closed its borders<\/a> to outsiders for much of 2020 to keep the coronavirus out. The island city-state has confirmed fewer than 60,000 COVID-19 cases, and only 29 deaths.<\/p>\n<\/div>\n“We are most grateful to the Singapore Government for providing various support measures in assisting our resort to weather through this crisis,” a Genting Singapore statement explained. “Notwithstanding the Government helping us and the Group’s implementation of cost containment measures, the effects of the COVID-19 global pandemic to our businesses was still devastating.<\/p>\n
“This led the Group to record the worst financial performance since the opening of our Singapore Integrated Resort in 2010,” the release stated.<\/p>\n
RWS holds a duopoly on casino gambling in Singapore with Marina Bay Sands. Prior to the global pandemic, both casinos agreed to further invest $3.3 billion into their complexes in exchange for maintaining their duopolies through at least 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"
The parent company of Resorts World Sentosa (RWS) expects China’s crackdown on cross-border gambling to impact its casino operations. China President Xi Jinping has directed law enforcement agencies across the People’s Republic to better prevent mainlanders from traveling overseas to gamble. China is threatening foreigners who market and organize international gambling trips to Chinese people […]<\/p>\n","protected":false},"author":25,"featured_media":164139,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,10],"tags":[],"acf":[],"yoast_head":"\n
Resorts World Sentosa in Singapore Says Chinese VIPs Gone for Good<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n