casino

Adelson says US$6 bil Marina Bay Sands investment a ‘warm-up’ to Japan’s casino race

SINGAPORE (Feb 22): Sheldon Adelson – one of the world’s richest men and notably among the biggest funders of Donald Trump’s US presidency campaign – has pledged to spend up to US$10 billion ($14.2 billion) on building a casino facility in Japan,
casino

Marina Bay Sands drawn into China currency control battle against casinos

SINGAPORE (Dec 30): Singapore’s Marina Bay Sands has found itself in the crosshairs as China takes aim at casinos in the region in its battle to keep billions of yuan from flowing out of the mainland.

Philippine casinos will soon surpass Singapore, Okada says

(Dec 22): Universal Entertainment Corp. Chairman Kazuo Okada said the Philippine gaming market could soon surpass Singapore’s, as improved ties with China promises more tourists and raise the prospects for his upcoming US$2.4 billion ($3.5 billio) casin

DBS looks into 2017

Why investors should be doubling up on Genting Singapore

SINGAPORE (Dec 21): DBS Group Research is reiterating its “buy” call on Genting Singapore with a higher target price of $1.15, citing earnings recovery and potential doubling of dividends.

Broker's Calls

4 odds that make Genting a risky bet

SINGAPORE (Nov 28): OCBC Investment Research is reiterating its “sell” call on casino operator Genting Singapore with a fair value of 75 cents, in light of the current economic policy uncertainties faced by Japan.

Broker's Calls

Genting Singapore a bet on earnings recovery, higher dividends

SINGAPORE (Nov 24): DBS Group Research is reiterating its “buy” call for Genting Singapore with a higher target price of $1.15, citing earnings recovery and potential doubling of dividends.

Broker's Calls

After a tough run, Genting Singapore’s earnings look set to recover

SINGAPORE (Nov 4): DBS Vickers Securities is reiterating its “buy” call on Genting Singapore (GENS) with an unchanged target price of 91 cents, with a view that the resorts and casino operator is closing in on a recovery of earnings in FY17.

Broker's Calls

Cityneon gets a boost from IP power

SINGAPORE (Aug 15): UOB Kay Hian is keeping its “buy” call on Cityneon Holdings with a higher target price of $1.15 from $1.02 previously.
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