After Cannabis, Thailand takes step to allow casinos to operate - THE EDGE SINGAPORE

SE Asian economies

After cannabis, Thailand takes step to allow casinos to operate

The proposal for casinos comes amid Thailand’s broader move toward a more-liberal legal landscape.


Macau shuts all casinos as city's worst outbreak widens

Macau is following China’s Covid playbook

China Focus

Junket King's arrest spurs selloff as key Macau market targeted

The pandemic -- which effectively erased Macau’s chief source of revenue -- has hammered the industry.

China Focus

Macau casinos see US$18 billion wipeout as China tightens grip

The six big casino operators fell a record 23%.

Company in the news

Sheldon Adelson's casino empire passes to widow, with longtime lieutenant in charge

Robert Goldstein, 65, a Sands employee since 1995, stepped up as interim CEO last week

Company in the news

Sands shifts focus to Tokyo in drive for first Japanese casino

(Aug 23): Las Vegas Sands Corp will focus on the Tokyo and Yokohama areas as potential locations to build a casino resort, as Japan moves forward with plans to open facilities that allow gambling.

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.

Singapore economy

Singapore casinos $9 bil expansion sparks price concern

(Apr 4): Genting Singapore and Las Vegas Sands Corp’s pledges to put $9 billion into tourist attractions in Singapore to keep their exclusive casino operating licenses was met with little enthusiasm by analysts and investors.

Broker's Calls

Genting Singapore a likely winner this gaming earnings season, says UOB

SINGAPORE (Jan 28): UOB Kay Hian is maintaining “overweight” on gaming with a “buy” call on Genting Singapore (GENS) at a $1.38 target price, or 10 times 2019 EV/EBITDA, on the notion that the integrated resort (IR) operator’s share price could