Singapore

Singapore Charges Bankers in Major Money-Laundering Case

Singapore's legal system took a decisive step by?formally charging two former bank relationship managers, marking a significant development in the country's largest-ever money-laundering scandal. This action re...

Singapore Warns of Medium-High Risk for Environmental Crime Money Laundering in Casino Industry

A newly released report from multiple Singapore agencies has drawn attention to the casino industry as one of the sectors at medium-high risk for potential exploitation in environmental crime money laundering. ...

Genting Singapore’s Q1 2024: Revenue Soars 62%, Expansion Plans on Track

Genting Singapore, a prominent player in the integrated resort industry, has unveiled its stellar performance for the first quarter of 2024. Boasting revenue of SG$784.4 million ($580 million) and adjusted EBIT...

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Anwar Ibrahim, the Prime Minister of Malaysia, has reportedly met up with 2 of Malaysian's top business leaders, including Lim Kok Thay, CEO of Genting Malaysia Bhd, to talk about the chance of issuing a 2nd ca...

Singapore Excludes Criminal Legal Aid Recipients from Setting Foot in Casinos

Accused persons currently getting criminal legal assistance aren't permitted to set foot in Singapore’s jackpot rooms or casinos, nor to gain access to their Singapore Pools wagering accounts as long as they ha...

Financial Report Finds Marina Bay Sands the Leading Gaming Brand Worth $6.16 Billion

The landmark casino resort Marina Bay Sands has been rated the global leading casino brand in terms of brand value in the “Gambling 25 2024” report from the United Kingdom-based consultancy Brand Finance Plc. T...

Las Vegas Sands Hit the Records in Q4 of 2023, Adjusted Property EBITDA Is US$1.20 Billion

The popular Las Vegas Sands published the figures from Q4 of 2023, and the Adjusted Property EBITDA was US$1.20 billion in October, November, and December. The figures were increased partly because of renewed M...

How To Play Safely, Following Singapore’s and Other High Profile Casino Data Breaches

A major consideration of customers of both land-based casinos and internet gambling sites when deciding where to spend their hard-earned money is whether or not their personal and financial information will be ...