I believe the casino is a right decision. As it is the first in Singapore, many locals will want to "take a look" and probably try a few hands. After awhile, the novelty will wear off either by burning their hands or just got tired of it. As time goes by, people will learn to gamble responsibly and limit themselves to what they can afford.
My Taiwanese friend tells me this... a direct quote from him; "Why should I come to Casino in Singapore? If I want to gamble I will go to Macau, Singapore cannot smoke cannot easily get callgirls etc.. etc.. in Macau if I am in thick of gambling you think I want to stop and go outside to smoke? I smoke right there in Casino."
I am not sure about any Casino if they allow smoking as I have never stepped into one, do you guys agree what he said is accurate?
Anyway, my own pov is having a Casino was a bad decision.
It was a crass idea in the first place.
Anyway, I am sure all these were already considered and I guess someone must have thought the pluses outweighs the minuses, we cannot say they are right... and they too cannot say they are right... no one really knows.
The main objective for the Casino venture is not
to loose out in bringing in the tourists thus ensuring
the survival of the tourist industry.
However there was a saying about doing everything
in good faith and in the realm of being the leader in
the daring and risky endeavor.
Can the casino adopt the following?
A good objective of leadership in any kind
of commercial operation is to help those who
are doing poorly to do well and to help those
who are doing well to do even better.
And if you have children and wife, easier to let them do their own thing in Singapore than Macau.
Besides if you've that kinda money, I'm sure Thailand has "avenues" where you can indulge your gambling habits without needing to go to the airport. And Cambodia has 7 casinos that can help soothe the gambling urge : http://www.amazing-thailand.com/Casinos.html
Last edited by swampthing; 21st February 2010 at 08:09 AM.
Looks like another Suzhou Park...
Letter to the ST Forum:
"Tourists were in the minority. Inside the casino, one could not miss these work permit workers and students. They were everywhere - mingling with the crowd, sitting at the gaming tables and trying their hand at the different games and the slot machines... blue-collar workers toil under the sun to earn their limited keep, only to wager away their wages at the gaming tables. Parents spend a princely sum to send their precious children here to study, only for them to waste time in the casinos."
Business Times Report:
"Genting Singapore shares have been taking a beating, falling almost 30 per cent from its peak of about $1.30 per share a month ago to 94 cents yesterday... Citigroup gaming analysts said that it was worrying that RWS attracted only 86,000 visitors in its first four days of operations... 'In our view, this is a weak opening considering Melco Crown Entertainment's City of Dreams (in Macau) attracted about 40,000 visitors on its first day. The current run rate is 37 per cent below our 2011 visitor expectation and there remains significant downside risk to our Singapore estimates.'"
"Only" 86,000 visitors? But the news reports long queues and waiting time etc..? Isn't that a sign of overcrowding already?......... hmm..
btw, can't figure out why they allow WP holders and students ("residents") while denying free access by Citizens and PRs.. If potential social problems were a concerns, aren't these 2 groups with limited income a potential cause for concern too? What would happen if these WP holders or students who might have borrowed $$$$ to come to SGP only to donate it to the casinos at the table?
Are citizens or PRs more prone to gambling induced social ills then foreigners?
If they wanna restrict, should restrict WP holders and students too..
Last edited by Limsgp; 22nd February 2010 at 08:20 AM.
Overcrowding might be more due to bad crowd control
Also not all the tables were open then
A taxi driver told me that all the tables were opened up this weekend though
Anyway the business times report is interesting because as it states, even though lky said that the casino made 3.5+ mill each day on its opening days, that's actually below expected performance level...
i never understand why people gamble. especially when all the odds are set against you. In long run you will never win in a casino.
blackjack lose: 47.89% provided u know how to play
rouette: house edge 5.26%
dont even think of slots....you can never win them there
The only exception is Poker, where casino can only take rakes (something like a service fee for them to deal u cards).
Surprised to read in TNP about kids being left outside the casino while parents play inside the casino. Shouldn't there be a movie theater or arcade so that they can spend time safely away?