Singapore Casinos

Singapore Casinos

This website features information on the new casinos being built in Singapore. These Singapore casino are set to be fully constructed in 2010. Singapore is an island nation near the equator in South East Asia.

As part of the Singapore Integrated Resorts scheme, the government of Singapore has issued two casino licenses. On 26 May 2006, a casino license was awarded to Las Vegas Sands Inc. to build and run Singapore's first casino which is expected to cost US$3 billion and set to open sometime in 2009. They will be responsible for the Marina Bay Integrated Resort project.

The second license for the casino (Sentosa casino resort) projects has been awared to Genting International. This integrated resort will feature over 100,000 sq metres and able to house up to 52,000 people. A Universal theme park will be the main attraction here, along with hotel guest rooms, retail space, attractions and of course, a casino.

Singapore has put in much planning, and public debates as to the pros and cons of legalizing gambling and casinos. There were many oponents with regards to possible social ills and stigmas, but overall, these intergrated resorts (IR) is considered an important component of the government's long term strategy to increase the tourism and services sector.


Singapore's Casinos Made a Mistake: Cutting Out the Junkets
Singapore wanted nothing to do with the often questionable gaming middlemen who proliferate in Macau. The gambling houses in Macau get around China?s currency controls by relying on so-called junket operators to extend credit to mainland high rollers, a business model that has been linked to organized crime groups known as triads, says Steve Vickers, chief executive officer at risk consultant ...

Tumbling ringgit raises stakes for budget gamblers in Singapore
The Malaysian ringgit's fall to 17-year lows against the Singapore dollar will limit the city state's mass-market gaming revenues even after the opening of Genting Singapore's new hotel close to Malaysia's border, analysts said. Like its rival Las Vegas Sands' Marina Bay Sands, Genting is trying to improve its appeal to mass-market players as it battles a slowdown in its high-roller business ...

Lee Kuan Yew District Stronghold in Singapore Faces First Contest in 27 Years
Lee Kuan Yew?s parliamentary seat, which takes in part of Singapore?s financial district and Orchard Road shopping belt, is set to be contested for the first time in 27 years following his death. Opposition groups such as the Reform Party and Singapore Democratic Party plan to run in the next national election in the five-seat district called Tanjong Pagar. The area stretches across south ...

Singapore announces new campaign to draw foreign visitors
SINGAPORE -- The tourism industry in Singapore will get another shot in the arm from the government, with a new campaign to sell the city-state as an attractive and affordable destination, the country's tourist board announced Tuesday. The move follows a 3 per cent drop in last year's international visitor arrivals. The Singapore Tourism Board will work with airlines, hotels, retailers and ...

Singapore Extends Viewing for Lee With Mile-Long Line
Roads have been closed and people may have to wait for as long as eight hours to reach Parliament House, where Lee?s body will lie in state for four days. The afternoon temperature rose to 91 degrees Fahrenheit (33 degrees Celsius), according to the Weather Channel.



 


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