Marina Bay Sands (MBS)

Broker's Calls

Gaming profits destroyed by Covid-19 this quarter

2Q2020 has been a tough quarter for the gaming industry, and it is unlikely to get much better going forward.

Singapore economy

MBS settles lawsuit by former patron with $9.1 mil payment

Marina Bay Sands Pte. also agreed to allow Wang Xi back into the casino as long as he abides by its policies, said the person, who asked not be identified because the matter is confidential.

Company in the news

Marina Bay Sands probed over money-laundering controls

The Singapore casino of billionaire Sheldon Adelson’s Las Vegas Sands Corp. is being probed by the US Department of Justice over whether anti-money laundering regulations were breached in the way it handled the accounts of top gamblers.

Singapore economy

Stanley Ho inspired Singapore's casino foray

The gambling magnate Stanley Ho, who died in Hong Kong on Tuesday at the age of 98, had 17 known children. But his legacy was not restricted to his children. He was also the unacknowledged father of the Singaporean gambling industry.

Investing ideas

Can BreadTalk rise to the occasion on operating efficiencies and 4orth?

SINGAPORE (Aug 5): BreadTalk may have reported 7.9% higher 1H19 revenue of $321 million from a year ago, however earnings fell 35.3% due to 39.4% higher distribution and selling expenses of $169.2 million and lease expense of $7.3 million due to new acco

Buy right

Sneaker culture

Ermenegildo Zegna’s My Claudio shoes are a cut above the rest

Investing ideas

ISOTeam powering up as regional player on back of Pure acquisition

SINGAPORE (Aug 1): As the Singapore construction sector awakens from its slump, ISOTeam is well placed to tap new markets and win more contracts.

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.

In print this week

Raising the stakes

SINGAPORE (Apr 5): Nine years ago this month, Sheldon Adelson, the ageing chairman and CEO of Las Vegas Sands, cut a yellow ribbon at precisely 3.18pm to symbolise the opening of the Marina Bay Sands (MBS) integrated resort (IR). The iconic three towers

In print this week

Singapore is betting on its integrated resorts – but will the $9 bil 'IR 2.0' plan be enough?

SINGAPORE (Apr 5): With its dramatic architecture of three curved hotel towers, topped with the world’s biggest cantilever, Marina Bay Sands (MBS) has become an iconic representation of Singapore.
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