Nomura Predicts Seasonal Decline for Genting Singapore’s RWS
Genting Singapore's Resorts World Sentosa (RWS) is expected to report a seasonal decline in business volumes for the three months ending June 30, 2024, particularly in the VIP gaming segment, according to Nomura.
This forecast is influenced by trends seen at Singapore rival Marina Bay Sands (MBS), [...]
seaport: mbs baccarat hold impact overstated
Seaport Research Partners suggests that the reported impact of increased baccarat hold rates at Marina Bay Sands (MBS) may be 'hig[...]
smart tables and side bets transforming baccarat, say...
During the company’s 2Q24 earnings call on Thursday morning (Asia time), the issue of baccarat hold was discussed after LVS’s [...]
singapore tightens casino due diligence in anti-money...
Singapore’s parliament initiated a bill on Tuesday to amend the Casino Control Act, focusing on stricter due diligence for casin[...]
singapore, malaysia dismantle illegal betting syndica...
In a joint transnational operation, Singapore and Malaysian police dismantled a criminal group linked to illegal remote betting. C[...]
singapore cuts casino deposit due diligence to $2.9k
Singapore will lower the threshold for due diligence checks on cash deposits in its casinos, aligning with stricter counter-terror[...]
online gambling poses greater money laundering threat...
Singapore authorities have rated the threat of money laundering in the nation’s land-based casinos as “moderately high,” but[...]
singapore warns: gambling abroad could mean money lau...
Singapore's recent $2.23 billion money laundering case raises the stakes for global casino operators.
Legal expert Lau Kok Keng w[...]
singapore casinos: at risk for environmental crime mo...
Authorities in Singapore are concerned that the gaming industry in the nation may be used as a conduit for money laundering relate[...]
singapore’s gambling regulator picks akin for s...
To make gaming laws more clear and foster a more personal relationship with the public, Singapore's Gambling Regulatory Authority [...]