Four Hotels for Singapore casino

casino singaporeDuring the last week opened, in part, Singapore’s first casino. In addition, Resorts World Sentosa, opened and 1.340 rooms distributed in four different hotels. Among the properties will be a Hard Rock hotel and a hotel designed by renowned architect Michael Graves.

During the next week will be launched also a theme park operated by Universal Studios.

Asian casino operators have set their sights on the market for high rollers betting in Singapore and Macau. One of the advantages that will run gambling establishments in Singapore is the low cost of taxes to be paid.

Casino operators in Singapore will only have to pay 12% of total earnings in taxes. This figure is significantly lower than in the casinos of Macau, whose taxes amount to 60%.

Singapore, known for its ban on selling chewing gum and its high crime rate, strictly controls advertising guidelines that are used to promote the casinos. Since the decision to allow construction of casinos in this nation has generated considerable public debate.

“The services and hospitality industry is something that has yet to be developed in Singapore,” said Irvin Seah, an economist at DBS Bank in Singapore. “In this region, moreover, we have distinct advantages that we can exploit to our advantage.”

Moreover, part of the manufacturing sector is interested in starting to produce video machines for casinos.

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