casinos

Company in the news

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

Robert Goldstein had just been offered a good job to run a casino in Atlantic City, New Jersey, when Sheldon Adelson called to pitch him on a new opportunity.

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 enthusias

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 not

Broker's Calls

Time to place bets on Genting Singapore as stock is now looking cheap, says RHB

SINGAPORE (Nov 16): RHB Research is maintaining its “buy” rating on Genting Singapore with a lower target price of $1.23 compared to $1.42 previously after updating DCF assumptions and rolling over

Billionaire developer rides Vietnam gambling trend with casino

SINGAPORE (March 22): FLC Group Joint-stock Co., co-founded by billionaire Trinh Van Quyet, has joined a growing number of foreign and local investors betting on cashing in on Vietnam’s decision to

Singapore casinos are so 2015 as tourists go shopping instead

(Dec 12): Singapore's casinos are so 2015. After luring tourists for half a decade, they're now losing out to the mall.

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