Singapore's casinos entry fees hit record high in FY 2022-2023
Image source: unsplash.com, Swapnil Bapat
In the financial year ending March 31, 2022-2023, Singapore casinos collected S$147.31 million ($108.3 million) in entry fees. This was reported in the report of the gaming regulator, published recently.
The previous record of S$130.9 million was achieved in 2017-18.
In the past financial year, the fee for 24-hour access to the casino increased from S$100 to S$150 million. The cost of an annual element has increased from S$2,000 to S$3,000.
Currently operating in Singapore are the Marina Bay Sands casino resorts, operated by a division of Las Vegas Sands Corp; and Resorts World Sentosa, operated by Genting Singapore Ltd. Entrance fees to a gambling establishment are required to be paid by citizens of the country and persons permanently residing in Singapore.
Share
-
Guinea appoints Board of Directors for g...In Guinea on May 15, 2024, General Mamad...May 19, 2024
-
Kenya Senate postpones voting on Gamblin...The proceedings of the Kenyan Senate, he...May 18, 2024
-
Play’n GO announces partnership with Can...Play’n GO, the world’s leading casino en...May 17, 2024