Resorts World opening 20 Jan

[shOUTloud]

Resorts World Sentosa to open on Jan 20
By Channelnewsasia.com | Posted: 05 January 2010 1821 hrs


SINGAPORE : One of Singapore's integrated resorts, Resorts World Sentosa, will begin opening its doors in phases from January 20.

The resort said its four hotels - Crockfords Tower, Hotel Michael, Festive Hotel and Hard Rock Hotel Singapore - will be opened on that day.

Resorts World Sentosa began operations at two of its four hotels on Tuesday, and employees and their families were the resort's main guests before the hotels' public opening.

Resorts World Sentosa's chief executive, Tan Hee Teck, said the phased schedule would allow the resort and its 10,000 employees to run in operations and deliver the expected guest experience.

The integrated resort (IR) said it is working closely with the authorities to obtain approvals for Universal Studios Singapore, which will open next.

As for the casino's opening date, it will be announced when the IR gets notice of its casino licence.

Together, the four hotels offer a combined inventory of 1,350 rooms and 10 restaurant outlets at their opening.

Another two hotels at the resort - Equarius Hotel and Spa Villas - will add another 500 rooms when they are launched in phase two after this year.

The IR will also open the world's largest Marine Life Park and its Maritime Experiential Museum in the second phase.

 

[shOUTloud]

I wonder whether the govt will "reward" RWS by giving them the casino license before CNY. They have fulfilled their side of their bargain unlike the MBS angmohs who are giving all sorts of excuses and leaving many Singaporeans jobless while waiting for work.

I think we should punish MBS by giving them casino license two months after they open.

 

[travelbug]

No wonder I did not see any Pinoys around my estate today cos they must be now enjoying the good life in plush hotel rooms & having bubble baths in luxurious bathtubs or having massage oil rubbed down in hotel spas.

KNN these Pinoys must have been given PRs cos lots of these Pinoy families contain dad, mum and kids. I always see quite a number of Pinoy mums already pregnant with toddler kids in tow.

These Pinoys breed like nobody's business due to their faith, mind you, they will soon outdo the Ah Tiongs & Ah Nehs who usually have just one kid.

Give them 2 to 3 years, these Pinoy families will expand from current status of 3 kids to 6 or 7 kids per family unit. Way to go fucking PAP!

 

[Tiu Kwang Yew]

2 years later, the sentosa IR will kaput.

of course, unless the PAP RCs work very hard to get the elderly over on discounted rate.

sentosa has a curse---blakang mati , sure mati !

 

[ahleebabasingaporethief]

2 years later, the sentosa IR will kaput.

of course, unless the PAP RCs work very hard to get the elderly over on discounted rate.

sentosa has a curse---blakang mati , sure mati !

I think there is a SERIOUS PROBLEM already.

Why is the CASINO license still not ok?

Who the fuck wants to sink in so many billions if NO CASINO.

Think there is a problem bcos casino license was the draw.
Now they are saying still NO CASINO LICENSE?
WTF?
​

 

[besotted]

Pinoys are fun, PRCs are hardworking

Together they contribute much to Singapore and show us how life can be enjoyed

We should import more of them and dilute the Sinkieness here

 

[singveld]

Las vegas or singapore?
monte carlo or singapore?
macau or singapore?

i dun think singapore will money from this casino stuff.

 

[postnew]

>>>

 

[postnew]

 

[shOUTloud]

The casino license is really the big stick that the govt can wield to get the developer to get the IR started. If the license is granted before the main infrastructure are completed, the developer will slow down on the rest cos all they are interested is the casino money.

Sure in the tender documents, they can claim 50% casino revenue and 50% others. But as can be seen from the MBS situation, stupid reasons like rain and lack of sand also can be cited for delays.

I think RWS is going all out to get the hotels and Universal started asap is to curry govt's favour. Now RWS has saved govt's face cos at least one IR is open with some work for locals. The govt will definitely return the favour in kind with a casino license soon. I wonder whether it will be out before CNY.

 

[Glaringly]

Looks like the hotels are going to be the suckers for many months to cum.

 

[ahleebabasingaporethief]

Looks like the hotels are going to be the suckers for many months to cum.

In recent months, the LIM family sold most of their stakes in RW to venture into other gaming worldwide including with the HO family in Macau.

Could this be the sticking point in the casino license being withheld?

SIR Ho was chastised by our MOST SENIOR only so many times; as a gangster.

