​Singapore has set an ambitious target to achieve at least US$35.6 billion in tourism receipts by 2040, a 1.6-fold increase from 2024. This significant growth projection underscores the country's commitment to enhancing its tourism sector, with the casino industry playing a pivotal role in this expansion.

Singapore's Vision for Tourism Growth

The Singapore Tourism Board (STB) has outlined a strategic roadmap aiming to boost tourism receipts to at least SGD47 billion (US$35.6 billion) by 2040. This plan involves diversifying tourism offerings, enhancing infrastructure, and leveraging technology to provide immersive experiences for visitors.

The Casino Industry's Contribution

Integrated resorts like Marina Bay Sands and Resorts World Sentosa have been instrumental in attracting tourists, offering a blend of luxury accommodations, entertainment, and gaming facilities. These establishments not only contribute significantly to tourism receipts but also create employment opportunities and stimulate ancillary industries.

Future Outlook

To achieve the 2040 target, Singapore plans to continue investing in the casino industry, ensuring it remains competitive and appealing to international visitors. This includes potential expansions, introducing innovative gaming experiences, and maintaining stringent regulatory standards to promote responsible gaming.