Singapore Gambling Industry Could Surpass Las Vegas

9 October 2013

CasinoWebScripts, our premier gaming company that creates customized solutions for entrepreneurs looking to buy slot games, reports that Singapore is starting to make its mark on the gambling scene with the $5.85 billion generated by its two gambling establishments in 2012. In comparison to Macau, there is little chance for Singapore to reach the top of the worldwide land based gambling list, but in the near future it might even surpass Las Vegas’ 40 glamorous casinos, which altogether collected $6 billion last year. Even so, Singapore is still the country where high rollers prefer to gamble their fortunes, for no less than 90 percent of the gamblers who come to Singapore casinos are VIP players.

Singapore does not only house luxurious casinos, but also a multitude of five-star hotels and secure banks, being considered a location for the world’s magnates. Furthermore, the Singapore lucrative gaming industry has also contributed in terms of jobs and revenue, the two casinos in the country, Marina Bay Sands and Resorts World Sentosa creating around 50,000 jobs. Corporate consultants PwC said that the Asian gaming and betting industry will become more profitable than US land based casinos by 2015, for 43.4 percent of gamblers worldwide will visit Macau, Singapore and other gambling destinations in Asia, while 40.1 will prefer to hit the tables in the US.

9 October 2013

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