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Singapore's casinos entry fees hit record high in FY 2022-2023

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.

Published November 12, 2023 by GamblingTalk
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