Bo Bernhard, the Vice President for Economic Development at the University of Nevada, Las Vegas, is optimistic about the prospects of the gambling industry in Thailand. He believes that the Bangkok market has great potential and could even surpass Singapore in terms of tourist attraction and gamblin
The gambling industry in Southeast Asia has shown a diversified development trend in recent years, with each country having its own characteristics in terms of policy regulations, market size, and development trends. Next, let's take a look at the current state of gambling development in Southeast A
Marina Bay Sands expects to post an annual adjusted property EBITDA of US$3.5bn.Singapore.- Las Vegas Sands (LVS) has predicted that Marina Bay Sands’ (MBS) annual earnings before interest, taxation, depreciation and amortisation (EBITDA) will rise 40 per cent to US$3.5bn after the opening of the se
The company plans to use the loan to fund the expansion of its integrated resort.Singapore.- Marina Bay Sands (MBS) is reportedly looking to secure a loan of approximately SG$12bn (US$9m), which would represent the largest financing deal in Singapore’s history. The credit would partially refinance a
The waterfront development will include two new hotels with 700 rooms.Singapore.- Genting Singapore has forecast that work on the Resorts World Sentosa (RWS) waterfront promenade will be completed by 2030. The development will include the construction of a mountain trail, an 88m-tall light sculpture
Analysts said Q3 results were below expectations.Singapore.- Analysts atMaybank have lowered their net profit forecasts for Genting Singapore by 16 to 17 per cent for the 2024, 2025 and 2026 financial years. Following the financial report for the third quarter, they said the company hadn’t met expec
Las Vegas Sands Corp. (LVS) announced a 4.3% year-on-year decline in net revenue for the third quarter of 2024, reporting a total of $2.68 billion, as the company contends with lower-than-expected performance at its key properties in Macao and Singapore. This drop was accompanied by a 21.4% decrease
Third quarter earnings season for the gaming industry kicks off in earnest Wednesday when Las Vegas Sands reports what’s happening in Macau and Singapore, while Boyd Gaming on Thursday gives the first glimpses of its Las Vegas locals’ properties and U.S. regional markets.Shaun Kelley, an analyst wit
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