Showing posts with label casino. Show all posts
Showing posts with label casino. Show all posts
Singapore’s new IRs stealing all the thunder from other attractions
Sunday, April 10, 2011
Independent.co.uk, 10 Apr 2011Fresh from recording record numbers of visitors in 2010, Singapore's tourism chiefs have turned the focus on to exactly who is going to see what when they come to town.And it seems the city state's flash new resort's are now unsurprisingly grabbing the lion's share of arrivals.Attractions outside Sentosa suffered an overall drop in numbers of 1.2 per cent, according
S'pore casino regulator probing claims of illegal activity
Thursday, April 7, 2011
Reuters, 8 Apr 2011(Reuters) - Singapore's casino regulatory authority (CRA) is investigating allegations about illegal activities in casinos, including claims that junket operators are already in business,...... "CRA has to-date received some information alleging illegal activities in the casinos," a spokesman for the casino regulator said .... Full storyRelated:Singapore start investigation
Singapore Roulette Cheats Jailed For 21 Months
Tuesday, March 22, 2011
OnlinePoker.netA couple of roulette cheats have woken up to life behind bars after their antics were unearthed at the Resorts World Sentosa casino in Singapore.The sting involved a croupier either controlling the trajectory of the roulette ball or overpaying his gambling accomplce whenever their numbers missed, such that the duo managed to net S$29,000 (US$22,911) over a seven day period last
Casinos to continue boosting Singapore economy - Iswaran
Friday, March 4, 2011
iStockAnalyst.com, 4 Mar 2011SINGAPORE, Mar. 4, 2011 (Xinhua News Agency) -- The two casino resorts inaugurated by Singapore last year is well on track to achieving the target of contributing 5.4 billion Singapore dollars (4.3 billion U.S. dollars) per year to the economy, a senior official said Friday.The two casino resorts had been expected to generate a target 5. 4 billion Singapore dollars (
US probes Las Vegas Sands over bribery claims
Tuesday, March 1, 2011
Yahoo! Singapore Finance, 2 Mar 2011US officials are probing casino operator Las Vegas Sands' operations in the Asian gambling mecca of Macau over questions about whether it broke anti-bribery laws, the company confirmed Wednesday.The criminal investigation -- which comes after the sacked chief executive of Sands' Macau unit filed a lawsuit in October saying he was told to conduct a illegal
Singapore set to jump in Asia-Pacific casino market ranking
Wednesday, February 23, 2011
Xinhua, 23 Feb 2011SINGAPORE, Feb. 23 (Xinhua) -- The recently announced results of the two Singapore casino resorts showed that they have been generating huge revenues in their first year of operation and attracting many visitors to Singapore. They were estimated to have contributed 1.7 percent of Singapore's nominal gross domestic product.Analysts has said they expected Singapore to overtake
Genting Singapore Posts S$150.3 Million Fourth-Quarter Loss
Tuesday, February 22, 2011
Bloomberg, 22 Feb 2011Genting Singapore Plc, the world’s third-biggest casino company by market value, posted a fourth- quarter loss as high rollers got lucky and financing costs increased.It attributed its fourth-quarter loss to narrower margins for its VIP business as high-stakes gamblers won more than in the previous three-month period. Full year revenue was also reduced by the cost of paying
Impossible To Prevent Malaysians From Going To Singapore Casinos
Bernama.com, 22 Feb 2011JOHOR BAHARU, Feb 22 (Bernama) -- It is impossible to stop Malaysians from visiting and gambling at Singapore's two casinos, the first opened a year ago followed by the second two months later.Johor Tourism Malaysia director Mohammad Isa Abdul Halim said although their action resulted in Malaysian currency outflow into another country, it was difficult to be prevented."
