Casino operator Las Vegas Sands Corp (LVS) hopes a new tower, part of its planned US$3.3-billion expansion project for its Marina Bay Sands
Sixty-five people were caught in several estates during an eight-day multi-agency operation earlier this month, the Singapore Police Force (SPF) said on Friday (Jun 21).
Singapore remains Asia’s gold standard for integrated resort development. Singapore illustrates what to do – and what to do differently.
Mobile Legends has been a hit within the Southeast Asian region ever since it first launched in late 2016. Now the game is set to make a big splash!
These are the countries where the harshest punishment exist for people who flout the no gambling law.
Higher entrance levies haven’t stopped rich Singaporeans or those just feeling lucky from flocking to the country’s only two casinos.
A total of 5,035 people have been issued a third-party visit limit as at the end of last year
Both leaders said they welcomed potential cooperation in the areas of youth and sports, especially eSports, and were considering the feasibility of eSports development through volunteerism, leadership and exchange programmes.
The gambling industry in Southeast Asia has been on the rise in the past decade. Casinos are mushrooming throughout the region with at least three planned in Vietnam and two in the Philippines. Existing casinos in the region are also seeing steady growth in revenue.
the current tax on premium gambling revenue for the 2 casinos stands at 5%, and now that figure will be increased to 8% from 2022. This applies to the first S$2.4 billion of gross gambling revenue, and then anything over that amount will be subject to a tax rate of 12%. In terms of mass gaming revenue, the existing 15% shall be boosted to 18% on the first S$3.1 billion, while anything above that sum will be taxed at 22%.