Hmmm this is listed in Singapore right?

I think the casino is supposed to be completed by 2010 if I'm not mistaken. Though I doubt it will show a big jump in profits until 1-2 years of operations. Because although it will be new and such, a lot of marketing needs to be done once it is completed. To pull in tourists from Asia and Europe who visits Singapore to shop, to actually go and gamble would take some time to pull off. I don't think Singapore market, although a gamblers market is enough to sustain operations there, since the entrance fee to one of the casinos in Singapore would costs them more than a bus ticket and accommodations to Genting Highlands to gamble. The entrance fee for Singaporeans is to curb the gambling habit by the Singapore government since a lot of people were worried of the social ills that might come with the opening of a casino.

Thus if they want to gamble, they need to go big and think they can win enough to cover the entrance fee. No small potatoes allowed.


For me I rather sit and watch until the casinos actually open, then I go and see myself how successful it is.

This post has been edited by skiddtrader: Mar 7 2008, 10:09 AM