• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Gamblers help Singapore’s 1Q tourism receipts stay steady

Aug 29, 2018 Newsdesk Latest News, Singapore, Top of the deck  


Gamblers help Singapore’s 1Q tourism receipts stay steady

Spending on gaming, entertainment and sightseeing in Singapore rose to almost SGD1.5 billion (about US$1.1 billion) in the first quarter of this year, about 6 percent more than a year earlier. For the first quarter, Singapore reported total tourism receipts of SGD6.7 billion, a 0.5-percent decrease compared to the same time last year.

The official data published by the Singapore Tourism Board on Tuesday showed that increased receipts from spending on gaming, entertainment and sightseeing made up for reduced spending on shopping, accommodation, eating and drinking in the three months to March 31.

The Singapore Tourism Board figures indicated that revenues from sightseeing, entertainment and gaming contributed 22 percent to the total, making it the equal second most important component of tourism spending for the first quarter. Shopping also contributed 22 percent to first-quarter tourism receipts.

The city-sate’s tourism body does not offer a detailed breakdown of services covered in each spending category, but the heading of “gaming, entertainment and sightseeing” includes spending on day tours, entrance fees for attractions and nightspots, and entertainment at the city’s casino resorts.

Singapore is host to two casino resorts: Resorts World Sentosa, operated by Genting Singapore Ltd; and a Las Vegas Sands Corp unit, Marina Bay Sands.

About 4.6 million people visited the Southeast Asian nation in the first quarter, 7.3 percent more than a year earlier. About 933,000 of the visitors were Chinese, 10 percent more than a year earlier; about 747,000 were Indonesians, 4 percent more; and about 295,000 were Indians, 22 percent more.

For the first six months of this year, Singapore welcomed nearly 9.2 million tourists. That represented an increase of 7.6 percent for H1 compared to the same period last year.

Travellers from Greater China accounted for about 24 percent of the total. There were about 2.2 million arrivals from Greater China, an increase of 10 percent in year-on-year terms. Most Greater China tourists – about 1.7 million – were from mainland China, which is a year-on-year increase of 11.4 percent.

Last year, Singapore saw a 6.2-percent increase in tourist volume. The country’s 17.4 million tourist arrivals for 2017 set a record and included about 3.23 million visits from Chinese travellers.


  • tweet
Related articles
  • Londoner Macao hybrid event space for MICE comeback
    Londoner Macao hybrid event space for...

    Jun 17, 2022  

  • Fitch expects Macau 2022 GGR at 27pct of pre-Covid level
    Fitch expects Macau 2022 GGR at 27pct...

    Jun 17, 2022  

More news
  • Moody’s revises SJM Holdings’ outlook to negative
    Moody’s revises SJM Holdings’...

    Jun 27, 2022  

  • Pagcor says 35pct of revenue owed from POGOs ‘resolved’
    Pagcor says 35pct of revenue owed from...

    Jun 27, 2022  


Latest News

Moody’s revises SJM Holdings’ outlook to negative

Moody’s revises SJM Holdings’ outlook to negative

Jun 27, 2022  

Moody’s Investors Service has confirmed Macau casino operator SJM Holdings Ltd’s ‘Ba3’ corporate family rating and the ‘B1’ rating on the backed senior unsecured bonds issued by...
Read More
Pagcor says 35pct of revenue owed from POGOs ‘resolved’

Pagcor says 35pct of revenue owed from POGOs ‘resolved’

Jun 27, 2022  

MGM China gets deal for use of MGM brands renewed

MGM China gets deal for use of MGM brands renewed

Jun 27, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


357

The aggregate number – as of end of Sunday – of confirmed infections in Macau linked to the most serious Covid-19 outbreak impacting the city since the start of the pandemic in 2020



Most Popular

  • SJM to make 2nd of pledged staff subsidy payments for 2022SJM to make 2nd of pledged staff subsidy payments for 2022 June 27, 2022
  • Maybe new Macau mass Covid test, community spread stillMaybe new Macau mass Covid test, community spread still June 24, 2022
  • Parisian quarantine hotel as Macau Covid cases near 360Parisian quarantine hotel as Macau Covid cases near 360 June 27, 2022
  • Covid-19 test certificate to enter Macau casinosCovid-19 test certificate to enter Macau casinos June 27, 2022
  • Blackstone clinches US$6.15bln takeover of Crown ResortsBlackstone clinches US$6.15bln takeover of Crown Resorts June 24, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us