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casinos
China Focus
Macau casinos shut thousands of hotel rooms in labour crunch
Everybody's struck unprepared
April 06, 2023
SE Asian economies
After cannabis, Thailand takes step to allow casinos to operate
The proposal for casinos comes amid Thailand’s broader move toward a more-liberal legal landscape.
July 27, 2022
Covid-19
Macau shuts all casinos as city's worst outbreak widens
Macau is following China’s Covid playbook
July 10, 2022
China Focus
Junket King's arrest spurs selloff as key Macau market targeted
The pandemic -- which effectively erased Macau’s chief source of revenue -- has hammered the industry.
November 30, 2021
China Focus
Macau casinos see US$18 billion wipeout as China tightens grip
The six big casino operators fell a record 23%.
September 15, 2021
Company in the news
Sheldon Adelson's casino empire passes to widow, with longtime lieutenant in charge
Robert Goldstein, 65, a Sands employee since 1995, stepped up as interim CEO last week
January 13, 2021
Company in the news
Sands shifts focus to Tokyo in drive for first Japanese casino
(Aug 23): Las Vegas Sands Corp will focus on the Tokyo and Yokohama areas as potential locations to build a casino resort, as Japan moves forward with plans to open facilities that allow gambling.
August 23, 2019
Singapore economy
Singapore fills coffers with $1.3 bil on casino visits
SINGAPORE (May 7): Higher entrance levies haven’t stopped rich Singaporeans or those just feeling lucky from flocking to the country’s only two casinos.
May 07, 2019
Singapore economy
Singapore casinos $9 bil expansion sparks price concern
(Apr 4): Genting Singapore and Las Vegas Sands Corp’s pledges to put $9 billion into tourist attractions in Singapore to keep their exclusive casino operating licenses was met with little enthusiasm by analysts and investors.
April 04, 2019
Broker's Calls
Genting Singapore a likely winner this gaming earnings season, says UOB
SINGAPORE (Jan 28): UOB Kay Hian is maintaining “overweight” on gaming with a “buy” call on Genting Singapore (GENS) at a $1.38 target price, or 10 times 2019 EV/EBITDA, on the notion that the integrated resort (IR) operator’s share price could
January 28, 2019