Singapore’s casino industry has seen a remarkable recovery since the start of the COVID-19 pandemic. According to recent reports, the city-state’s casino revenues from levy have exceeded pre-COVID levels. This is a testament to the resilience of the industry in the face of a global economic downturn.

The Singapore Tourism Board (STB) reported that the total casino revenue from levy in 2020 was SGD$1.7 billion, a 4.2% increase from 2019. This is despite the fact that the country’s two integrated resorts (IRs), Marina Bay Sands and Resorts World Sentosa, were forced to close for two months due to the pandemic.

The STB attributed the growth in casino revenues to the strong performance of the IRs’ gaming operations. The IRs have implemented stringent safety measures to ensure the safety of their customers and employees. This has enabled them to attract more visitors, resulting in higher gaming revenues.

In addition, the IRs have also implemented a range of non-gaming activities and attractions to draw in more visitors. This includes shopping, dining, and entertainment experiences. These activities have helped to offset the losses incurred by the IRs due to the closure of their gaming operations.

The strong performance of Singapore’s casino industry is a testament to its resilience in the face of a global economic downturn. The IRs have managed to attract more visitors despite the pandemic, resulting in higher gaming revenues. This is a positive sign for the future of Singapore’s casino industry and its ability to weather any future economic downturns.