“I don’t mind the $100 fee because I just go in and win it back,” says 24-year old Singaporean civil servant who frequents the casino once or twice a week. The blazing performance of the Marina Bay Sands and Resorts World Sentosa is also in large part due to the patronage of local Singaporeans, who made up about 60 percent of the casino customers last year, despite a S$100 ($79) entrance fee imposed by the government to act as a deterrent.

Gaming analyst Jonathan Galaviz of Galaviz & Company believes that Singapore’s reputation as a safe and corruption-free global city has been key in boosting its competitive advantage in Asia’s casino industry.

Resorts World Genting saw a notable fall in foreign visitors last year, causing its net profit to decline by 3.6 percent in 2010. While the success of Resorts World Sentosa has been positive for Malaysian-based parent company Genting Group, it has stolen the limelight from the corporation’s own Resorts World Genting, located outside Kuala Lumpur, which was one of the first casinos to open in the Southeast Asian market. The family focused casino-resort generated revenue of $623 million in the fourth quarter, over 80 percent came from gaming alone. Its rival, Resorts World Sentosa, has seen measurable success welcoming 15 million visitors last year. The success of the casino tycoon Sheldon Adelson’s Singapore venture has helped put Las Vegas Sands back on track after a bankruptcy scare three years ago. Leven, President and COO of parent company Las Vegas Sands. “Our recent financial results show that Marina Bay Sands is on track on all fronts, even surpassing our original expectations,” commented Mr. Marina Bay Sands reported net revenue of $560 million in the three months to December, $457 million of this amount was generated by the casino alone. The 2,561-room luxury hotel Marina Bay Sands, which has a 200-meter-tall, boat-shaped SkyPark and a lavish casino equipped with 500 gaming tables, attracted more than 11 million visitors over the past year - 885,000 guests walked through its doors over just four days of the Chinese New Year holiday in February. Personal Loans for 670 Credit Score or Lower

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Marina bay sands casino entrance fee