Recent earnings from the city state's two casino operators Las Vegas Sands, which runs the Marina Bay resort, and Genting Singapore, a subsidiary of Malaysian conglomerate Genting Group, which operates Resorts World Sentosa, paint a different picture - one of slowing business in the once super-hot gaming center.Īs Asia's second largest gaming hub, Singapore has challenged the Las Vegas strip for the title of the world's second biggest gaming center, when revenues hit $5.9 billion in 2011, compared to $6.1 billion for its American counterpart, according to Citigroup.īut now, analysts tell CNBC that Singapore's casinos will see "moderate" growth in 2013 on increasing government regulation against locals visiting casinos, and the slowing numbers of foreign visitors as the novelty effect of the two properties begins to wear off. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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