#MBS

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Woman Wins Over S$1.1M At MBS Casino Slot Machine In Rare Incident

Many gamblers hope to become millionaires overnight with the help of nothing more than a slot machine, but striking big is actually a very rare occurrence. Incredibly enough, this was the reality for a woman in Singapore recently. She won more than S$1.17 million from a slot machine at the Marina Bay Sands (MBS) Casino. An expert in statistics…

Winnings ・ 09 January 2024

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Offshore online casinos find way around NZ's advertising laws

Advertising overseas gambling websites is illegal in New Zealand but some online casinos have found a way around the rules. They're advertising free-to-play gambling sites that closely resemble their own pay-to-play sites with the same name and an almost identical website. The Department of Internal Affairs' (DIA) general manager of regulatory…

Gambling Sites ・ 09 September 2023

Skift

Las Vegas Sands Eyes Casino For NY's Long Island

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

Travel ・ 31 January 2023

Trefis

Is Las Vegas Sands Stock A Buy With Macau On Cusp Of Recovery?

Las Vegas Sands (NYSE:LVS) stock has fared well over the last quarter or so, rising by about 40% since the end of October 2022. The recent gains come as two major overhangs relating to the Macau business - which accounted for over 60% of the company's pre-pandemic revenue - appear to be easing. Firstly, China's State Council has been rolling back…

Travel ・ 04 January 2023

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CLC

3 Most Luxurious Casinos in the World

Gambling is a tradition that can be dated back to the ancient world. For centuries, even millennia, men and women have played different dice, card, board, or luck-based games, staking their money or goods on the outcome. So, nobody was surprised when the first ever casino, built in the 1600s, was a massive success. The Casino di Venezia drew the…

Industry ・ 06 December 2022

Seeking Alpha

Las Vegas Sands: Capitulation Here Or Near

Owning it: I have been following the shares of Las Vegas Sands (NYSE: LVS) for five years, for any number of reasons that most investors share with me. It is the global leader of the gaming industry, having been built from the Las Vegas legacy of the original Sands, home of the famous Rat Pack of Frank Sinatra, and decades later, its extension to…

Travel ・ 22 September 2022

Barron's

Las Vegas Sands Took a Macau Hit. Why Singapore Can Help.

For investors willing to roll the dice on travel stocks, Las Vegas Sands got another vote of confidence Wednesday. With another quarter in the books without a Macau reopening, J.P. Morgan analyst Joseph Greff lowered his estimates for Las Vegas Sands (ticker: LVS). And although he writes that this "is not at all surprising to investors," he also…

Covid ・ 06 July 2022

Asgam

Singapore extends Marina Bay Sands casino license until 2025

Singapore's Casino Regulatory Authority has renewed the casino license of Marina Bay Sands Pte Ltd for three years, until 26 April 2025. Renewal of the Singapore integrated resort's casino license was confirmed via a short message on the CRA's website this week, which stated that it had "assessed that MBS has fulfilled the requirements set out in…

Travel ・ 21 April 2022

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Gambling News

New Singapore Gambling Duties Bill Increases Casino Tax Rates

Singapore's Parliament has released a new Gambling Duties Bill meant to streamline the country's gambling regulations. The amendments to the current Casino Control Act were originally discussed in 2019 as part of the Tourism Board's agreement with operators Las Vegas Sands and Genting Singapore. The talks targeted the expansion of the operators'…

Finance ・ 11 January 2022

The Straits Times

MBS casino reopens after closure due to virus cluster, Consumer News & Top Stories

The Marina Bay Sands (MBS) casino reopened on Thursday, following a two-week closure after a Covid-19 cluster was traced to it on July 21. MBS is also rolling out an enhanced rostered routine testing regimen for staff who interact with guests. These employees will undergo swab tests at intervals ranging from three days to 28 days, depending on…

Covid ・ 06 August 2021

Asia One

Marina Bay Sands casino reopens with new measures after 2-week closure due to Covid-19 cluster, Singapore News

SINGAPORE - The Marina Bay Sands (MBS) casino reopened on Thursday (Aug 5), following a two-week closure after a Covid-19 infection cluster was traced to it on July 21. MBS said its casino has implemented various precautionary measures with the reopening, which include an enhanced rostered routine testing regime for staff members who interact with…

Covid ・ 06 August 2021

The Straits Times

Marina Bay Sands casino reopens after two-week closure due to Covid-19 cluster, Consumer News & Top Stories

SINGAPORE - The Marina Bay Sands (MBS) casino reopened on Thursday (Aug 5), following a two-week closure after a Covid-19 infection cluster was traced to it on July 21. MBS said its casino has implemented various precautionary measures with the reopening, which include an enhanced rostered routine testing regime for staff members who interact with…

Covid ・ 06 August 2021

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GGRAsia

MBS casino reopens with 2-person limit at gaming tables

The Marina Bay Sands (MBS) casino resort in Singapore said in a statement on its website that it had reopened its gaming facilities on Thursday (August 5). The venue was shut on July 22, after being linked to a cluster of fresh Covid-19 infections in the city-state. The property (pictured in a file photo) is operated by a subsidiary of…

Land-based ・ 06 August 2021

Asgam

Andrew MacDonald steps down from Las Vegas Sands

Long-time Singapore-based Las Vegas Sands executive Andrew MacDonald has retired and left the company, Inside Asian Gaming has learned. MacDonald is understood to have already taken leave until his official end date in the coming weeks - bringing to an end a near decade-long tenure with the company. IAG has contacted both LVS and MacDonald for…

Land-based ・ 19 July 2021