gaming

SINGAPORE (Nov 16): RHB Research is maintaining its “buy” rating on Genting Singapore with a lower target price of $1.23 compared to $1.42 previously after updating DCF assumptions and rolling over the valuation base year to FY19.

SINGAPORE (July 11): Singapore Telecommunications was around back when the telegraph was still cool. Now the 139-year-old company is experimenting with video games as a way to raise its profile with millennials.

HONG KONG (Feb 13): MGM Resorts International’s debut of its US$3.4 billion ($4.5 billion) property Tuesday is the latest bet on the world’s biggest casino hub, as licensing bids and China’s proposal to allow gambling on a nearby island cast uncerta

SINGAPORE (Dec 12): Fitch Ratings expects gaming operators and suppliers to see moderate growth globally in 2018 on the back of sound economic outlook across global gaming markets.

HONG KONG (Aug 15): MGM Resorts International is counting on a growing number of affluent Chinese customers to drive revenue at its new Macau property, as it strives to catch up with an industry rebound in the enclave.

SINGAPORE (July 27): Las Vegas Sands has announced earnings of US$576 million ($781 million) for the 2Q17 ended June, representing a 36.8% increase, or 73 US cent per diluted share, compared to US$421 million or 53 US cent per diluted share in the same qu

(June 27): China just sent a clear message to casinos sprouting across Asia: don’t peddle your baccarat here.

This article appears in Issue 783 (June 12) of The Edge Singapore which is on sale now

LONDON (June 1): Revenue from computer games exceeded US$100 billion ($138 billion) globally in a single year for the first time, while China has overtaken the US as the "gamer capital of the world" in terms of market size, according to a report p

MANILA (May 19): Melco Crown Philippines Resorts Corp. is the best-performing casino stock in the world this year. To punters playing baccarat at the company’s City of Dreams venue in Manila, that’s no surprise.