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.


Earnings Preview: Asia will headline Sands' 4Q
Thanks to continuing growth in gambling in Macau and Singapore, casino operator Las Vegas Sands Corp. is expected to show rising net income and revenue when it reports its fourth-quarter results after the market closes on Wednesday.

Singapore Stocks-Rise at midday but SIA underperforms
* Index up 0.6 pct, helped by gains in OCBC, Genting * Singapore Airlines fall after poor Q3 earnings SINGAPORE, Feb 3 (Reuters) - Singapore shares rose bymidday Friday, outperforming other Asian bourses, as gains inblue chips such as Oversea-Chinese Banking Corp Ltd and casino operator Genting Singapore PLC helped tolift the benchmark index. Traders said the Straits Times Index (STI) wasplaying ...

Singapore counts winnings as casinos boost tourism
Singapore's massive bet on two casino resorts is already paying off after the number of arrivals in a single month crossed the 1-million mark for the first time in July, analysts said.

Florida Lawmakers End Casino Push
MIAMI - Lawmakers ended an effort to build three Las Vegas-style hotel-casinos in the southern part of state Friday, dashing the hopes of major Nevada gaming companies that saw Florida as a potentially lucrative casino market. A Florida legislator withdrew

Singapore gives Vegas a run for the money
Although it has just two resort-casinos, the island-nation of Singapore is on pace to generate more gaming revenue than all of Las Vegas.



 


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