Gambling Authority Renews Resorts World Sentosa Licence
Gambling Authority Renews Resorts World Sentosa Licence

Gambling Authority Renews Resorts World Sentosa Licence

News summary

Singapore's Gambling Regulatory Authority (GRA) has renewed Resorts World Sentosa's (RWS) casino license for two years, citing 'unsatisfactory' tourism performance during the evaluation period from January 1, 2021, to December 31, 2023. The GRA's decision reflects concerns over RWS's ability to develop and promote itself as a compelling tourist destination. An independent evaluation panel found multiple areas requiring substantial improvement, and the next assessment is scheduled for 2026. This renewal comes after RWS was fined S$2.25 million in December 2023 for failing to conduct mandatory due diligence checks on significant cash deposits. The GRA, alongside the Ministry of Trade and Industry, Singapore Tourism Board, and Sentosa Development Corporation, will continue to collaborate with RWS to enhance its appeal as a tourist attraction. RWS is one of Singapore's two integrated resort casinos, with the other being Marina Bay Sands.

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