{"id":15163,"date":"2021-02-24T15:49:17","date_gmt":"2021-02-24T15:49:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15163"},"modified":"2026-04-23T21:33:52","modified_gmt":"2026-04-24T00:33:52","slug":"genting-singapore-pushes-back-resorts-world-sentosa-expansion-plan","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-singapore-pushes-back-resorts-world-sentosa-expansion-plan","title":{"rendered":"Genting Singapore pushes back Resorts World Sentosa expansion plan"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/genting-singapore-returns-to-profit-in-q3\" target=\"_blank\">Genting Singapore&#8217;s<\/a><\/em><\/strong> expansion at Resorts World Sentosa faces delays due to the Covid-19 pandemic. <\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Singapore.- <strong>Genting Singapore<\/strong> has put back its planned SG$4.5bn expansion of <strong>Resorts World Sentosa until 2022, <\/strong>according to senior management. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company plans to expand the property&#8217;s gaming floor by 50 per cent and add further hotel rooms, restaurants and retail facilities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Union Gaming\u2019s John DeCree said the company&#8217;s decision to delay the development was due to <strong>disruptions in the supply chain and labour force<\/strong> caused by the Covid-19 pandemic as well as the <strong>need for design changes to address health and safety requirements. <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">DeCree said: \u201cThat said, Genting Singapore reaffirmed its commitment to the scope of RWS 2.0 and the capex budget of SG$4.5bn.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, analysts at\u00a0<strong><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/genting-singapore-recovery-depends-on-lifting-of-travel-ban\" target=\"_blank\"><em>Kenanga Research<\/em><\/a><\/strong>\u00a0have raised concerns about the recovery of the resort since returning to pre-pandemic levels will\u00a0<strong>largely depend on the lifting of current travel restrictions.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Genting Singapore&#8217;s expansion at Resorts World Sentosa faces delays due to the Covid-19 pandemic.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Genting Singapore has delayed its SG$4.5bn expansion of Resorts World Sentosa (RWS 2.0) until 2022, citing COVID-19 related supply chain and labor disruptions, alongside necessary health and safety design modifications. Despite the postponement, the company reaffirms its commitment to the project's scope, which includes a 50% increase in gaming floor capacity. Analysts express concerns regarding the resort's recovery, linking it directly to the lifting of international travel restrictions.","focusai_entities":"Genting Singapore, Resorts World Sentosa, Union Gaming, John DeCree, Kenanga Research","focusai_location":"Singapore, Sentosa","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"RWS 2.0 Revised Timeline?","query":"What is the revised project timeline for RWS 2.0, including potential phased completion dates for the gaming floor and other facilities?"},{"label":"Impact on GGR\/NGR Forecasts?","query":"How will the delay in RWS 2.0's completion impact Genting Singapore's projected Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) forecasts for the next three to five fiscal years?"}],"footnotes":""},"categories":[28,158,16333],"tags":[23687,23907,21162],"class_list":["post-15163","post","type-post","status-publish","format-standard","hentry","category-casino-news","category-slider-home","category-south-east-asia-news","tag-genting-singapore","tag-land-based-casino","tag-resorts-world-sentosa"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=15163"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15163\/revisions"}],"predecessor-version":[{"id":15198,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15163\/revisions\/15198"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}