Lim family sells Genting stake
May 27, 2009 Wednesday, 12:08 PM

Goh Eng Yeow remarks on the sharp drop in Genting’s share price. <hr style="border-style: solid; border-color: rgb(204, 204, 204); border-width: 1px 0pt 0pt; margin: 15px 0pt; height: 0pt;">

IT IS interesting to note that the Lim Family, which controls the Genting casino in Malaysia, has decided to sell their entire 9 per cent direct stake in Genting International here in Singapore.
The sum involved is not to be sneezed at – about $614.9 million – going by the sale price of 72 cents for 854 million shares reported to the Singapore Exchange this morning.
This makes the sale the second largest deal in a week which also saw Keppel Corp selling off its 44.5 per cent stake in Singapore Petroleum Company for $1.67 billion.
The Lim family will continue to control Genting International through its KL-listed flag-ship firm, Genting Bhd.
But the sale will certainly galvanise further debate of the current stock market rally’s sustainability, since major players seem to be making hay in the sun by getting out of the game altogether.
When it hit an intra-day high of 91 cents yesterday, the stock had swung back to a level last seen two years ago, when market conditions were euphoric and the firm was on a winning streak after winning the bid for the Sentosa integrated resort.
But as the headline of a OCBC Research report suggested yesterday, investors might simply be placing their bets too early – as they gambled on the optimism which would surround the opening of the Sentosa resort only next year.
"Genting’s UK operations could continue to languish, given the dismal economic picture there…and realistically, we think that the turnaround would probably come in 2011," it added.
In the meantime, it observed that the stock had surged 120 per cent from a low of 41 cents in February.
But with the placement news, Genting International has fallen 16 per cent in the space of two hours.
I suppose the lesson to be learnt here is that if the story is too good to be true, it is better to take it with a pinch of salt.


Tags: genting, ir, money​

 

[ahleebabasingaporethief]

..........
There is also speculation the Lims raised the cash in an effort to purchase MGM Mirage’s 50% stake in MGM Grand Macau, a joint venture with Pansy Ho, daughter of Stanley Ho, one of Macau’s biggest casino operators.
MGM Mirage was told by New Jersey gaming regulators last week that its partner in Macau was unsuitable and it should “disengage” itself from that partner.


Stanley Ho had made an initial investment in MGM Grand Macau, and he was suspected of ties with organised crime, which he had denied.
It may be difficult for Genting Singapore to acquire that stake in Macau as the company was questioned by Singaporean authorities of a proposed joint venture with Stanley Ho when it bid for the integrated resort (IR) project in Singapore. Genting Singapore pulled out of that joint venture before it secured the IR project.
For that reason, it was speculated the Lim family raised cash to directly bid for MGM Grand Macau instead of through Genting Singapore.

GENTING : [Stock Watch] [News]

 

[ahleebabasingaporethief]

Already told you people there IS a BIG PROBLEM....

Jan 9, 2010

Will casino open before IR is fully operational?

<!-- by line --><!-- end by line -->
<!-- end left side bar --><!-- story content : start -->
IN 2005, when Prime Minister Lee Hsien Loong explained the decision to develop the integrated resorts (IRs), he emphasised that these developments would have all kinds of amenities beyond a casino.
The Government was convinced it had to overturn its longstanding policy on casinos after it saw the high quality of proposals and considered the economic benefits - investments, jobs and boost to economy - the IRs would bring about.
The Government would probably have decided differently had the proposals been less attractive.
PM Lee also assured the public that each casino would take up just 3 to 5 per cent of the total floor area and the Government would implement safeguards to limit the social impact of gambling.
Four years later, as we wait for the IRs to open, the challenge is for the Government and investors to fulfil the promise made to the people.
Recently, when I attended an event at Resorts World Sentosa, I noticed a huge plot of undeveloped land beside the new buildings. According to reports, that plot will house the biggest oceanarium in the world, among other exciting amenities that would form the IR that won the bid.
With the IR slated to open soon - though almost certainly not in its entirety - the question is whether the casino will be allowed to operate before the IR is fully operational.
I would like to ask the Government when the IRs will be completed in their entirety. Would the Government allow the investors to operate the casinos before they delivered what they promised when they won the bid?
What safeguards has the Government put in place to ensure that the investors would develop the IRs in their entirety?
Tan Siow Wee ​

 

[Spermlord]

In recent months, the LIM family sold most of their stakes in RW to venture into other gaming worldwide including with the HO family in Macau.

Could this be the sticking point in the casino license being withheld?

SIR Ho was chastised by our MOST SENIOR only so many times; as a gangster.

