Fitch paints a picture of resurgence. Singapore’s gaming takings could hit US$1.68 billion in 2022. That stands at half the near‑US$3.36 billion haul recorded before the pandemic. Across the border Malaysia may claw back roughly 65 percent of its 2019 figure of US$2.38 billion.
Drivers of the Uptick
Domestic punters fuel the comeback. Borders ease and movement curbs relax. Vaccination rates climb. Living alongside the coronavirus becomes the new normal. These elements combine to rekindle foot traffic and wagers.
Vaccination Boost and Travel
Malaysia’s health ministry reports over three‑quarters of its citizens fully jabbed. Optimism soars as plans to welcome foreign visitors by January surface. The timing could inject fresh demand into casinos.
Singapore’s Casino Landscape
Only two venues host Las Vegas‑style gaming in the city‑state. Marina Bay Sands and Resorts World Sentosa stand firm. Pre‑pandemic Marina Bay Sands generated about US$2.17 billion. RWS brought in around US$1.18 billion. Together they anchor Singapore’s upscale casino scene.
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