The Business Times
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Too early to bet against Singapore amid wave of casino openings in Asia: analysts

Uma Devi

Uma Devi

Published Thu, Jun 15, 2023 · 05:22 PM
    • Prior to the recent developments, Singapore had earned a name for itself as one of the region’s top gambling spots, with two casinos – one at MBS and the other at RWS. 
    • Prior to the recent developments, Singapore had earned a name for itself as one of the region’s top gambling spots, with two casinos – one at MBS and the other at RWS.  PHOTO: BT FILE

    SINGAPORE’S integrated resorts (IRs) could struggle to keep their market share as competition intensifies with the opening of new casinos in the region.

    But industry watchers say that it could be too early to bet against the city-state – at least for now.

    This comes amid a boom in Asia’s casino industry, with Japan and Thailand recently announcing plans to legalise casino gambling and build casinos in an attempt to boost domestic and international tourist spending. 

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