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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.
July 27, 2020
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.
July 20, 2020
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.
June 05, 2020
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.
May 29, 2020
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
August 05, 2019
Buy right
Sneaker culture
Ermenegildo Zegna’s My Claudio shoes are a cut above the rest
August 02, 2019
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.
August 01, 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
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
April 05, 2019
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.
April 05, 2019