Singapore has been working on plans to bring together its different regulatory gaming frameworks under one roof, but the task is proving to be more challenging than expected. Currently, casino operators follow one regulator, while remote gaming operators are directed by another. Having unified regulatory oversight would simplify the industry, but COVID-19 is making it […]
As close as the world was to defeating COVID-19, the virus has proven to be more resilient than anticipated. Despite global vaccinations now being administered, there are pockets of outbreaks occurring that are causing stress levels everywhere to increase once again. The casino industry doesn’t want to have to suffer through another pandemic – nor […]
A senior executive of Las Vegas Sands based in Singapore retired and left the company, Inside Asian Gaming media reports. Marking the End of an Illustrious Career Andrew MacDonald, corporate senior vice president, and chief casino officer at the Las Vegas gaming giant and its global subsidiaries, is already on leave until his official end […]
Gambling laws in Singapore are about to get tougher, as Singapore’s Ministry of Home Affairs (MHA) has said it would seek public input to steer a more comprehensive regulatory framework on the country’s gambling industry. The ministry is responding to a now tangible overlap between online gambling and gaming, with the terms often used interchangeably by the […]
Reported S$15.4 million has been lost on fictitious gambling platforms in Singapore and victims now facing jail time and fines. Singaporeans Fall Victims to Gambling Scams Singapore is facing an influx of fraudulent online platforms connected with gambling and bogus investments, said the Singapore Police Force (SPF) this Sunday, reporting concerns that scams have increased […]
Two people arrested for running a transnational gambling syndicate which collected bets on legal Singapore Pool lotteries were sentenced to jail time and hefty fines this week. Family Business Ends in Jail Tuesday, December 15, Ow Choon Bok, a 44-year-old Singapore resident and his father, Ow Gowan Hock, 73, received sentences of five and three-and-a-half […]
The Singapore Tourism Board (STB) announced Thursday it entered into a 3-year partnership agreement with the world’s leader in digital payments, Visa. According to the Memorandum of Understanding (MoU) signed by both parties, the needs of Singapore’s tourism and lifestyle small and medium-sized enterprises (SMEs) and the impact from the coronavirus on them will be […]
Employee transfers to third parties for more than $1 billion are being investigated at Marina Bay Sands. The Singapore casino resort of Sheldon Adelson’s Las Vegas Sands has hired a prominent law firm to look into the dealings with gamblers’ money. Davinder Singh Chambers LLC, a specialist in dispute resolution and international arbitration, has been […]
Las Vegas Sands Corp. filed information to the Securities and Exchange Commission (SEC), revealing the company waived for the first six months millions in rents to mall tenants in Macao and Singapore. The total amount of rents waived to support its tenants is $170 million and accounts for most of the decline in mall revenue […]
Operating in the post-COVID-19 environment, off-track betting and sports betting venues in Japan and Singapore have reopened their doors for visitors. More Off-Track Betting Shops Reopen in Japan Japan and Singapore’s off-track betting shops keep reopening as the two countries are on track with relieving the strict measures introduced due to the COVID-19 pandemic. Since […]
