How Much Do You Need To Spend At The Casinos To Obtain The Highest Tier Reward Membership?
The Economics Of Membership For Casinos
Casinos probably have the most creative ways to make you gamble more, or to “trap” your money in their loop.
One such way casinos make full use of the various businesses they own is to create membership programs to increase customer loyalty.
The Economics Of Gambling In Casinos: Amount Spent vs Membership Points
With the casinos at war for Singaporeans’ money, we did a comparison between their membership system to find out which is more worth it.
Singaporeans and Permanent Residents of Singapore have to pay an entry levy to enter either of the casinos. The two types of entry levy are day levy at $100 or an annual levy at $2,000.
We take a look at how much a Singaporean needs to spend to hit the highest tier for his membership.
The assumptions are:
- He embarks on an annual levy to help him achieve his highest tier for his membership.
- He aims to hit the highest tier of GoldPlus for his casino membership
- He visits Genting Resort World Singapore to gamble and collects points.
We are using Genting Resort World Singapore(RWS) as an example.
Here’s how much a Singaporean needs to spend at the casino to hit various tier for his or her Genting membership.
| Tiers | Total Tier Points | RM required to hit tier | SGD required to hit tier (Assuming 1 SGD = RM3.02) |
|---|---|---|---|
| Classic/ SkyClassic | 99 Tier Points or less | RM0 - RM9,900 | $0 - $3,280 |
| Silver/ SkySilver | Minimum 100 Tier Points | RM10,000 | $3,313 |
| Gold/ SkyGold | Minimum 500 Tier Points | RM50,000 | $16,566 |
| GoldPlus | Minimum 3,000 Tier Points | RM300,000 | $99,400 |
- The above chart shows that a Singaporean needs to spend $99,400 a year to up his membership tier to GoldPlus.
- For RWS, every RM100 spend, you will earn 1 Genting Point and 1 Tier Point.
- Each Genting Point can redeem $1 worth of purchase at any of the participating outlets.
- The tier point has no monetary value, and it is only to help member move up the tier.
Here’s how much it will cost him per year to reach GoldPlus:
| Expenses | Costs |
|---|---|
| Casino annual levy | $2,000 |
| Amount spent at the Casino | $99,400 |
| Total Costs per year: $101,400 | |
| Amount recouped from blackjack | $43,736 |
| Genting points received in kind | $3,000 |
| Final Costs per year: $54,664 | |
- Assuming the gambler only gambles at the blackjack table where the odds of winning is the highest, compared to the rest of the games.
- At 44% winning rate, assuming the gambler managed to recoup 44% of his gambling money.
- He will also receive $3,000 worth of Genting Points which is equivalent of $1 at participating outlets.
Final Costs To Attain Membership At RWS Casino
The final cost of a GoldPlus member is at $54,664.
That works out to be gambling $4,555 per month! While it comes with benefits, we are not sure if it’s worth the money.
The Other Benefits For Sands Rewards Membership At Marina Bay Sands
(Editor’s Note: Please note that all benefits listed in this guide are still subjected to MBS’s terms and conditions. So please make sure you check the respective casino’s T&Cs before insisting that you’re entitled to any benefits!)
The reward system at Marina Bay Sands can be a little complicated.
They have two different loyalty programs, namely Sands Rewards Lifestyle and Sands Rewards Club.
The Sands Rewards Club is mainly targetted at the Casino spenders, gamers.
Sands Rewards Club (Casino gamers) Tiers, Benefits and Requirements
Sands Rewards Club members earn Sands Points and Sands Dollar on their Casino spends. When you gamble at the Casino, the amount spent (excluding levy) will be converted into Sands Points.
These Points will then be converted into Sands Dollar which can be used to redeem free games or goods and services at Marina Bay Sands.
How much do you need to spend to get these rewards for Sands Rewards Club?
The Sands Rewards Club comes in 5 different tiers. Here’s how much you need to spend to qualify for each tier.
| Tiers | Sands Points required to qualify | Sands Dollars which each Sands point can convert for |
|---|---|---|
| Sands Premier | FREE | $1 |
| Sands Gold | 68 | $1.50 |
| Sands Platinum | 388 | $1.75 |
| Sands Diamond | 1,288 | $2 |
| Paiza Gold | 3,888 | $2.25 |
The amount of Sands Point has to be collected within 12 months.
