Content Writer: Janice Chew • Sunday, 26/09/2026 - 15:33:45 - PM
Singapore’s betting tax revenue climbed 11.9% year-on-year to S$3.6 billion (US$2.84 billion) in the financial year ended 31 March 2026, highlighting another strong year for the country’s regulated gaming and betting sector.
According to the Inland Revenue Authority of Singapore (IRAS), total tax collections reached S$97.3 billion in FY2025/26, up 9.4% from the previous year. Betting taxes represented around 3.7% of total collections, meaning this category grew faster than Singapore’s overall tax revenue.
Not Just Casino Revenue
Importantly, the S$3.6 billion figure should not be interpreted as casino tax alone.
Singapore reports betting taxes as a combined category covering gambling duties and casino tax, and does not disclose individual casino tax contributions. Betting duties can also cover activities such as sports betting, Toto, 4D and sweepstakes.
This makes it difficult to determine exactly how much of the latest increase came from Singapore’s two integrated resorts — Marina Bay Sands (MBS) and Resorts World Sentosa (RWS).
Strong Tourism and MBS Performance
The increase nevertheless comes during a strong period for Singapore tourism.
Singapore welcomed 16.9 million international visitors in 2025, while tourism receipts reached a record S$32.8 billion, according to the Singapore Tourism Board.
Marina Bay Sands also delivered record operating performance during the year. Its adjusted property EBITDA reached US$806 million in 4Q25 alone, with Las Vegas Sands describing continued strength in Singapore as travel and tourism spending across Asia expanded.
The picture was more mixed at Resorts World Sentosa. Genting Singapore reported FY2025 revenue of S$2.45 billion, while gaming revenue declined 6% year-on-year amid enhancement works and lower gaming win rates.
What It Means for Singapore’s Gaming Industry
The tax numbers reinforce Singapore’s position as one of Asia’s most valuable regulated gaming markets, but they also show why the industry needs to be viewed beyond casino floors alone.
Gaming, tourism, hotels, attractions, entertainment and major events increasingly operate as one integrated ecosystem. Continued investment by Singapore’s integrated resorts could therefore create opportunities not only for gaming professionals, but also across hospitality, technology, marketing, finance, compliance, customer experience and resort operations.
With both MBS and RWS continuing to invest in their destinations, Singapore remains an important market to watch as competition for premium Asian tourism intensifies.