How Much Do You Need To Spend At The Casinos To Obtain The Highest Tier Reward Membership?
 
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How Much Do You Need To Spend At The Casinos To Obtain The Highest Tier Reward Membership?

Ming Feng
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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.

Casino

 

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.

TiersTotal Tier PointsRM required to hit tierSGD required to hit tier
(Assuming 1 SGD = RM3.02)
Classic/ SkyClassic99 Tier Points or lessRM0 - RM9,900$0 - $3,280
Silver/ SkySilverMinimum 100 Tier PointsRM10,000$3,313
Gold/ SkyGoldMinimum 500 Tier PointsRM50,000$16,566
GoldPlusMinimum 3,000 Tier PointsRM300,000$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:

ExpensesCosts
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 membership tier and requirement

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.

TiersSands Points required to qualifySands Dollars which each Sands point can convert for
Sands PremierFREE$1
Sands Gold68$1.50
Sands Platinum388$1.75
Sands Diamond1,288$2
Paiza Gold3,888$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?TierRedemption rate
Free game at Slot and Table gamesSlot Machines
Membership Kiosks
All$1 Sands Dollar = $1 Free Play
Goods and ServicesMarina Bay Sands
Food and Beverage Outlets
All$1 Sands Dollar = S$1
Participating RetailersSands 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 ClubSands PremierSands GoldSands PlatinumSands DiamondPaiza Gold
Gaming Services
Access to Ruby RoomBy InviteBy InviteYESYESYES
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 accessYESYESYESYESYES
Complimentary room upgrade upon check-in, priority early check-in and late
check-out1
(Based on availability)
---YESYES
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 DollarsComplimentaryComplimentaryComplimentary
Complimentary valet parking at Marina Bay Sands----YES
Exclusive self-parking at Basement Level 4---1 Car2 Cars
Personalised benefit
Dedicated 24–hour hotline & personalised webpageYESYESYESYESYES
Special offers on birthday monthYESYESYESYESYES
Special offers and invitation to events and promotions, VIP presales and
season previews
YESYESYESYESYES
Resort Wide Benefits
Daily SkyPark Observation Deck, Sampan Rides & Skating Rink passes10%10%20%Complimentary
6 tickets per month
per attraction
Complimentary
8 tickets per month
per attraction
ArtScience Museum tickets privileges1 for 11 for 11 for 11 for 1Free 2 tickets every month
Enjoy discounts for selected show tickets at MasterCard Theatres15%15%15%20%20%
Enjoy savings on à la carte body massages and spa packages at Banyan Tree Spa10%10%15%15%15%
Enjoy discount and special offers at selected outlets at The ShoppesYESYESYESYESYES

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!)

Genting Casino rewards tier

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.

TiersTotal Tier PointsRM required to hit tierSGD required to hit tier
(Assuming 1 SGD = RM3.02)
Classic/ SkyClassic99 Tier Points or lessRM0 - RM9,900$0 - $3,280
Silver/ SkySilverMinimum 100 Tier PointsRM10,000$3,313
Gold/ SkyGoldMinimum 500 Tier PointsRM50,000$16,566
GoldPlusMinimum 3,000 Tier PointsRM300,000$99,400

The amount of Tier Points has to be collected within 12 months.

Benefits of the Genting Rewards

BenefitsClassicSilverGoldPlatinum
Stay
Earn & redeem Genting Points (GP) for room night(s)YESYESYESYES
Exclusive members' preferred room ratesYESYESYESYES
24-Hours concierge servicesYESYESYESYES
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 CrockfordsYESYESYESYES
All day parkingFees ApplyFees ApplyComplimentaryComplimentary
Guaranteed Room for reservation made 72 hours in advance via Host---YES
Complimentary room upgrade---YES
Play
Earn & redeem Genting Points (GP) at participating outletsYESYESYESYES
Invitation to membership programmes, parties and eventsYESYESYESYES
Invitation to VIP tournaments & events--YESYES
Access to VIP Gold gaming area--YESYES
Access to VIP Platinum gaming area---YES
Complimentary residency show tickets (per show)--2 pax6 pax
Complimentary Golf rounds at Awana---6 pax
Shop
Earn & redeem Genting Points (GP) at participating outletsYESYESYESYES
Members Day double point shoppingYESYESYESYES
Exclusive invitation to pre-sales---YES
Personal shopper experience---YES
Dine
Earn & redeem Genting Points (GP) at participating outletsYESYESYESYES
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 offerYESYESYESYES
24-Hour immediate card replacementYESYESYESYES
24-Hour dedicated membership hotlineYESYESYESYES
Supplementary card with joint points usageYESYESYESYES
Pre-early bird sales for concert and showsYESYESYESYES
Members appreciation night--YESYES
Priority service at Genting Rewards Card Center---YES
Priority service at Casino Cashier---YES
Limousine reservation via dedicated membership hotline--YESYES
Air tickets reservation via Host---YES
Priority lane access and sponsorship for Awana Skyway-Self + 2 guestsSelf + 4 guestsSelf + 8 guests

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About Ming Feng
A stint in Bloomberg gifted me with a beer belly, which only grew larger when I moved on to become a Professional Trader. Now I turn caffeine into digestible finance-related content.
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