Do note that as one moves up the tier, he earns more Sands Dollars for each Sands Points earned. The more you spend, the more Sands Dollars your points can be exchanged for.
The rate of accrual of Sands Points and Sands Dollars may vary from member to member. The rate of accrual of Sands Points and Sands Dollars shall be determined at the sole and absolute discretion of Marina Bay Sands. This is also why Seedly was not able to find out the exact amount one needs to spend to get to Sands Diamond member.
What can I redeem with Sands Rewards Club Dollars?
| What can I redeem? | Where? | Tier | Redemption rate |
|---|---|---|---|
| Free game at Slot and Table games | Slot Machines Membership Kiosks | All | $1 Sands Dollar = $1 Free Play |
| Goods and Services | Marina Bay Sands Food and Beverage Outlets | All | $1 Sands Dollar = S$1 |
| Participating Retailers | Sands Premier | $1.2 Sands Dollar = $1 | |
| Sands Gold | $1.15 Sands Dollar = $1 | ||
| Sands Platinum | $1.1 Sands Dollar = $1 | ||
| Sands Diamond Paiza Gold | $1 Sands Dollar = $1 |
- Do note that the minimum redemption of Free Play is 5 Sands Dollars for Slots and 10 Sands Dollars for Table Games.
Benefits of the Sands Rewards Club?
| Benefits Of Sands Rewards Club | Sands Premier | Sands Gold | Sands Platinum | Sands Diamond | Paiza Gold |
|---|---|---|---|---|---|
| Gaming Services | |||||
| Access to Ruby Room | By Invite | By Invite | YES | YES | YES |
| Access to exclusive VIP areas in Paiza for member and guests | - | - | - | - | 2 pax |
| Enjoy complimentary dining at Paiza buffet, or from Food & Beverage menu | - | - | - | - | YES |
| Hotel benefits | |||||
| Exclusive access to the private Paiza check-in/out facility | - | - | - | - | YES |
| Special Paiza room rate (inclusive of complimentary breakfast for 2 @ RISE® Restaurant) | - | - | - | - | 1room/day |
| Special Paiza room rate for friends & family | - | - | - | - | 1 room/day |
| Receive complimentary high-speed Internet access | YES | YES | YES | YES | YES |
| Complimentary room upgrade upon check-in, priority early check-in and late check-out1 (Based on availability) | - | - | - | YES | YES |
| Transportation and parking | |||||
| VIP meet and greet service at Airport (International members only) | - | - | - | - | 3 pax |
| Complimentary Airport transfers by luxury car (International members only) | - | - | - | - | YES |
| Additional vehicle at VIP preferred rate | - | - | - | - | YES |
| Self-parking privileges | $4 Sands Dollars | $4 Sands Dollars | Complimentary | Complimentary | Complimentary |
| Complimentary valet parking at Marina Bay Sands | - | - | - | - | YES |
| Exclusive self-parking at Basement Level 4 | - | - | - | 1 Car | 2 Cars |
| Personalised benefit | |||||
| Dedicated 24–hour hotline & personalised webpage | YES | YES | YES | YES | YES |
| Special offers on birthday month | YES | YES | YES | YES | YES |
| Special offers and invitation to events and promotions, VIP presales and season previews | YES | YES | YES | YES | YES |
| Resort Wide Benefits | |||||
| Daily SkyPark Observation Deck, Sampan Rides & Skating Rink passes | 10% | 10% | 20% | Complimentary 6 tickets per month per attraction | Complimentary 8 tickets per month per attraction |
| ArtScience Museum tickets privileges | 1 for 1 | 1 for 1 | 1 for 1 | 1 for 1 | Free 2 tickets every month |
| Enjoy discounts for selected show tickets at MasterCard Theatres | 15% | 15% | 15% | 20% | 20% |
| Enjoy savings on à la carte body massages and spa packages at Banyan Tree Spa | 10% | 10% | 15% | 15% | 15% |
| Enjoy discount and special offers at selected outlets at The Shoppes | YES | YES | YES | YES | YES |
The Other Benefits For Genting Rewards Membership at Resort World Singapore (RWS)
(Editor’s Note: Please note that all benefits listed in this guide are still subjected to RWS’s terms and conditions. So please make sure you check the respective casino’s T&Cs before insisting that you’re entitled to any benefits!)
