication tool is monthly visited by more than 100,000 readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 20,000 subscribers. It features news on land-based casinos, regulation, legislation, sports betting and online gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Latin America, Focus Brasil, Focus Asia Pacific, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.