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Singapore Gaming News

Genting Severs Ties To Stanley Ho
6th March 2007

Genting International announced earlier today that they will be removing all ties to Macau casino mogul, Stanley Ho, following concerns expressed by authorities in Singapore. As part of this effort, Star Cruises will be selling it's stake in the Singapore Casino Resort project to Genting, who will now own 100% of the property.

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Asian gambling stocks set records
2nd February 2007

Asian gambling stocks, industry laggards last year, are setting records as investors bet on new casino projects in Macao and Singapore.

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Singapore lost, PBL rolls the dice for Japan
11th December 2006

JAMES Packer will continue searching Asia for gaming assets, with Japan tipped to be the major target, after a consortium involving Publishing and Broadcasting Ltd failed to win Singapore's second casino licence.

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Harrah's says it is reviewing Singapore casino bid
4th October 2006

Harrah's Entertainment Inc. , the world's top gaming operator, said on Wednesday it was reviewing its bid for Singapore's second casino resort after it received a $15 billion buyout offer in the United States.

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Casino boom may roll across Asia
25th August 2006

"There could be as many as 10 'Las Vegases' in Asia," said Sheldon Adelson, chief executive officer of the US-based luxury casino operator. "Other countries will say: 'If it's good enough for wholesome Singapore, it's good enough for us."'

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Harrah's, Genting in Singapore casino bid
31st July 2006

Two consortia -- Malaysia's Genting group (GENT.KL) and Harrah's Entertainment (HET.N) with its Singapore partner Keppel Land (KLAN.SI) -- on Monday formally joined the contest to build Singapore's second casino.

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Growth of gaming industry a boon to real estate
26th July 2006 - Sabah Daily Express

Real estate development is the main beneficiary of phenomenal growth in Asia's gaming industry and overall economic growth has followed, a property expert said Tuesday.

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Work on casino likely to start soon
14th July 2006 - The Star

LAS Vegas Sands Corp, which won a bid to build Singapore’s first casino, is in talks with the government to refine the project’s design and expects to start construction by the end of the year, a company official said.

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Kerzner To Bid For Casino In Singapore
13th July 2006 - Slots Magazine

Kerzner International Ltd, one of four bidders for Singapore's second casino-resort, plans to submit a proposal with an investment in excess of US$1.5 billion, Chairman Sol Kerzner said.

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Universal Studios says still in Singapore casino bid
26th June 2005 - The Edge Daily

Global entertainment giant Universal Studios said on June 23 it remained committed to a Malaysian-led consortium bidding for one of Singapore's two casino resorts, dismissing industry rumours that it had left the group.

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Sun International plans to list Singapore integrated resort if it wins bid
30th May 2005 - Channel News Asia

Singaporeans will have a stake in the integrated resort on Sentosa if South Africa-based Sun International, which is bidding to build a resort there, has its way.

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Las Vegas Sands to start gaming courses with local schools if it wins bid for integrated resort
26th May 2005 - Channel News Asia

With 35,000 new jobs created after Singapore's 2 integrated resorts are built, employment will be foremost on the minds of resort companies.

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Las Vegas Sands: Singapore cap on casino earnings lifted
21st May 2005 - The Star

Singapore has dropped a restriction forcing operators of its two casinos to generate no more than half of their revenues from gambling, the president of US gaming giant Las Vegas Sands said on Thursday.

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Critic Raps Singapore's Tight Controls Over Casino Project
14th May 2005 - VOA News

American casino tycoon Steve Wynn says the Singapore government's direct involvement in designing two casinos could have adverse consequences.

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Report: Wynn Slams Singapore's Casinos
14th May 2005 - Forbes

Las Vegas casino mogul Steve Wynn said the Singapore government's direct involvement in designing the city-state's first two casinos was "unsophisticated" and could compromise the outcome, a newspaper reported Saturday.

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Singapore gives green light to two casinos
28th Apr 2005 - Shanghai Star

SINGAPORE approved on April 18 a controversial proposal to legalize casino gambling, clearing the way for two multi-billion dollar casino resorts to bring in tourist revenue and overhaul the island's staid image.

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Cards on the table in bid to build casinos in Singapore
26th Apr 2005 - Edinburgh Evening News

SINGAPORE has shortlisted 14 groups to develop two casino resorts expected to cost a combined £1.6 billion and give one of Asia’s stuffiest cities a new image.

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Argosy Gaming Company Withdraws from Singapore Integrated Resort Proposal Process
26th Apr 2005 - Newswire

Argosy Gaming Company (AGY) today announced that it has been selected by the Singapore Tourism Board to participate in a Request for Proposal to develop an integrated resort complex in Singapore, but has withdrawn its name from further consideration for the project.

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Singapore Selects Mark Advent's Eighth Wonder as Finalist for Nation's First Integrated Resort and Gaming Licenses
25th Apr 2005 - Newswire

Eighth Wonder, a resort developer led by gaming and entertainment industry pioneer Mark Advent, has confirmed that the company and partner Starwood Hotels & Resorts Worldwide (HOT) are among the finalists being considered to operate one of Singapore's first integrated resorts.

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Harrah's, Keppel Land Invited to Submit Proposals for Integrated Resort in Singapore
25th Apr 2005 - Newswire

Harrah's Asia Pte Ltd., an indirect subsidiary of Harrah's Entertainment, Inc. (HET) and Keppel Land, Ltd., have been invited by the Singapore Tourism Board to submit joint proposals for two integrated resorts in the Republic of Singapore.

