Singapore casinos target high-rollers, may hurt Macau

The Malaysian Insider, 27 May 2009, Reuters
SINGAPORE, May 27 — Singapore's two upcoming casinos may draw some business from neighbouring Malaysia's Genting Highlands but the city-state's focus on high-rollers will likely have a greater impact on Macau and Australia.
When up and running next year, Sheldon Adelson's Marina Bay Sands and the Malaysian Genting group's Resorts World at Sentosa will pay an effective tax of around 12 per cent on net revenue from high-rollers — compared with 39 per cent for Macau — giving operators more incentive to draw such people to the city-state.
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