casinos

After Cannabis, Thailand takes step to allow casinos to operate - THE EDGE SINGAPORE

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.

Covid-19

Macau shuts all casinos as city's worst outbreak widens

Macau is following China’s Covid playbook

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.

China Focus

Macau casinos see US$18 billion wipeout as China tightens grip

The six big casino operators fell a record 23%.

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

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.

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.

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.

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
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