SgLinks.com

08 Mar '11, 3pm

Singapore's gaming revenue may rise 25% this year: experts

SINGAPORE : In the next two years, gaming revenues from Singapore's two casinos may exceed those from the Las Vegas strip. But experts said that Singapore's gaming industry will see competition from regional players. The burgeoning Asian middle-class is ringing in growth for the casino industry in Asia. Some experts are forecasting Singapore's gaming revenue to increase 25 per cent this year, faster than 20 per cent growth expected for Macau. And while analysts are expecting slower growth from the casinos in the US, it seems the chips are in for Asia; following the opening up of the casino industry in Singapore, it seems all eyes are on markets such as Vietnam, Japan and Taiwan. Irvin Seah, economist and vice president at DBS Group Research, said: "For Singapore's case, we are considered a new kid on the block, but...I think going forward, we may see competition from regio...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

Comments

  1. 09 Mar '11, 1am

    Singapore: Gambling Hub

    • See on: Facebook Twitter

Tweets

Singapore insurance premiums may rise - Yahoo! ...

sg.finance.yahoo.com 17 Mar '11, 7am

Topics: Economy Government and Policy International Elena Torrijos , On Thursday 17 March 2011, 15:14 SGT Singaporeans may...

The Singapore women's table tennis team have been named The Straits Times' Athlete Of The Year

The Singapore women's table tennis team have be...

straitstimes.com 08 Mar '11, 7am

National women's table tennis team (from left) Yu Mengyu, Li Jiawei, Sun Beibei, Feng Tianwei and Wang Yuegu. -- ST PHOTO:...

The US Nuclear Regulatory Commission has sent 2...

straitstimes.com 13 Mar '11, 12am

WASHINGTON - THE US Nuclear Regulatory Commission said on Saturday it has sent two experts to Japan, where authorities wer...

Serangoon Public Library to have gaming area

channelnewsasia.com 06 Mar '11, 2pm

SINGAPORE : A new library at Serangoon is making reading come alive, by having a gaming area to complement its books. The ...

New public library in Serangoon to focus on edu...

todayonline.com 11 Mar '11, 10pm

SINGAPORE - Residents in the Serangoon area have not only a new library to patronise, but also the first public library he...

Galaxy Macau to open in mid-May

Galaxy Macau to open in mid-May

channelnewsasia.com 10 Mar '11, 1pm

HONG KONG : Galaxy Entertainment Group, controlled by tycoon Lui Che Woo, is betting large with the family's biggest ventu...

S'poreans fear inflation may rise further: SINGAPORE : As the inflation rate hits a new high, Singaporeans are s...

S'poreans fear inflation may rise further: SING...

channelnewsasia.com 23 Feb '11, 1pm

SINGAPORE : As the inflation rate hits a new high, Singaporeans are scrambling to manage costs because they fear things co...

US experts fear 'Chernobyl-like' crisis for Japan - Channel NewsAsia via @AddThis

US experts fear 'Chernobyl-like' crisis for Jap...

channelnewsasia.com 12 Mar '11, 11pm

WASHINGTON - US nuclear experts warned Saturday that pumping sea water to cool a quake-hit Japanese nuclear reactor was an...

S'pore gaming sector set to grow

S'pore gaming sector set to grow

channelnewsasia.com 23 Feb '11, 3pm

SINGAPORE: The potential licensing of junket operators this year could give a big boost to Singapore's gaming sector. This...

US jobless claims rise: WASHINGTON: New claims for US unemployment benefits rose more than expected last week, a...

US jobless claims rise: WASHINGTON: New claims ...

channelnewsasia.com 10 Mar '11, 4pm

WASHINGTON: New claims for US unemployment benefits rose more than expected last week, according to official figures relea...