- Reaction score
- 1,678
SINGAPORE: A S$9 billion expansion by Singapore’s two integrated resorts will see Marina Bay Sands (MBS) add a new entertainment arena and hotel tower, while Resorts World Sentosa (RWS) will extend Universal Studios Singapore to include two new attractions - Minion Park and Super Nintendo World.
This additional investment by the integrated resorts is almost two-thirds their initial investment in 2006, which was about S$15 billion.
“Since the expiry of the exclusivity period for the two casino licences in 2017, we have been in intense negotiations with the two IRs to keep their non-gaming offerings fresh while limiting the potential downsides of the gaming components,” said Singapore’s Trade and Industry Minister Chan Chun Sing on Wednesday (Apr 3).
“In exchange for the exclusivity period to be extended to end-2030, Marina Bay Sands and Resorts World Sentosa will invest around $9 billion to expand and refresh their non-gaming components.”
The expansions will create up to 5,000 jobs directly, said the Ministry of Trade and Industry in a joint press release with the Ministry of Finance, Ministry of Home Affairs and Ministry of Social and Family Development.
This additional investment by the integrated resorts is almost two-thirds their initial investment in 2006, which was about S$15 billion.
“Since the expiry of the exclusivity period for the two casino licences in 2017, we have been in intense negotiations with the two IRs to keep their non-gaming offerings fresh while limiting the potential downsides of the gaming components,” said Singapore’s Trade and Industry Minister Chan Chun Sing on Wednesday (Apr 3).
“In exchange for the exclusivity period to be extended to end-2030, Marina Bay Sands and Resorts World Sentosa will invest around $9 billion to expand and refresh their non-gaming components.”
The expansions will create up to 5,000 jobs directly, said the Ministry of Trade and Industry in a joint press release with the Ministry of Finance, Ministry of Home Affairs and Ministry of Social and Family Development.
Universal's Super Nintendo World is coming to Singapore
www.themeparkinsider.com
Last edited by a moderator:
