While Las Vegas Sands is undergoing cost cutting exercises and putting non-core assets up for sale, as well as placing Macau developments on hold, in order to ensure the timely completion of casino projects in Singapore and Pennsylvania, Malaysian gaming company Genting Bhd is upping its investment in Resorts World at Sentosa. The company is improving quality, accessibility and entertainment offerings, adding about US$385 million to the project costs.

Genting International reports that the only break in the 24/7 construction schedule at Resorts World was when the company and its contractors together took around 2,600 migrant workers on an excursion to the zoo, to welcome in the new Year of the Ox. The integrated casino resort is scheduled to open early next year and already employs a pre-opening team over 400 strong. In the second half of 2009 several thousand people will join the team as jobs at four hotels, Universal Studios Singapore, restaurants and shops are filled.

With the additional funds to be invested in the Singapore project, total investment by Genting will be US$4.3 billion. The extra money is aimed at increasing the appeal of Resorts World at Sentosa. In a statement Genting commented, “In the course of the past year, changes have been made to the design and architecture of the integrated resort to substantially improve its entertainment and fun offerings, including enhancements to its casino and Universal Studios Singapore. Improvements were made to the quality of interiors as well as foot traffic accessibility to retail and dining outlets.” (E-02.19.09)

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