Korea joins fierce race for integrated resort development in Asia

An aerial view of the Mohegan Inspire Entertainment Resort's exterior in Incheon / Courtesy of Mohegan Inspire Entertainment Resort

Following Singapore’s success with integrated resorts, Asian countries have been eager to develop similar mega entertainment complexes to attract visitors and stimulate economic growth.

In April 2005, Singaporean Prime Minister Lee Hsien Loong announced the cabinet’s decision to develop two casinos, along with hotels and malls, in Marina South and Sentosa.

The government said the project was aimed to boost Singapore’s tourism industry, which was facing intense competition from neighboring 바카라게임 cities like Bangkok, Hong Kong and Macao. Additionally, Malaysia’s casino theme park on Genting Highlands had been drawing Singaporean tourists.

In addition to the casinos, the Singaporean integrated resorts included other amenities, including hotels, restaurants, shopping and convention centers and entertainment facilities such as theme parks.

As a result, the projects brought over 11,500 and 7,000 new jobs in Marina Bay Sands and Sentosa, respectively, generating between 25 billion and 26 billion Singaporean dollars ($18.6 billion and $19.3 billion) in tourism revenues as of 2023.

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