Exploring the Thriving Casino Industry in Singapore: A Comprehensive Overview

In the heart of Southeast Asia, Singapore has emerged as a vibrant hub for the global gaming industry. Known for its modern skyline, diverse culture, and world-class facilities, the city-state has become a preferred destination for gamblers and tourists alike. With a growing number of casinos, Singapore offers a unique blend of entertainment, culinary delights, and luxury shopping experiences. In this article, we will delve into the world of casinos in Singapore, discussing the number of casinos present, their history, and the impact they have on the city's economy.

Number of Casinos in Singapore

As of 2023, there are three operational casinos in Singapore. These casinos are:

1. Marina Bay Sands (MBS)

2. Resorts World Sentosa (RWS)

3. Genting Singapore

1. Marina Bay Sands (MBS)

Marina Bay Sands, often referred to as the "Sands," is a landmark integrated resort in Singapore. It is owned by Las Vegas Sands and opened its doors in April 2010. The resort features three hotel towers, a casino, a convention center, a shopping mall, and a Skypark with a stunning infinity pool that appears to float above the city skyline.

MBS has played a significant role in the growth of the gaming industry in Singapore. The casino within the resort is the largest in the city-state, with 2,500 slot machines and over 600 gaming tables. The casino is designed to cater to high rollers, offering a range of luxury amenities such as private gaming salons, high-stakes tables, and a world-class spa.

2. Resorts World Sentosa (RWS)

Resorts World Sentosa, located on Sentosa Island, is another popular integrated resort in Singapore. The resort was developed by Genting Singapore and opened in January 2010. RWS is known for its diverse range of attractions, including a theme park, a beach, and a cable car ride that offers breathtaking views of the city.

The casino at RWS features over 1,400 slot machines and 300 gaming tables. The resort also houses the Dolphin Island, which is home to a large population of dolphins. Additionally, RWS offers a variety of entertainment options, including live performances, shopping, and dining experiences.

3. Genting Singapore

Genting Singapore is the only locally-listed casino operator in Singapore. The company manages Genting Skyway, a cable car ride that connects the resort to the mainland, and Resorts World Sentosa, which we have already discussed. Genting Singapore also has a presence in Malaysia, where it operates a number of resorts and casinos.

The casino at Resorts World Sentosa is the main venue for Genting Singapore's operations in Singapore. The casino features a mix of slot machines and gaming tables, and it is designed to cater to both locals and tourists.

History of Casinos in Singapore

The history of casinos in Singapore is relatively short, with the first casino, Resorts World Sentosa, opening in 2010. Prior to this, Singapore had a ban on casinos, which was lifted in 2005. The government allowed two casinos to be developed as part of a broader effort to diversify the economy and boost tourism.

The lifting of the ban was met with mixed reactions from the public. Some argued that the presence of casinos would lead to an increase in gambling addiction and crime, while others believed that the casinos would boost the economy and create job opportunities. Despite the concerns, the government approved the development of two integrated resorts, Marina Bay Sands and Resorts World Sentosa.

Impact on the Economy

The introduction of casinos in Singapore has had a significant impact on the city's economy. According to a report by the Singapore Tourism Board, the gaming industry contributed approximately S$6.6 billion to the economy in 2019. The casinos have also created thousands of jobs in the hospitality, gaming, and entertainment sectors.

Moreover, the integrated resorts have attracted tourists from around the world, contributing to the growth of the tourism industry. The casinos have become a major draw for visitors, with many tourists visiting Singapore specifically to experience the city's vibrant gaming scene.

Frequently Asked Questions

1. What is the legal age for gambling in Singapore?

Answer: The legal age for gambling in Singapore is 21 years old.

2. Can locals enter the casinos?

Answer: Yes, locals can enter the casinos. However, they are required to pay an entry fee of S$20 per person per day.

3. Are there any restrictions on gambling in Singapore?

Answer: Yes, there are restrictions on gambling in Singapore. The government has implemented measures to prevent gambling addiction, such as the requirement for gamblers to pay an entry fee and the implementation of a "Responsible Gaming" policy.

4. How has the gaming industry in Singapore affected the local community?

Answer: The gaming industry in Singapore has had mixed effects on the local community. While it has created job opportunities and contributed to the economy, it has also raised concerns about gambling addiction and increased crime rates.

5. Can I use credit cards to gamble in Singapore?

Answer: Yes, you can use credit cards to gamble in Singapore. However, it is important to note that using credit cards to gamble can lead to overspending and debt problems. It is advisable to use credit cards responsibly and to avoid gambling with money you cannot afford to lose.

In conclusion, the casino industry in Singapore has become a significant part of the city's economy and tourism sector. With three operational casinos, Singapore has emerged as a preferred destination for gamblers and tourists from around the world. As the gaming industry continues to evolve, it is crucial for the government and operators to address concerns related to gambling addiction and crime, while ensuring that the casinos continue to contribute positively to the city's economic growth and reputation as a world-class destination.