Singapore is set to become the world’s second largest revenue generating gambling destination, with forecast earnings of $6.4 billion this year — overtaking Las Vegas which is projected to earn $6.2 billion.
Making this projection at a gaming conference in Macau, the American Gaming Association president, Frank Fahrenkopf, said Singapore’s two (yes only 2!) casinos have exceeded expectations and turned the stunning city state into Asia’s second global gaming hub. That is a huge achievement considering both Singapore’s casinos, Resorts World Sentosa and the Marina Bay Sands, have only been in operation for just over a year!
However, the king player in the gaming industry, Macau, will remain the top gabling hub in the world, with its casinos having earned $23.5 billion in revenue last year. Ca-ching, ca-ching!