• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Gentings Sentosa set to fail

soikee said:
To me if you have frens who cud only lose 20k in a casino, you ain't nothing but a freaking small fry!

Wait till u know of frens who cud afford to lose 1m to 5m on a gambling trip then maybe you can attempt to smell my fart!

If KT Lim did not hand out 10k to 20k in complimentary chips to all his premium players from Star Cruise and Gentings on the
1st night, there wud be not much action in the casino.

I happen to be one of the many hundreds of recipients of a twenty thousand Dollar voucher and b'cos of the FWs invasion,
I've yet to use up my complimentary chips.
Click to expand...

You write as if this is something to be proud of...
 
Watchman said:
$100 is cheap compare to taking transport into Malaysia or somewhere else !
Click to expand...

what bullshit , it is not the amount. it is the principal and act of discrimination.

I rather fly to las vegas, there i can enjoy myself with other non gambling activities, and the casino welcome me to stay as long as i like.

and i do not have to be surrounded by ah neh.
 
Hmm If RWS offered Singaporeans $50 in chip and $50 F&B voucher wouldn't that more than offset the $100 levy?? After all they know the lure of gambling is there. So once they get you in, you are stuck.

Think of it this way, 5 friends out on Friday night. Dinner would easily run $50 per person - after that clubbing is easily another $50. So why not check out casino and have dinner there and get to see if Lady Luck is shining. If one out of the 5 is a gambler, the rest of the 4 would wait for him and try out the tables and the girls will be at the slots.

I think casinos can easily overcome this $100.
 
Another thing is that the real whales would wait till start up pains are over before they give casino a try.

Also, contrary to popular belief, CNY need not be a good time for gambling. There is a lot of reunion dinners/family/friends type of gathering. Even if they gamble it is a private mahjong/poker at home while waiting for people to come visit. This is especially true for the wealthy who may have a lot of well wishers.

So they eat, play mahjong, meet family and friends and eat and mahjong etc etc.
 
Merl Haggard said:
Gentings S'pore share price today plunged to a low of 1.01 and closed at 1.02.

It's a confirmation that the grand-opening of RWS is a total failure!

By tomorrow I expect its share price to break below the Dollar.
Click to expand...

FY 09 results likely to be released tomorrow. Expect another round of sell-down!

Don't say I don't warn you hor!
 
longbow said:
Hmm If RWS offered Singaporeans $50 in chip and $50 F&B voucher wouldn't that more than offset the $100 levy?? After all they know the lure of gambling is there. So once they get you in, you are stuck.

Think of it this way, 5 friends out on Friday night. Dinner would easily run $50 per person - after that clubbing is easily another $50. So why not check out casino and have dinner there and get to see if Lady Luck is shining. If one out of the 5 is a gambler, the rest of the 4 would wait for him and try out the tables and the girls will be at the slots.

I think casinos can easily overcome this $100.
Click to expand...

They are not supposed to indirectly "reimburse" gamblers the $100.
 
SneeringTree said:
They are not supposed to indirectly "reimburse" gamblers the $100.
Click to expand...

If such "clever" schemes are not allowed, is the PAP prepared to allow the IR's to fail?

Noticed that there wasn't a single PAP Minister/MP gracing the grand opening of RWS. Wonder y tat is so ....
 
IR123 said:
There is no real issue. The Singapore Flyer is a good example. It is still a going concern.

All that needs to be done is to position the casinos as tourist attractions and every day, every hour you will find them packed. We have rich neighbours.

They do not need to rely on Singaporeans in their business strategy. In many ways, this is good for us. The foreigners come here to donate their money. Seldom do people win at casinos in the long run. They bring their social problems back to their own country. We keep their money.
Click to expand...

It is alright if rich tourists with deep pockets come to lose millions at th IRs. But don't forget we have a very large population base of low skill foreign workers who will lose their money at the Casinos too. They won't be bringing home their social problems home yet. Instead it is likely they will resort to criminal means to make up for their losses. Now this will not be a good thing and will disrupt our lives and safety which we have built over the decades.

This issue is unique to Singapore. Most countries with Casinos are large enough and do not have a large low skill foreign workers. The PAP simply has not thought this through enough.

In conclusion, by worshiping the golden calf the PAP is the ones to be held accountable for their decision to have the Casinos.
 
At the close Gentings kena sold down 13m shares at 95c.

After FY 09 result is announced tmr or day after, expect further sell-down!
 
aurvandil said:
If such "clever" schemes are not allowed, is the PAP prepared to allow the IR's to fail?

Noticed that there wasn't a single PAP Minister/MP gracing the grand opening of RWS. Wonder y tat is so ....
Click to expand...

Perhaps they're worried about stepping over a dead body. In one sense, there's the LKY prophecy of casino opening in Singapore over his dead body. In another sense, there's the worry about being too politically associated with casino. A successful casino means lots of gamblers. A failed casino means project failure. 50% of Singaporeans are anti-casino at the height of the casino debate. Let's just say, out of the other 50% who're pro-casino, half are not into habitual gambling but support it for economic reasons, that leaves 25%. Let's just say half of them are unwilling to pay the S$100 levy, that leaves 12.5%. Let's just say half of them don't have time, that leaves 6.25%.

In terms of economic reasons, particularly job creation, as I've pointed out in another posting, it's more likely to be 30% citizens 70% foreigners if PRs are classified under foreigners, not the other way around. The political figures doesn't add up impressively.
 
Has anyone been up to Genting recently? Heard a rumour that FT staff are being trained up there before deployment to RWS.
 
Merl Haggard said:
At the close Gentings kena sold down 13m shares at 95c.

After FY 09 result is announced tmr or day after, expect further sell-down!
Click to expand...


Think you are referring to the last trade of the day when someone dumped 13m shares at one go.

Total lots traded was over 300,000,000 lots...VERY HEAVY!

The 1st 3 counters made up for almost half of SGX trading volume today. WTF?
 

Even if many aunties after losing money hanging around RWS waiting to sell themselves for $200 per poke.

Even if you want, there are no rooms or rooms too ex at $400 upwards. So how to poke? World Class Casino is it not?:D

BTW do not believe the hotel rooms are all filled. Only 3-4 floors of hotel rooms are completed.

Many Travel Agents in S'pore already kenna compensation claims from overseas guests.
 
You must log in or register to reply here.

Similar threads

syed putra
Thai casino coming up.
2
Replies
32
Views
3K
k1976
k1976
SBFNews
Genting Singapore 2022 profit climbs to US$258 million as Resorts World Sentosa revenues soar in H2 – IAG
Replies
0
Views
798
SBFNews
SBFNews
SBFNews
Casino firm Genting Singapore draws takeover interest
Replies
10
Views
2K
eatshitndie
eatshitndie
P
Chitchat Good News! Cheongsters can Gamble in Thailand Soon!
Replies
0
Views
2K
Pinkieslut
P
M
Sentosa Sets to Sail
Replies
5
Views
2K
ozeman
O
Back
Top