Tuesday, April 27, 2010

Genting Singapore Plc : The Competition Starts Now...-27/04/2010

Marina Bay Sands opening today. Marina Bay Sands (MBS) will open its first phase with 963 out of 2,560 hotel rooms, a portion of its shopping mall, restaurants and the Sands Expo and Convention Centre, the event plaza and the casino today. The Casino Regulatory Authority issued a casino licence to MBS yesterday, 26 April 2010. Although the casino licence has been awarded to MBS, recall that RWS needed a few days to reset the systems back to zero and to get the real “chips” ready before it could officially open, and the casino only opened a full 8 days after the licence was awarded. If we assume a like-for-like scenario, it could be possible that MBS may only be able to open the casino in a few days time.

Genting Singapore Plc : The Competition Starts Now...-27/04/2010

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