A Singapore regulator has granted a shortened two-year casino license extension to Resorts World Sentosa due to “unsatisfactory” tourism performance.
Singapore regulators granted a shortened casino license extension to Resorts World Sentosa for having an "unsatisfactory" tourism performance. RWS operates one of Singapore's two casinos.
Singaporean media conglomerate CNA reported that the fresh two-year term begins on February 6, 2025. Singapore's Gambling Regulatory Authority described RWS' tourism performance in the last couple of years (January 2021 to December 2023) as "unsatisfactory," adding that some areas may need to be improved.
Resorts World Sentosa houses attractions such as the Universal Studios in Singapore, the Adventure Cove Waterpark, and the S.E.A. aquarium along with hotels such as Genting Hotel Jurong and the Hard Rock Hotel. It is developed by Genting Singapore.
In response, Genting Singapore said it was continuing to "accelerate its transformation to refresh and rejuvenate existing offerings."
This comes as RWS broke ground on its expansion project last November 15, 2024. RWS will effectively upgrade Universal Studios Singapore by adding Minion Land, and the rebranding of the S.E.A aquarium into the Singapore Oceanarium–both set for a 2025 opening.
"With its RWS 2.0 expansion plans underway, RWS is dedicated to maintaining its status as the premier lifestyle tourism destination," GWS said, as quoted by Inside Asia Gaming.
Authorities considered the recommendations of an independent evaluation panel and relevant government agencies. The panel deemed RWS's tourism performance unsatisfactory and suggested a two-year license extension with a review scheduled for 2026.
Read related article: Resorts World Sentosa $5 Billion Revamp Set to Open in 2030
.png)
Comments