The newly opened restaurant at Singapore’s Resorts World, the complex best known for its 15,000sq.m casino, is billed as Asia’s first Michelin chef showcase.
The move is part of efforts to attract new customers and boost falling profits as Asia’s second-biggest gambling hub feels the pain of China’s anti-corruption drive and economic slowdown.
That slump was underlined this month when Resorts World announced it was cutting staff in its gaming business - a move necessary to “stay relevant in this challenging market,” it said in a statement.
Big-betting Chinese gamblers drive earnings at casinos across the region but they have scaled back their activity over the past two years in light of President Xi Jinping’s crackdown on graft and extravagance, as well as the impact of slowing mainland economic growth.
