Singapore Sees $6B In Gambling Revenue In 2013Country Still Trails Las Vegas Strip For Casino Win |
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Singapore’s two casinos brought in a combined $6.077 billion in gaming revenue last year, according to reports. That marked a 3.8-percent increase from 2012.
The $6 billion still puts Singapore behind the Las Vegas Strip, which saw gaming revenue of around $6.5 billion last year. Nevada as whole had more than $11 billion.
Gaming revenue refers to the amount of money won from gambling customers.
Singapore’s two casinos are The Marina Bay Sands and Resorts World Sentosa. Casinos first came to Singapore in 2010 — and it looks like two will be the limit indefinitely.
Macau, the world’s top gambling market, saw gaming revenue of $45.2 billion last year. It has more than 30 brick-and-mortar casino properties, and more are in the pipeline.
The owner of Singapore’s two casinos are Las Vegas Sands and Genting Group.
Singapore looks to be a lock for the no. 3 spot in the world for casino gambling, at least until Japan opens its doors for the business. That could happen very soon.
Casinos in Asia are known for depending more on high-stakes table game action for their revenues, while Nevada casinos reported 60 percent of gaming revenue from slots.
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