350 disgrunted MBS croupiers called in sick on Valentine's Day
Friday, February 18, 2011
Malaysia Star, 19 Feb 2011SOME 350 Marina Bay Sands Singapore croupiers dealt the casino a bad hand by calling in sick or not going to work on Valentine’s Day.Sin Chew Daily reported that the croupiers had complained of heavy work load, difficulties in getting leave and not receiving bonuses.The daily reported that some 200 staff members resigned in January, while many others said they were
Las Vegas Sands Says Singapore Hasn’t Delivered Promised MRT Station
Thursday, February 17, 2011
Bloomberg, 17 Feb 2011Las Vegas Sands Corp. Chief Executive Officer Sheldon Adelson said Singapore’s government hasn’t delivered a subway under the retail mall at its downtown casino resort as promised by 2010. Helen Lim, a spokeswoman for the Singapore government’s Land Transport Authority, couldn’t be immediately reached for comment by phone or e-mail. Full story
‘Housewives on gambling escapades worrisome’ - MCA Youth Chief
Malaysia Star, 18 Feb 2011KUALA LUMPUR: There is a worrying development among housewives in Chinese households frequently going on “gambling escapades” in Singapore, said MCA Youth chief Datuk Dr Wee Ka Siong.Thousands travelled south daily by bus to the island republic to try their luck in winning big in casinos, he added.“Many of them were enticed by exciting packages created to lure them to
Las Vegas Sands says seeking more land to expand Singapore casino
Wednesday, February 16, 2011
Reuters, 17 Feb 2011Feb 17 (Reuters) - U.S. casino operator Las Vegas Sands is seeking more land to expand its highly profitable Singapore casino, founder and CEO Sheldon Adelson said on Thursday. Full storyRelated:Sands Asks for More Land in Singapore as It Runs Out of Room - BusinessWeekUPDATE 1-Las Vegas Sands eyes more Singapore land, Spain casino - ReutersUS casino giant asks for more land
Singapore's casino gamble pays off one year on
Sunday, February 13, 2011
AFPJust one year after opening its first casino, Singapore has emerged as Asia's hottest new gambling capital with a revamped cityscape and billions of dollars pouring into the economy. "Singapore has made a dramatic entry to the casino gaming market," financial consultancy PricewaterhouseCoopers said in a report estimating the city-state's casino gaming market at $2.8 billion in 2010. Full
Singapore casino drives Las Vegas Sands' results
Thursday, February 3, 2011
Las Vegas Review-Journal, 3 Feb 2011The casino operator said Thursday it reversed a fourth-quarter net loss from a year ago with a chunk of the increase attributable to the company's resort in Singapore, which opened in April.The Marina Bay Sands, one of just two casinos in Singapore, had net revenues of $560.4 million in the last three months of 2010, which translated into cash flow of $305.8
Las Vegas Sands' Singapore casino CEO resigns
Friday, January 28, 2011
Reuters, 28 Jan 2011Jan 28 (Reuters) - Tom Arasi, chief executive of Marina Bay Sands, the Singapore casino of U.S. group Las Vegas Sands (LVS.N), has resigned and will leave on Feb. 18, according to a memo seen by Reuters on Friday. Full story
Famous Actor’s Daughter Jailed For $110k Casino Theft
Wednesday, January 19, 2011
OnlinePoker.net, 19 Jan 2011The daughter of a famous actor has been sentenced to twenty one months in jail after stealing $110,400 worth of chips while working as a croupier at a casino. Full story
92% of problem gamblers in Singapore are Chinese
Wednesday, January 12, 2011
The China Post, 13 Jan 2011SINGAPORE -- Chinese men aged 30 to 50 make up the bulk of those excluded from the casinos in Singapore at their own request or that of their family.There are 3,816 problem gamblers on self-exclusion and family exclusion orders. Of these, 78 percent are male, 92 percent are Chinese and 60 percent are between the ages of 30 and 50. Full story
Singapore nets casino windfall
Tuesday, January 11, 2011
Sin Chew Jit Poh, 11 Jan 2011SINGAPORE, Tuesday 11 January 2011 (AFP) - Singapore's two casino resorts have netted the government a multimillion-dollar windfall despite thousands of visitors being barred in a bid to fight problem gambling, officials said Tuesday.Second Minister for Finance Lim Hwee Hua said the Resorts World Sentosa and Marina Bay Sands casinos had dented the revenues of local
Singapore looks to tourism, casinos to fuel growth
Monday, January 3, 2011
Bloomberg, 3 Jan 2011SINGAPORE (AP) — Wear red if you want to win at Singapore's Marina Bay Sands casino, but sport white to boost your luck at rival Resorts World Sentosa.So says feng shui expert Danny Cheong, who has seen demand for his skills soar thanks to last year's opening of the city-state's first two casino resorts."Before I would occasionally get clients who asked for help with playing
5 Indians charged with using fake casino chips in Singapore
Saturday, January 1, 2011
The Times Of India, 1 Jan 2011SINGAPORE: A court in Singapore has framed charges against five Indians for allegedly using fake casino chips at a resort in the city state, local media reported on Saturday.The Indians are accused of using an unknown number of counterfeit chips valued at SGD 1,000 each by exchanging them into smaller denominations of the genuine chips at Marina Bay Sands casino on
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