Close  

Singapore casino resort to get $3.3 billion expansion

/ 06:27 PM April 04, 2019
A view of Marina Bay Sands resorts and hotels in Singapore is seen on April 4, 2019. AFP

AFP FILE PHOTO

SINGAPORE — A major casino resort on Singapore’s waterfront is to get a $3.3 billion expansion, including a new tower featuring luxury rooms and a 15,000-seat arena, its owner said.

Marina Bay Sands, with its three towers and boat-shaped top level, is one of the best-known buildings in the city-state and a major tourist attraction.

ADVERTISEMENT

READ: Top 10 Tourist Destinations In The World For 2019

Since opening in 2010, the resort has attracted over 330 million visitors, and is part of a strategy by the government to draw more tourists to the city.

FEATURED STORIES

Owner Las Vegas Sands, which also operates casinos in the US and Macau, said Wednesday it had struck an agreement with the Singapore government for the Sg$4.5 billion ($3.3 billion) expansion.

The new hotel tower will feature around 1,000 rooms, all suites, as well as a rooftop swimming pool and restaurant. It will also feature ballrooms and exhibition halls.

The new arena is aimed at attracting top performers from around the world.

“New luxury hotel accommodations and a world-class entertainment venue are exactly the catalysts we need to drive additional visitation to Singapore,” said Rob Goldstein, the company’s president and chief operating officer.

Las Vegas Sands gave no timeline for the project.

Singapore’s second casino operator, Resorts World Sentosa, will also invest Sg$4.5 billion in a major overhaul. This will include adding extra attractions at the Universal Studios theme park and an expansion to an aquarium.

The government said it had also agreed to allow both resorts to slightly expand their casino space.

ADVERTISEMENT

In a bid to keep the focus on attracting foreign visitors, authorities said the casino entry fee for Singaporeans and permanent residents would be raised by 50 percent to Sg$150. Entry is free for tourists.

The expansion will create up to 5,000 new jobs in the country of 5.6 million, the government said. Singapore attracted a record 18.5 million visitors in 2018.

Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, casino, Singapore
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.