Las Vegas Sands seeks a $9 billion loan to fund the expansion of its Marina Bay Sands resort in Singapore. This significant financing move aims to enhance the prestigious casino resort's facilities and offerings.

Resorts World Sentosa has received a two-year license extension as it begins its $5 billion expansion project. Meanwhile, analysts suggest that Thailand's emerging casino market could potentially surpass Singapore's gaming industry in size and revenue.

Recent developments in Asia Pacific gaming include:

• The passing of Galaxy Entertainment founder Lui Che-woo at age 95
• Wynn Resorts increasing its buyback plan to $1 billion despite missed Q3 earnings
• Macau casinos recording their best month since January 2020, with $2.6 billion in October wins
• Aristocrat securing UAE's first gaming vendor permit
• Genting Singapore maintaining strong credit rating backed by Resorts World Sentosa

Key market movements and corporate activities:

• Las Vegas Sands raising dividends and announcing $2B stock repurchase
• Crown Resorts selling its Melbourne One Queensbridge development site
• Star Entertainment maintaining Sydney casino operations despite new fines
• Wynn Resorts securing UAE's first casino license
• Thailand opening bidding process for global casino operators

Macau's gaming sector shows signs of recovery with increased casino stocks performance and new regulatory implementations. The region appointed Sam Hou Fai as its first Chief Executive-Elect born in mainland China.

Industry expansion continues with Wynn's UAE casino project, projected to generate $350M in cash flow and benefit from favorable demographics and tax structures. South Korea focuses on increasing non-gaming traffic at its remote casino resort, while Thailand positions itself to become a major player in the Asian gaming market.

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