There are 2 different reward systems at Resort World Singapore(RWS) too.
They have two different loyalty programs, namely Genting Rewards Casino Cards and Sky Cards.
The Genting Rewards Casino Cards program is obviously targetted at the Casino spenders, gamers. With every RM100 spend, you will earn 1 Genting Point and 1 Tier Point.
How much do you need to spend to get these rewards for Genting Rewards Casino?
The Genting Rewards comes in 4 different tiers. Here’s how much you need to spend to qualify for each tier.
| Tiers | Total Tier Points | RM required to hit tier | SGD required to hit tier (Assuming 1 SGD = RM3.02) |
|---|---|---|---|
| Classic/ SkyClassic | 99 Tier Points or less | RM0 - RM9,900 | $0 - $3,280 |
| Silver/ SkySilver | Minimum 100 Tier Points | RM10,000 | $3,313 |
| Gold/ SkyGold | Minimum 500 Tier Points | RM50,000 | $16,566 |
| GoldPlus | Minimum 3,000 Tier Points | RM300,000 | $99,400 |
The amount of Tier Points has to be collected within 12 months.
Benefits of the Genting Rewards
| Benefits | Classic | Silver | Gold | Platinum |
|---|---|---|---|---|
| Stay | ||||
| Earn & redeem Genting Points (GP) for room night(s) | YES | YES | YES | YES |
| Exclusive members' preferred room rates | YES | YES | YES | YES |
| 24-Hours concierge services | YES | YES | YES | YES |
| Priority hotel check-in and late check out at Maxims, Genting Grand, and Crockfords | - | - | - | YES |
| Room reservation via Host | - | - | - | YES |
| Free Wi-Fi at Maxims, Genting Grand and Crockfords | YES | YES | YES | YES |
| All day parking | Fees Apply | Fees Apply | Complimentary | Complimentary |
| Guaranteed Room for reservation made 72 hours in advance via Host | - | - | - | YES |
| Complimentary room upgrade | - | - | - | YES |
| Play | ||||
| Earn & redeem Genting Points (GP) at participating outlets | YES | YES | YES | YES |
| Invitation to membership programmes, parties and events | YES | YES | YES | YES |
| Invitation to VIP tournaments & events | - | - | YES | YES |
| Access to VIP Gold gaming area | - | - | YES | YES |
| Access to VIP Platinum gaming area | - | - | - | YES |
| Complimentary residency show tickets (per show) | - | - | 2 pax | 6 pax |
| Complimentary Golf rounds at Awana | - | - | - | 6 pax |
| Shop | ||||
| Earn & redeem Genting Points (GP) at participating outlets | YES | YES | YES | YES |
| Members Day double point shopping | YES | YES | YES | YES |
| Exclusive invitation to pre-sales | - | - | - | YES |
| Personal shopper experience | - | - | - | YES |
| Dine | ||||
| Earn & redeem Genting Points (GP) at participating outlets | YES | YES | YES | YES |
| Priority lane | - | - | - | YES |
| Priority reservations for premium view | - | - | - | YES |
| Access to private dining rooms | - | - | - | YES |
| Exclusive Chef's Table seating | - | - | - | YES |
| Exclusive invitation to private dining events | - | - | - | YES |
| Member | ||||
| Exclusive members' birthday offer | YES | YES | YES | YES |
| 24-Hour immediate card replacement | YES | YES | YES | YES |
| 24-Hour dedicated membership hotline | YES | YES | YES | YES |
| Supplementary card with joint points usage | YES | YES | YES | YES |
| Pre-early bird sales for concert and shows | YES | YES | YES | YES |
| Members appreciation night | - | - | YES | YES |
| Priority service at Genting Rewards Card Center | - | - | - | YES |
| Priority service at Casino Cashier | - | - | - | YES |
| Limousine reservation via dedicated membership hotline | - | - | YES | YES |
| Air tickets reservation via Host | - | - | - | YES |
| Priority lane access and sponsorship for Awana Skyway | - | Self + 2 guests | Self + 4 guests | Self + 8 guests |
Advertisement
