In early April 2019, news broke that the two Integrated Resorts (IRs) in Singapore — Marina Bay Sands (MBS) and Resorts World Sentosa (RWS) –would be investing S$4.5 billion each over the next few years to invigorate the local tourism scene.

RWS, owned and managed by Genting Singapore, added in a press release that the gross floor area of RWS is expected to increase by 50% as a result of this expansion. As part of this redevelopment, key attractions like Universal Studios Singapore and S.E.A Aquarium (which will be renamed the Singapore Oceanarium) will be expanded.

To increase ease of access, a driverless transport system with a much higher capacity than the current monorail will also be built. While analysts agree that this investment will bear fruit for the company in the long run, Genting Singapore shares plunged 8% on the day of the announcement in response to news