Casinos

Crypto reels from a US$200 billion crash as casino crowd moves on

Cryptocurrencies beyond Bitcoin have been hit hardest in the market downturn that kicked off in early October

Genting Bhd is intensifying its overseas expansion as Genting Malaysia faces a more challenging operating environment in the country and intensifying gaming competition across Asia.

Genting’s privatisation push falters just as New York delivers a splashy win

The offer for Genting Malaysia closes shy of the delisting mark while its US arm scores with a full-casino licence

The conglomerate also operates resorts and casinos in Singapore, the UK, the Bahamas and Egypt.

Genting’s New York casino licence buffers risks in Malaysia

The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds

While November is typically one of the slowest months for Macau casino operators, premium gamblers still showed signs of strong spending sentiment.

Macau gaming revenue beats estimate on premium player enthusiasm

Result beats the 10.5% estimate and returns to 92% of its pre-pandemic 2019 level

She Zhijiang was handed over to Chinese authorities in Bangkok on Wednesday (Nov 12) after being detained in a Thai prison.

Thailand hands over casino kingpin She Zhijiang to China in scam crackdown

She has been wanted in China since 2014 for allegedly running illegal gambling rings

MBS is looking at both the leisure and business tourism segments to bring in high-value visitors.

MBS Q3 earnings reach nearly S$1 billion following hotel renovation completion

Parent company LVS is optimistic about growth, citing its expansion project and Singapore’s attractiveness as a destination

According to Singapore Pools' website, the 10-cent fee applies for each PayNow transaction, including bet placement and prize claims.

Singapore Pools’ 10-cent PayNow fee under scrutiny; surcharges by merchants prohibited, says DPM Gan

ABS is engaging Singapore Pools over its years-long practice of charging 10 cents per PayNow transaction

Genting Bhd has offered RM2.35 per share, a 9.8 per cent premium to Genting Malaysia’s last price of RM2.14 before trading in its shares was halted on Monday.

Genting Bhd moves to privatise Genting Malaysia in RM6.7 billion deal

The conglomerate says the deal would improve capital allocation and operational efficiency

Macau saw a tourism boom in August, reporting about 4.2 million visitor arrivals for the month, which was 116 per cent of the pre-pandemic level in 2019.

Macau gaming revenue misses estimate in post-summer slowdown

[MACAU] Macau’s gaming revenue rose 6 per cent in September, missing analyst expectations as visitation fell in a post-summer holiday slowdown in the world’s biggest gambling hub.

August is one of the peak tourist seasons for Macau, with many families from mainland China – the city’s largest source of tourism.

Macau gaming revenue meets estimate on summer holiday boost

[MACAU] Macau’s gaming revenue rose 12.2 per cent in August, roughly meeting analyst expectations as the world’s biggest gambling hub wraps up its best-performing post-Covid summer off the bat of ente...