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Search Result for “las vegas”

Showing 1 - 10 of 85

BUSINESS

Securities and Exchange Commission toughens stance on margin loans

Business, Nuntawun Polkuamdee, Published on 24/10/2025

» The Securities and Exchange Commission (SEC) has introduced new regulations to mitigate systemic risks in margin loan activities, prohibiting securities companies and derivatives business operators from providing loans secured by securities for non-investment purposes.

BUSINESS

Las Vegas Sands bets on Asia’s young rich

Bloomberg News, Published on 15/07/2025

» Las Vegas Sands Corp is targeting Southeast Asia’s young and wealthy as it kicks off an ambitious US$8-billion expansion of its luxury resort in Singapore that is core to the casino operator’s future growth plans.

BUSINESS

Thailand to withdraw casino bill as ruling bloc hit by crisis

Bloomberg and Reuters, Published on 07/07/2025

» The government will withdraw a controversial bill to legalise casinos from parliament following mounting public opposition and a fresh bout of political turmoil that has reduced the ruling coalition’s majority. 

BUSINESS

MGM Resorts urges 'competitive' casino tax

Business, Molpasorn Shoowong, Published on 21/05/2025

» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.

BUSINESS

Work starts on long-delayed $9bn casino in Japan

Bloomberg News, Published on 24/04/2025

» A quarter-century after gambling resorts were first proposed in Japan, officials have finally broken ground on construction of what could become Asia’s highest-grossing casino.

BUSINESS

Thailand to delay debate on casino bill as opposition mounts

Bloomberg, Published on 08/04/2025

» Thailand will delay a parliamentary debate on a bill seeking to legalise casinos as opposition mounts against the controversial proposal touted by the government as a way to attract investment and bolster tourism.

BUSINESS

Sleepy economy no threat to Thai casinos

Business, Wichit Chantanusornsiri, Published on 31/03/2025

» The global economic slowdown is unlikely to affect investment in the much-touted entertainment complex project because it is a long-term investment, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Songkran music festival set to attract 100,000 Thais

Business, Published on 12/03/2025

» One Asia Ventures, a global leader in music festivals and live events, is investing 250 million baht to host the Siam Songkran Music Festival 2025 for the fourth consecutive year.

BUSINESS

Thailand’s big casino gamble hangs on fine print

Reuters, Published on 12/02/2025

» Thailand is setting its sights on becoming a global gaming hub, with plans to build a casino industry that generates billions in revenue, draws some of the biggest names in the business and benefits a thriving tourism sector.

BUSINESS

Hitting the jackpot?

Business, Post Reporters, Published on 20/01/2025

» At the cabinet meeting last week, the government pressed ahead with a major initiative to stimulate the economy by approving the legalisation of casinos under the cloak of an "entertainment complex".