Will Singapore Truly Outstrip Las Vegas?Published June 15, 2011
Come and play in Asia's gambling kingdom.
It has been reported by leading gambling fundis that Singapore is set to replace Las Vegas as the world's second biggest gambling destination during the latter half of 2011. Las Vegas is currently in second position, behind Macau, in terms of gambling revenues and entertainment popularity.
It is estimated that the massive boom in Asia will give rise to two major hubs - world leaders - and Las Vegas will be relegated to third place. As a matter of interest, Macau boasts an annual turnover that quadruples that of Las Vegas.
Singapore - a power player in the gambling world - reported gaming revenues of $5.1 billion in 2010 (from 2 resort casinos) and that figure is set to increase by over 20% to $6.4 billion this year. While Las Vegas is forecast to take in $6.2 billion, Singapore is clearly in the ascendancy.
Singapore and Macau appear to be Recession Proof
With a burgeoning economy and a rapidly rising Asian middle-class, the potential is unlimited for gaming expansion. This is true even in the face of recessionary pressures. While the Sahara in Vegas closed down, many Asian operations are expanding. Macau is light years away from the competition and expansion on its 5,500 gaming tables will allow that to continue unabated.
Players in Singapore are able to enjoy terrific online gaming options too. The preferred online casinos include Winner Casino, Ladbrokes Casino and GoWild Casino. Top bonuses and promos ensure that players are always benefitting from the prosperity of gaming operators.