Singapore – one of the most attractive gaming market

According to sources, Singaore is expecting to earn S$ 9 billion in 2012 from casinos. From the official sources,Citi Group,the money that will be earned from casinos at Marine Bay Sands (MBS) and Resorts World Sentosa (RWS) would be around $6.9 billion in 2012 which is 13 percent more as compared to 2011.

It has been said that gaming revenue this year would leave behind the expected amount for Las Vegas.Both MBS and RWS earn a lot from casinos games. Las Vegas gaming revenue is expected to be US $ 6.2 billion.

The leader among all these is Macau which is expected to earn US $ 40 billion through gaming.

Also tourists staying in the hotels at MBS marked 98.1 percent in 2011 and the room charges have hiked 11 percent in quarter 3 as compared to previous quarters.

VIP segment has dropped to 44 percent from 44 percent in quarter 3. The net revenue for RWS is S$802 million.It is expected that Genting Singapore owned RWS will earn more in 2012 as compared to its earnings in 2011.

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