Lim family sells Genting stake
May 27, 2009 Wednesday, 12:08 PM

Goh Eng Yeow remarks on the sharp drop in Genting’s share price. <hr style="border-style: solid; border-color: rgb(204, 204, 204); border-width: 1px 0pt 0pt; margin: 15px 0pt; height: 0pt;">

IT IS interesting to note that the Lim Family, which controls the Genting casino in Malaysia, has decided to sell their entire 9 per cent direct stake in Genting International here in Singapore.
The sum involved is not to be sneezed at – about $614.9 million – going by the sale price of 72 cents for 854 million shares reported to the Singapore Exchange this morning.
This makes the sale the second largest deal in a week which also saw Keppel Corp selling off its 44.5 per cent stake in Singapore Petroleum Company for $1.67 billion.
The Lim family will continue to control Genting International through its KL-listed flag-ship firm, Genting Bhd.
But the sale will certainly galvanise further debate of the current stock market rally’s sustainability, since major players seem to be making hay in the sun by getting out of the game altogether.
When it hit an intra-day high of 91 cents yesterday, the stock had swung back to a level last seen two years ago, when market conditions were euphoric and the firm was on a winning streak after winning the bid for the Sentosa integrated resort.
But as the headline of a OCBC Research report suggested yesterday, investors might simply be placing their bets too early – as they gambled on the optimism which would surround the opening of the Sentosa resort only next year.
"Genting’s UK operations could continue to languish, given the dismal economic picture there…and realistically, we think that the turnaround would probably come in 2011," it added.
In the meantime, it observed that the stock had surged 120 per cent from a low of 41 cents in February.
But with the placement news, Genting International has fallen 16 per cent in the space of two hours.
I suppose the lesson to be learnt here is that if the story is too good to be true, it is better to take it with a pinch of salt.


Tags: genting, ir, money​

YOU ARE REALLY PATHETIC! HOW CAN THE GOVERNMENT SUSPEND THE LICENSE WHEN SINGAPORE ECONOMY IS BENDING ON THIS 2 IRs???? USE YOUR PEA-SIZE BRAIN AND DUN SHOOT TOO MUCH SPERM!!!

 

[ahleebabasingaporethief]

YOU ARE REALLY PATHETIC! HOW CAN THE GOVERNMENT SUSPEND THE LICENSE WHEN SINGAPORE ECONOMY IS BENDING ON THIS 2 IRs???? USE YOUR PEA-SIZE BRAIN AND DUN SHOOT TOO MUCH SPERM!!!

Re: Resorts World opening 20 Jan <hr style="color: rgb(152, 152, 152); background-color: rgb(152, 152, 152);" size="1"> <!-- / icon and title --> <!-- message --> ..........
There is also speculation the Lims raised the cash in an effort to purchase MGM Mirage’s 50% stake in MGM Grand Macau, a joint venture with Pansy Ho, daughter of Stanley Ho, one of Macau’s biggest casino operators.
MGM Mirage was told by New Jersey gaming regulators last week that its partner in Macau was unsuitable and it should “disengage” itself from that partner.


Stanley Ho had made an initial investment in MGM Grand Macau, and he was suspected of ties with organised crime, which he had denied.
It may be difficult for Genting Singapore to acquire that stake in Macau as the company was questioned by Singaporean authorities of a proposed joint venture with Stanley Ho when it bid for the integrated resort (IR) project in Singapore. Genting Singapore pulled out of that joint venture before it secured the IR project.
For that reason, it was speculated the Lim family raised cash to directly bid for MGM Grand Macau instead of through Genting Singapore.

If true in the eyes of GARMENT LPPL...understand?

GENTING : [Stock Watch] [News]

 

[Watchman]

KNN these Pinoys must have been given PRs cos lots of these Pinoy families contain dad, mum and kids. I always see quite a number of Pinoy mums already pregnant with toddler kids in tow.

These Pinoys breed like nobody's business due to their faith, mind you, they will soon outdo the Ah Tiongs & Ah Nehs who usually have just one kid.

Why is our country supporting pinoy lose breeding programme ?

 

[postnew]

S'pore's new place of workship

Singapore's Genting casino

Montreal Notre-Dame Basilica

 

[cocobobo]

Why is our country supporting pinoy lose breeding programme ?

i think its just the pinoy culture. i worked in the US and middle-east where conditions are tough for those pinoys earning low salaries, but somehow they still find ways and means to have kids there.

 

[Tiu Kwang Yew]

people say 500,000 thronged the place during the opening , true or not.

but how cum no PAP ministers there to cut ribbons.

No matter what , the casinos curse is still there whether you are in French or spain.

as long as casinos are there, no one can escape the truth, you ask for it, you pay for it.

Blakang mati---misti mati !