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Sanford C Bernstein Limited trio has reportedly forecast a long wait for the city-state’s aggregated annual gross gaming revenues to reach 2019 levels.
The two casinos in Singapore will not see their gaming revenues fully recover until sometime in 2026. That’s according to a new note from gaming analysts at Bernstein.
Marina Bay Sands, one of two casino resorts in Singapore. Gaming analysts believe 2019 casino revenues will not return until 2025 or later. (Image:
Reuters)
Marina Bay Sands and Resorts World Sentosa remain deeply impacted by COVID-19. Singapore continues to impose stringent entry controls into the island city-state. But conditions are improving.
Dr. Hsu Li Yang, an infectious diseases expert at the National University of Singapore’s Saw Swee Hock School of Public Health, says a gradual relaxation of coronavirus restrictions should soon come. He expects that the country’s health officials in the coming weeks will slowly ease protocols, including allowing people to eat inside restaurants. But the doctor says face mask mandates will likely remain for the foreseeable future.