SINGAPORE CASINO REVENUES RESORTS WORLD SENTOSA RWS 2020
Total revenue Gaming
non-gaming Other
EBITDA Net Profit 2020
MARINA BAY SANDS Total revenue Non-gaming
Gaming Other
EBITDA
Rolling chip volume Non-rolling chip drop Slot handle
S$1.06bn
S$700.8m S$284.5m S$78.3
S$427m S$69.2m
MBS 2020 US$1.2BN
US$872m US$345m US$44m
US$383m US$9.4bn
US$2.1bn US$8.9bn
RWS 2019 S$2.48bn
S$1.61bn S$832.3m S$816.4m
S$1.19bn S$688.6m MBS 2019 US$3.1bn
US$2.16bn US$830m US$104m
US$1.66bn US$29.5bn
US$5.1bn US$14.1bn
RWS Q1 2021 RWS Q1 2020 S$277.9m
S$216.8m S$60.6m S$365m
S$118.1m S$34.5m
MBS Q1 2021 US$426m
US$303m US$112 US$11m
US$144m US$1.1bn
US$674m US$3.74bn
at the MHA, said: “Te GRA will be established later this year. Te GRA will consolidate and optimise gambling regulatory resources within a single agency. Tis will allow GRA to stay abreast of technological and global trends more effectively, respond faster to emerging products and take a more holistic approach to gambling policies and issues.
“Te Ministry of Home Affairs intends to update the laws and regulations governing gambling to ensure that they remain effective in the face of evolving gambling products and business models. We will be conducting a public
S$406.9m S$267.8m S$138.4m S$629m
S$145m S$46.6m
MBS Q1 2020 US$612m
US$439m US$157m US$16m
US$282m US$6.6bn
US$1.07bn US$2.87bn
generally prohibitive stance towards gambling and continue to maintain a risk based regulatory approach towards existing gambling operators.”
Te main aim is to continue to keep any gambling problems as low as possible and allow authorities to keep pace with gambling trends and take a more holistic approach to policies and issues.
Te resources will be pooled under one roof enabling the regulators to have a better handle over gambling services and the players to keep a closer eye on the activities.
“It is also possible that we may see a consolidation of the various gambling legislations in order to streamline the gambling regulatory
landscape in Singapore. We may also see stricter anti-money laundering and terrorism financing regulations being put in place in relation to gambling operations.”
Wai Ming Yap, partner at Morgan, Lewis & Bockius
consultation on our proposed legislative amendments over the coming months.”
Te MHA wants to ensure that its regulatory mechanisms can effectively address evolving gambling products and business models.
Shiying added: “For example we will study the need to regulate products such as ‘mystery boxes’. We will also review the penalties for offences to ensure consistency across remote and terrestrial gambling.
“Even as we update our laws, MHA will retain a
Te GRA will also continue to work with other agencies such as the Ministry of Social and Family Development and National Council on Problem Gambling.
Tan Tee How, Chairman of the Casino Regulatory Authority, said last year: “CRA is well placed to take on the greater responsibilities as we embark on this transformational journey. Since the CRA establishment in 2008 CRA has rapidly built up the requisite knowledge and sharpened our regulatory acumen and operational capabilities to establish a strong casino regulatory regime.
WIRE / PULSE / INSIGHT / REPORTS P59
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