According to a recent report released by the Gaming Regulatory Authority (GRA) in Singapore, approximately 3% of adult locals visited the city-state’s casinos in 2023. This data, which was compiled by the GRA and analyzed by the industry news outlet GGRAsia, sheds light on the level of local participation in Singapore’s lucrative casino industry.
The report revealed that out of the total number of adult residents in Singapore, which is estimated to be around 5.7 million, approximately 171,000 individuals visited the city’s two integrated resorts, Marina Bay Sands and Resorts World Sentosa, to try their luck at the gaming tables and slot machines. This represents a slight increase from the previous year, signaling a steady interest in casino gambling among the local population.
While 3% may seem like a relatively small percentage, it is important to note that Singapore has strict regulations in place that limit the number of visits locals can make to the casinos each month. In order to enter the gaming areas, Singaporean citizens and permanent residents must pay a daily entry fee or purchase an annual pass. Additionally, they are subject to a visit limit of 6, 9, or 12 times per month, depending on their income level.
The GRA has been keeping a close eye on the local casino industry to ensure that it remains a responsible and sustainable form of entertainment for Singaporean residents. As part of this effort, the authority has implemented measures such as the visit limit system and responsible gambling programs to prevent problem gambling and protect vulnerable individuals.
Despite the restrictions in place, the GRA’s report indicates that casino gambling continues to be a popular pastime among some Singaporeans. The allure of the glamorous integrated resorts, with their world-class entertainment, dining, and accommodation options, remains a strong draw for both local and international visitors.
In response to the GRA’s findings, industry experts have commended Singapore’s regulatory framework and responsible gambling initiatives. They believe that the city-state has struck a good balance between allowing for a thriving casino industry and protecting its citizens from the harms of excessive gambling.
Looking ahead, the GRA and the casino operators in Singapore will continue to work together to ensure that the industry remains transparent, fair, and socially responsible. With ongoing monitoring and regulation, Singapore’s casinos are poised to maintain their reputation as world-class gaming destinations while safeguarding the welfare of the local population.