Casino cash may inject $1.5 bln into Singapore annually-DBS

Reuters, 26 Aug 2010
Aug 26 (Reuters) - Revenues from two new casino-resorts could contribute as much as S$2 billion ($1.47 billion) annually to Singapore's economy, which is expected by the government to grow by up to 15 percent this year, DBS Bank said on Thursday. The two resorts have already contributed S$470 million or 0.3 percentage points to gross domestic product (GDP), which grew 17.9 percent in the first half of 2010 from a year earlier, DBS economist Irvin Seah wrote in a report. Full story

Related:
S’pore casinos likely to contribute S$2b yearly - Malaysia Star