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Business in Asia -- April 19, 2005
19th Apr 2005 - Newswire

A round-up of Asian stock markets prepared by Asia Pulse, the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

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Singapore to Allow Casinos to Boost Tourism, Add Jobs
18th Apr 2005 - Bloomberg

Singapore scrapped a four-decade ban on casinos to boost tourism, clearing the way for companies including Las Vegas Sands Corp. and MGM Mirage to compete for the right to build an entertainment complex in the city.

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Singapore May Drop Casino Ban To Help Triple Tourism Revenues
18th Apr 2005 - Bloomberg

Singapore will probably end a four- decade ban on casinos as part of a plan to triple the island's $5.8 billion of tourism revenue, investors including Templeton Asset Management Ltd.'s Mark Mobius said.

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Singapore Warms To Casino
18th Apr 2005 - Herald Sun

TABCORP and Kerry Packer's Publishing and Broadcasting are likely to get serious about Singapore's first casino licence after former prime minister Lee Kwan Yew shifted ground yesterday and lent his support to legalised gambling.

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Singapore Set To Announce Decision On Casino Issue
17th Apr 2005 - Channel News Asia

SINGAPORE : The government has rolled the dice on the casino issue, but exactly how the chips have fallen will only be known on Monday when Prime Minister Lee Hsien Loong announces the decision in Parliament.

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Casino A Small Component Of Integrated Resort Proposals
17th Apr 2005 - Channel News Asia

SINGAPORE : The Cabinet has received many good proposals on building an integrated resort, where a casino is a relatively small component, Defence Minister Teo Chee Hean has said.

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Report: Singapore Official Touts Casinos
17th Apr 2005 - Forbes

Up to 10,000 jobs could be created if Singapore allows two casino resorts to be built, a newspaper quoted a labor leader as saying Sunday, a day before Parliament was expected to announce whether the project will go ahead.

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S'Pore Likely To OK Casino: Analyst
16th Apr 2005 - Sabah Daily Express

SINGAPORE: Singapore will decide next week whether to allow a casino, after receiving 19 concept proposals from some of the world's top gaming operators to build, own and operate a casino resort here.

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Taming The Casino Dragon: The Only Certain Thing In Life Is It's Uncertainty
16th Apr 2005 - Home Affairs Ministry

The great CASINO debate has been raging relentlessly for the past months. By now, every Singaporean must be acutely aware, if not already weary, of the issues involved. The proponents have steadfastly argued for the monetary benefits of such a venture while the sceptics frowned on the social ills which it must inadvertently bring. Unfortunately, it is neither an issue which can be clinically analysed nor expeditiously decided.

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Home Affairs Ministry releases Chia Teck Leng's paper on casino gambling
16th Apr 2005 - Channel News Asia

SINGAPORE : Once the second biggest casino gambler in the world, he is serving 42 years in jail for cheating banks of $117.1 million to feed his habit.

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Former gambler suggests safeguards if Singapore sets up casino
16th Apr 2005 - Channel News Asia

SINGAPORE : A former high-roller, now serving a jail term for fraud, has suggested safeguards be in place if Singapore decides to set up a casino.

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S'Pore Likely To OK Casinos, Analysts Say
16th Apr 2005 - Malaysian National News

SINGAPORE, April 15 (Bernama) -- Singapore will decide next week whether to allow a casino, after receiving 19 concept proposals from some of the world's top gaming operators to build, own and operate a casino resort here.

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S'Pore Can't Afford To Let Casino Chance Pass Us By: MM Lee
16th Apr 2005 - Today Online

THERE will be "trouble" in Singapore if there are casinos, said Minister Mentor Lee Kuan Yew, but there will be "more trouble" if there are none.

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Singapore To Announce Decision On Casino
14th Apr 2005 - Forbes

Singapore will announce next week whether it will allow a casino to be built after months of debate over whether economic benefits outweigh the social costs of expanding legalized gambling in Southeast Asia's most prosperous country.

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Casino Decision Made
13th Apr 2005 - Today Online

THE Cabinet has made a decision on the casino in a meeting last Saturday, said Senior Minister Goh Chok Tong.

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Aussie Leisure Giant Bids On Casino Deal
13th Apr 2005 - Today Online

Australian leisure giant Village Roadshow, which co-owns Golden Village cineplexes here, has said it had submitted a bid for the proposed Integrated Resort in Singapore.

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Genting bids RM18b for Singapore resorts
12th Apr 2005 - The Star

GENTING Bhd said each of the two Singapore projects it’s bidding for, that may include the city’s first casinos, will cost S$3bil (RM6.8bil) to S$4bil (RM9.1bil).

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Tabcorp Wagers $53.5 Million On Makeover
12th Apr 2005 - Yahoo! News

Gaming and wagering company Tabcorp Holdings Ltd plans to spend $53.5 million to refurbish its Conrad Jupiters hotel and casino on the Gold Coast, Queensland.

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Singapore aims to capture larger Asia-Pacific tourism market
6th Apr 2005 - Channel News Asia

Singapore is looking at ways to grab a larger slice of the regional tourism pie. According to Minister for Trade and Industry Lim Hng Kiang, Singapore currently has between 6 to 8 percent of the Asia Pacific tourism total revenue.

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