Marina Bay Sands (MBS)

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

TOURISM

Marina Bay Sands to reopen towers 2 and 3 in time for National Day; guests can expect staycation deals and dining offers

Marina Bay Sands will be reopening its second and third towers for guests looking to celebrate the National Day long weekend.

Broker's Calls

Gaming profits destroyed by Covid-19 this quarter

The Covid-19 pandemic has been catastrophic for the gaming sector in Singapore, as lockdown measures saw local casinos operating for only a single week during 2Q2020.

Singapore economy

MBS settles lawsuit by former patron with $9.1 mil payment

(July 20): The Singapore casino run by billionaire Sheldon Adelson’s Las Vegas Sands Corp.

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.

Investing ideas

Can BreadTalk rise to the occasion on operating efficiencies and 4orth?

SINGAPORE (Aug 5): BreadTalk may have reported 7.9% higher 1H19 revenue of $321 million from a year ago, however earnings fell 35.3% due to 39.4% higher distribution and selling expenses of $169.2 

Buy right

Sneaker culture

Ermenegildo Zegna’s My Claudio shoes are a cut above the rest

Investing ideas

ISOTeam powering up as regional player on back of Pure acquisition

SINGAPORE (Aug 1): As the Singapore construction sector awakens from its slump, ISOTeam is well placed to tap new markets and win more contracts.

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.

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