Singapore gambling could become bigger than Las Vegas, say experts
For many Kerching online casino players, Las Vegas may be considered the gambling capital of the world. Indeed, movies, television and music have made the city the number one place for the punter looking to win it all.
However, forecasters in the casino sector believe that could all be about to change. A recent report from the Wall Street Journal suggests that an increase in takings at sites in Singapore could result in the country actually stripping Las Vegas of its gambling capital title.
Statistics published from Singapore's Resorts World Sentosa, show an increase in profits to the tune of $633 million (£404 million) over the second quarter. The Wall Street Journal estimates that some 70 to 90 per cent of this is derived from casino operations.
While the profit made by Las Vegas' strip is rising, the publication states that it is only a modest increase compared to Singapore.
Blackjack, roulette and online slots fans heading to Vegas from the UK are unlikely to be affected by the news, one expert predicts, as it will largely be Asian punters whose gambling habits change.
"Las Vegas will continue to attract (Asian visitors) but instead of the player making two or three trips to Las Vegas in the year they may make only one trip and the other two trips may be more closer regionally," said Andy Nazarechuk, Dean of the University of Nevada's Singapore campus.