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Marina Bay Sands (MBS)
Singapore economy
Singapore fills coffers with $1.3 bil on casino visits
SINGAPORE (May 7): Higher entrance levies haven’t stopped rich Singaporeans or those just feeling lucky from flocking to the country’s only two casinos.
May 07, 2019
In print this week
Raising the stakes
SINGAPORE (Apr 5): Nine years ago this month, Sheldon Adelson, the ageing chairman and CEO of Las Vegas Sands, cut a yellow ribbon at precisely 3.18pm to symbolise the opening of the Marina Bay Sands (MBS) integrated resort (IR). The iconic three towers
April 05, 2019
In print this week
Singapore is betting on its integrated resorts – but will the $9 bil 'IR 2.0' plan be enough?
SINGAPORE (Apr 5): With its dramatic architecture of three curved hotel towers, topped with the world’s biggest cantilever, Marina Bay Sands (MBS) has become an iconic representation of Singapore.
April 05, 2019
Broker's Calls
Genting Singapore kept at 'buy' with $1.23 target by RHB on stable earnings, market share gains
SINGAPORE (Feb 18): RHB Research is maintaining Genting Singapore at “buy” with target price of $1.23 on the back of stable casino earnings, market share gains and the company’s potential to tap into the Japan market, bolstered by its net cash balan
February 18, 2019
Broker's Calls
Valuations for Genting Singapore expected to trend up
SINGAPORE (July 30): UOB Kay Hian is keeping its “buy” call on Genting Singapore (GENS) with a target price of $1.38 on expectations that its valuations will trend up over time.
July 30, 2018
North Korea's Kim enjoys Singapore sites on eve of historic summit with Trump
SINGAPORE (June 11): North Korean leader Kim Jong Un, who rarely ventures outside his isolated country, visited tourist sites on Singapore's waterfront on Monday, hours before a historic summit with US President Donald Trump.
June 11, 2018
ISOTeam announces $46.6 mil mega-contract win
SINGAPORE (May 24): ISOTeam says it recently secured seven new contracts amounting to $52.58 million, including a $46.54 million mega-contract.
May 24, 2018
Broker's Calls
Genting Singapore likely to report better 1Q on higher market share: CIMB
SINGAPORE (Apr 27): CIMB Research expects Genting Singapore (GENS) to report an estimated 5% year-on-year improvement in adjusted EBITDA for the 1Q ended March on the back of higher market share.
April 27, 2018
Broker's Calls
UOB Kay Hian not betting on exciting growth for gaming industry
SINGAPORE (Oct 27): UOB Kay Hian is keeping its “hold” recommendation on Genting Singapore (GENS) with an unchanged target price of $1.15 despite strong growth reported by Las Vegas Sands Corp (LVS), the operator of Marina Bay Sands (MBS).
October 27, 2017
Broker's Calls
UOB stands pat on Genting Singapore amid ‘unexciting’ industry growth
SINGAPORE (July 31): UOB Kay Hian is keeping its “hold” call on Genting Singapore (GENS) with an unchanged target price of $1.15 on the back of expectations of an unexciting second half in 2017.
July 31, 2017