$5.5 Billions Marina Bay Sands Casino opened in Singapore
Posted on April 29, 2010 by John Trevors for Luckyroom.com
A truly fantastic casino hotel opened on Tuesday in Singapore in the heart of its financial district offering great services and innumerous facilities. The three 55-story towers offer a large sky park where you can have a clear view of the surrounding area – a real breath taking spectacle.
The casino hotel was designed and provides luxury hotel facilities and shopping malls in addition to the glamorous restaurants and café’s. Furthermore, the Marina Bay Sands Casino offers high tech exhibition and convention facilities. Without any doubt its ideal location will attract many business groups and international meetings. The casino is already seeing a great success with many thousand of visitors on a daily basis.
The Marina Bay Sands Casino is the world’s second costlier casino after MGM Mirage’s in Las Vegas and the estimated annual profits will exceed the $1 billion according to Reuters. The shareholders are delighted by the high traffic and they estimate that will see a total return of their investment within 5 years – if not sooner. This indicates a well designed and healthy approach of the project which without any doubt will attract more people and give high value to the surrounding areas.
The casino offers over 200 shuttle buses which transfer the people who would like to visit the casino hotel from all around Singapore, neighboring cities and nations directly to the casino doorsteps.
This is an excellent example as how high quality casino facilities can help the economy of a state. Since 2005 – the year that gaming banning lifted – Singapore invested in casino resorts, employing locals of all levels of education forcing unemployment almost to zero point.
The proper advertising and approach of the project indicate a huge 24% increase in tourist arrivals on a yearly basis. That means that the number of tourists that visited Singapore in 2009 was doubled against the 2004 visits. Other countries such as Japan which are seeking ways to attract more tourists, are seriously considering passing a law frame where establishments like the above mentioned casino can be contracted.
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