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Legislation

Singapore regulator renews Marina Bay Sands casino license for three years

Thursday 17 de April 2025 / 12:00

IAG

2 minutos de lectura

(Singapore).- Singapore’s Gambling Regulatory Authority (GRA) has renewed the casino license of Marina Bay Sands Pte Ltd for a term of three years.

Singapore regulator renews Marina Bay Sands casino license for three years

In a short announcement on its website, the GRA said the MBS license was renewed under Section 49 of the Casino Control Act 2006 after assessing that the company had fulfilled the requirements set out in Section 45 of the Act. The new three-year term starts from 26 April 2025.

MBS’s local competitor, Resorts World Sentosa, was last year granted a shorter two-year license renewal, with the GRA explaining at the time that it deemed RWS’s tourism performance in the period from 1 January 2021 to 31 December 2023 as “unsatisfactory” as per Section 45. This, it said, related to the ability of RWS to develop, maintain and promote its integrated resort as a compelling tourist destination that meets prevailing market demand and industry standards.

RWS responded by claiming it had faced “very significant challenges during this evaluation period which coincided with the global pandemic. RWS continues to accelerate its transformation to refresh and rejuvenate existing offerings to deepen its destination appeal and visitor experiences. With its RWS 2.0 expansion plans underway, RWS is dedicated to maintaining its status as the premier lifestyle tourism destination.”

MBS, meanwhile, will soon break ground on its own US$8 billion expansion project that will include construction of a fourth hotel tower at its iconic Singapore resort.

This fourth tower will boast its own casino amenities, including a main casino area in the podium plus “sky gaming” in the new tower, as well as 570 luxury suites, a 15,000-seat arena, 110,000 square feet of MICE space, its own SkyPark and high-end F&B.

Construction is slated to begin by June this year with an estimated opening date of 1 January 2031.

Categoría:Legislation

Tags: Sin tags

País: Singapore

Región: Asia

Event

GAT EXPO CARTAGENA 2025

28 de April 2025

Colombian Olympic Committee, GAT Expo, and Colombian Official Esports Announce Historic Partnership to Promote Esports as an Olympic Discipline in Colombia

(Cartagena) - The Colombian Olympic Committee (COC) and GAT Esports have sealed a strategic partnership to promote esports as part of the country's professional sports ecosystem. The announcement was made at a formal ceremony held at the gaming industry products and services exhibition hall, attended by Marco Emilio Hincapié, President of Coljuegos, COC executives, José Aníbal Aguirre, CEO of GAT Esports, media, and special guests.

Wednesday 30 Apr 2025 / 12:00

GAT Expo 2025: Novelties, technology, innovation, and high-level networking in the magical city of Cartagena

(Cartagena, SoloAzar Exclusive).- Today concludes GAT Expo Cartagena 2025, which has taken place this week with the presence of 23 countries and more than 70 international brands in the historic city of Cartagena de Indias, with its cobblestone streets, flower-filled balconies, and centuries-old walls.

Wednesday 30 Apr 2025 / 12:00

Successful Start to GAT Expo Cartagena 2025, Which Continues with Two Days of Gaming Sector Exhibitions

(Cartagena, SoloAzar Exclusive).- Perfect attendance and strong performance were the highlights yesterday at the GAT Academy conference series at the start of GAT EXPO Cartagena, which continues today and tomorrow with the exhibition of products and services from important companies in the gaming sector, both traditional and online.

Tuesday 29 Apr 2025 / 12:00

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