Marina Bay Sands, a luxurious hotel in Singapore, offering hospitality and gaming, will launch a new scholarship program. Las Vegas Sands, which owns the establishment, will invest $1 million in the program, benefitting over 100 local students. MBS Launches a Scholarship Program According to a statement from Las Vegas Sands, the program is a part […]
On August 16, Singapore inaugurated its new Gambling Regulatory Authority (GRA), which will take over from the Casino Regulatory Authority (CRA) and will aim to practice a holistic approach toward the whole of the gambling industry, encompassing all new gambling products that are available on the market. Establishing the New Regulator The GRA inauguration ceremony […]
Genting Singapore, Singapore-based regional leisure, hospitality and integrated resorts development specialist, posted its financial results for the first half of the year. Although the company’s overall revenue increased, its profits suffered amid high costs and changes in the regulatory landscape. Genting Singapore’s Revenues Increased Genting Singapore, which operates Resorts World Sentosa, reported revenue of $481.8 […]
The Singapore Gambling Regulatory Authority Act was introduced for first reading in the Singapore Parliament on February 14, alongside the Gambling Control Act. They passed in Parliament on March 11, 2022, and are going into effect today, August 1, 2022. Together they bring a number of changes to how gambling is regulated in terms of […]
The International Monetary Fund has released a Singapore report in which it praised the approach that the city-state had to the pandemic. The document was released on Thursday, just a day after Marina Bay Sands released its Q2 results, which reported that the company’s net revenue increased by 107.6%. The Economy Has Recovered Impressively, the […]
Authorities in Singapore have been able to seize close to $530,000 worth of electronic equipment and funds, portable phones, and other paraphernalia that was used to run illegal online gambling operations. Police carried out six separate raids and managed to round up 24 people allegedly involved in illegal gambling businesses that operated overseas and accepted […]
US gambling giant MGM Resorts International has been reportedly taking a closer look into the possibility of acquiring Genting Singapore. According to reports, MGM has already held talks with the Lim family to either invest in Genting or acquire it in its entirety. Genting is the parent firm of Resorts World Sentosa. COVID-19 Restrictions Are […]
Valentina Shevchenko is one of the greatest female fighters in the history of the UFC. The proof of this is that she’s been in the possession of the UFC Women’s Flyweight Championship belt since 2018, defending her title six times. Are we going to see her defend it once again? Oddsmakers sure think so, but […]
Two years after MMA fans witnessed one of the most brutal fights in the history of MMA, the two protagonists meet again. Zhang Weili vs Joanna Jedrzejczyk Part 2 is on the program this coming Saturday at UFC 275 in Singapore. It wouldn’t be an overstatement to say that their first fight is what defines […]
Gambling pushes us to desperate lengths. Before some of us can get the help they need to tackle their gambling problem, they have already committed bad deeds. In the case of a former manager at the Gleneagles Hospital in Singapore, a manager’s embezzlement of hospital funds will now see him sent to jail. Manager Misappropriates […]
