MBS hires law firm to probe US$1 bil in transfers - THE EDGE SINGAPORE

Company in the news

MBS hires law firm to probe US$1 bil in transfers

Las Vegas Sands Corp.’s Singapore casino has hired a law firm to conduct a new investigation into employee transfers of more than US$1 billion ($1.36 billion) in gamblers’ money to third parties, a

Company in the news

Marina Bay Sands probed over money-laundering controls

(June 5): The Singapore casino of billionaire Sheldon Adelson’s Las Vegas Sands Corp.

Singapore economy

Stanley Ho inspired Singapore's casino foray

SINGAPORE (May 29): 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.


Gambling mecca Macau suspends casino operations to help curb coronavirus spread

(Feb 4): Casinos in Macau, the Chinese territory that’s the world’s biggest gambling hub, are being asked to temporarily close as China tries to contain the spread of the deadly coronavirus.

China Focus

China sends two messages with one Macau invitation

SINGAPORE (Nov 4): Macau is being pulled into dangerous crossfire.

Broker's Calls

Genting Singapore's outlook unmarred by slight earnings disappointment, according to analysts

SINGAPORE (Feb 22): Maybank Kim Eng, OCBC Investment Research, RHB Research and CGS-CIMB Research are maintaining their “buy” calls on Genting Singapore (GENS) with the respective target prices of

Global Markets

MGM opens new US$3.4 bil resort in Macau

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 propos


Genting bets US$1.2 bil on New York’s Catskills casino

(Feb 2): If a billionaire from Malaysia has his way, Asian tourists will soon be flocking to the Borscht Belt region in the Catskills Mountains that was once the summer home for generations of Jewi


Las Vegas Sands profit surges on continuing Macau and Singapore

LOS ANGELES (Jan 25): Las Vegas Sands Corp.’s big bet on Macau continues to pay off.

Banyan Tree gets verbal approval from Vietnam PM for Hue resort

SINGAPORE (Jan 8): Banyan Tree’s resort in Hue, Vietnam – Laguna Lang Co – has obtained approval from the Vietnamese Prime Minister Nguyen Xuan Phuc to build a casino.

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