• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 8 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

10 years ago: Many happy returns

Ben Blaschke by Ben Blaschke
Tue 9 Feb 2021 at 16:00
10 years ago: Many happy returns
14
SHARES
348
VIEWS
Print Friendly, PDF & Email

In this new regular feature in IAG to celebrate 16 years covering the Asian gaming and leisure industry, we look back at our cover story from exactly 10 years ago, titled “Many happy returns,” to rediscover what was making the news in February 2011!

February 2011 marked the one-year anniversary of the opening of Singapore’s first integrated resort, Resorts World Sentosa, and Inside Asian Gaming marked the occasion by featuring the already hugely successful operation on the cover of its February 2011 edition.

While still very early on in the Singapore growth story that RWS and its cross-city rival Marina Bay Sands helped inspire, the early numbers at that time were already hugely encouraging. As reported by IAG at the time, the first calendar year of operations for the two IRs (MBS opened in April 2010) saw Singapore’s tourist numbers grow 20% in 2010 to a record 11.6 million visitors – reversing declines in the previous two years – including an all-time monthly record at the time of 1.13 million arrivals in December 2010.

Accordingly, RWS itself welcomed 15 million visitors in its first year with occupancy of around 70% at its original four hotels. There were also two million visitors to the theme park despite some rides not yet being operational.

Ten years on and RWS attracts around 18 million visitors per year (as of 2019) while Singapore itself attracted 19.1 million foreign visitors in 2019 before COVID-19 decimated travel in 2020.

One interesting stat from those days that has reversed, however, is market share. RWS took 51.9% of Singapore’s casino market share in the fourth quarter of 2010, rising to 55.8% in 1Q11, with IAG quoting analysts at the time who suggested, “While we think Marina Bay Sands is undoubtedly a far more spectacular property, we believe the US operator has shown itself to be a relatively underwhelming competitor so far … we think Genting may have a more appealing casino product to Asian gamblers.”

Those predictions proved well off the mark: MBS has long since assumed the role of dominant player in Singapore with around 64% of market share in 2019.

Marina Bay Sands held around 64% of market share by the end of 2019.

RelatedPosts

10 Years Ago: Rearing for a comeback

Resorts World Sentosa upgrade disruption sees 2Q25 gaming revenues fall 8% sequentially to US$313 million

Thu 7 Aug 2025 at 19:07
We’re Back!

Executive reshuffle sees RWS CEO Lee Shi Ruh named President and COO of parent company Genting Singapore

Sat 2 Aug 2025 at 15:26
Editorial – Better late than never

Editorial – Better late than never

Thu 31 Jul 2025 at 07:13
Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

Thu 31 Jul 2025 at 07:08
Load More
Tags: Current IssueRWSSingapore
Share6Share1
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside Asian Gaming to discuss the company’s evolution into a true industry titan during his 30-year tenure. He recounts how Angel...

Macau’s IP Economy

Macau’s IP Economy

by Pierce Chan
Thu 31 Jul 2025 at 02:01

As Generation Z – those born between 1995 and 2010 – gradually becomes the main force in consumption, the IP economy has risen rapidly in mainland China. The Macau government is also seizing on this trend, introducing a series of...

Keeping it local

Keeping it local

by Newsdesk
Thu 31 Jul 2025 at 01:48

Melco’s House of Dancing Water provides the company a unique opportunity to help develop and nurture local talent while enabling that talent to learn from the world’s best. Melco Resorts & Entertainment’s reimagined House of Dancing Water debuted at City...

7 Deadly Sins

7 Deadly Sins

by Newsdesk
Thu 31 Jul 2025 at 00:28

Global betting company 1xBet threw a memorable party in Manila in June, featuring as brand ambassador none other than world-renowned actress and model Eva Elfie. On 3 June, global betting company 1xBet hosted a private interactive event for its top...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語