{"id":777002702,"date":"2023-02-23T07:34:09","date_gmt":"2023-02-23T10:34:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777002702"},"modified":"2026-04-23T00:22:58","modified_gmt":"2026-04-23T03:22:58","slug":"completion-of-rws-expansion-may-be-delayed-until-2028","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/completion-of-rws-expansion-may-be-delayed-until-2028","title":{"rendered":"Completion of RWS expansion may be delayed until 2028"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The cost of the expansion at Singapore&#8217;s Resorts World Sentosa looks likely to go over budget.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Singapore.-&nbsp;<strong>Genting Singapore<\/strong>, the operator of Singapore&#8217;s Resorts World Sentosa (RWS) casino resort, has advised that the cost of&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/resorts-world-sentosa-expansion-plan-to-start-this-quarter\" target=\"_blank\">the RWS expansion programme<\/a>&nbsp;may exceed the initial budgeted amount of SGD4.5bn (US$3.36bn). The update was provided during a conference call with investment analysts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The RWS2.0 expansion project was announced in April 2019 as part of an agreement between Genting Singapore and the city-state&#8217;s government to extend the casino&#8217;s licence until 2030.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts now expect the completion of RWS2.0 to be delayed to <strong>as late as 2028 <\/strong>as Genting Singapore continues with construction of the Singapore Oceanarium and Minion Land at Universal Studios Singapore as well as infrastructure facilities to support the expansion.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Marina Bay Sands, Singapore&#8217;s other casino resort, is advancing with its own expansion programme. MBS2.0 was initially budgeted at SGD4.5bn and expected to commence construction by April 8, 2023. However, it may also face budget and timing reviews due to the Covid-19 pandemic and other factors, according to operator Las Vegas Sands Corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cost of the expansion at Singapore&#8217;s Resorts World Sentosa looks likely to go over budget.<\/p>\n","protected":false},"author":176,"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's Resorts World Sentosa (RWS) expansion is projected to exceed its initial SGD4.5bn budget and face delays until 2028, impacting its license extension agreement. Concurrently, Las Vegas Sands' Marina Bay Sands (MBS) expansion also anticipates budget and timing reviews, reflecting broader capital expenditure challenges in the Singaporean integrated resort market.","focusai_entities":"Genting Singapore, Resorts World Sentosa, Universal Studios Singapore, Marina Bay Sands, Las Vegas Sands Corp.","focusai_location":"Singapore","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.85), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CapEx Impact Analysis","query":"What is the revised projected ROI and payback period for Genting Singapore's RWS2.0 expansion, considering the increased capital expenditure and delayed operationalization?"},{"label":"Regulatory Compliance Review","query":"How might the reported budget overruns and project delays for RWS2.0 and MBS2.0 impact the terms and conditions of their respective integrated resort license extensions with the Singaporean government?"}],"footnotes":""},"categories":[157,16333],"tags":[23687,21162],"class_list":["post-777002702","post","type-post","status-publish","format-standard","hentry","category-business-news","category-south-east-asia-news","tag-genting-singapore","tag-resorts-world-sentosa"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002702","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777002702"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002702\/revisions"}],"predecessor-version":[{"id":777002725,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002702\/revisions\/777002725"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}