Resorts World Sentosa in Singapore is set for a $3.3 billion expansion, highlighted by the addition of Super Nintendo World and Minions World. Parent company Genting revealed the project this week, noting the development will increase the resort’s gross floor area by nearly 50 percent, with over 1.7 million square feet of new attractions and amenities.
The expansion will be rolled out in phases through 2025, with new experiences debuting annually. Both Super Nintendo World and Minions World promise immersive entertainment paired with themed dining and retail. Nintendo’s park will bring its iconic characters and adventures to life, offering visitors attractions that recreate the excitement of its legendary video games.
Since opening in 2010, Resorts World Sentosa has become a family destination with its casino, Universal Studios, aquarium, and waterpark. The latest expansion also includes plans to enlarge the aquarium and add up to 1,100 hotel rooms, nearly doubling its capacity.
Competition and Investor Skepticism
Singapore’s integrated resort market includes just two casino operators: Resorts World Sentosa and Marina Bay Sands. Both have received approval for billion-dollar expansions. Sands is investing a similar $3.3 billion into a new 1,000-suite luxury hotel tower and additional convention and entertainment facilities.
Despite Genting’s bold plans, analysts aren’t convinced. Bloomberg reports at least six firms downgraded the company following the announcement, with shares sliding 9.4 percent—the steepest drop since May 2009.
Theme Park Legal Dispute
The expansion comes as Genting Malaysia continues a high-profile legal battle with Disney and Fox. Genting is seeking $1 billion in damages, claiming Disney forced Fox to abandon a licensing deal for a Fox World theme park due to Disney’s opposition to casino associations. Fox and Disney have filed countersuits, leaving the case unresolved.
Explore the best online betting site Singapore with Octabet betting news. Start winning today! Register now!
