SYDNEY(MarketWatch) — Right now, Singapore is the darling of Asia’s gambling scene.
Two casinos opened in the conservative city-state last year, which are now the thriving centerpieces of a pair of glitzy resorts. Both have delivered bumper profits and will enjoy a protected duopoly until 2017.
The success has been so great, that Singapore is likely to steamroll Las Vegas and become the world’s second-largest gambling hub — after fellow Asian casino center Macau — as early as this year. Full story
