When you walk into the casinos, you already lost $100, then at each stalls, most players will stand to loose out, because casinos bet in a way that the banker always had that 70% of wining you.
4D and TOTO already make Singapore pools one of the richest pools in Asia, imagine each casino stall is like another 4D counter, how to loose??? And if you look at Casino business, you dun even need to buy raw material or do any stupid manufacturing and production, just create the nice ambience atmosphere, get the right people in and i bet the return of investment can be more than 80% gain.
In taiwan, there are small casinos all over the country, some legal and some illegal, as one of relative worked as a casino supervisor said that the trick lies in the ambience and lighting, once you entered, it will urge you to gamble and that even if you are losing big, you still enjoy it. Until, you are out of the casinos, then you realise your loses.
pls continue your story...I believe it wasn't finished.
Originally posted by Genie99a:I think the casinos should not fail... however how big it is of benefit to the economy is questionable.
I have a gut feeling it is overhyped but I could be wrong.
Kind Regards
Genie
Hmm overhyped yes but that only make things look worse. You see there's a strong reason why North Koreans are made to believe in the divinity of their leaders which is an extreme exaggeration. I personally can't wait to see how it goes after say 8-10 years down the road.
Kind regards :-),
Mikhael
Originally posted by Miracles&Prophecies:pls continue your story...I believe it wasn't finished.
Safra and NTUC is the only legal jackpots gambling in Singapore, and it is their most profitable dept, infact, they have to switch that profit to support the other dept like gyms, clubhouse etc etc...
Day dream that these casinos will go away. LV , Macau all grow bigger and bigger and bigger...
What an idiot to believe that the casinos are here to attract the PRC or the Indian.These places are build to suck the locals and many good Singaporean will turn bad. Trust me, wait till you see those bus load of people disappearing from Goldenmiles heading to Genting, you surely know where to find them. Tell me which Casino in the world survive on tourist or foreigner?
I have only one suggestion. Ask God to put a curse to yourself if you break your vow to walk into these casinos one day. It better to die fast than slowly agonising your entire family.
Wont fall lah!
Originally posted by likeyou:Wont fall lah!
Of course won't fail. Garmen will just pump in more money if it's gonna fail.
Originally posted by ☃®:In 2008, the commercial casino industry employed more than 375000 people: more direct employees than the U.S. automobile industry, software manufacturers ect.
It is a fast-paced and exciting industry, offering a multi-faceted corporate environment with extremely diverse career possibilities ranging from architecture and accounting to hotel management, computer science and information technology.
Gaming industry employment has brought significant benefits to employees beyond wages, including health insurance, job skills and training, and access to day care, according to the 1997 Gaming Industry Employee Impact Survey by PricewaterhouseCoopers. The same survey found that gaming industry employment also benefited local economies by lowering public assistance payouts, increasing sales of homes, cars and major appliances, and increasing charitable giving and volunteerism.
i had once wrote that the IR will create jobs which is true. however i think the size of the 2 IR may not be able to generate enough cash flow to cover the operating cost. Return on investment infact maybe a loosing streak because of the overly large capital investment .
What may happen is that it may end up being a medicore resort....because if the resort could not continue to attract stream of really firlty rich individual to come and spend than whats left are the foreign workers of Ah Beng that work here and spend here.
What would most likely benefit is the Sex trade industry.....and encourage human trafficking...which is already common in Asia.
We are now working towards being a #1 World Class "SIN" city....
Originally posted by Arapahoe:i had once wrote that the IR will create jobs which is true. however i think the size of the 2 IR may not be able to generate enough cash flow to cover the operating cost. Return on investment infact maybe a loosing streak because of the overly large capital investment .
What may happen is that it may end up being a medicore resort....because if the resort could not continue to attract stream of really firlty rich individual to come and spend than whats left are the foreign workers of Ah Beng that work here and spend here.
What would most likely benefit is the Sex trade industry.....and encourage human trafficking...which is already common in Asia.
We are now working towards being a #1 World Class "SIN" city....
Originally posted by angel7030:
Safra and NTUC is the only legal jackpots gambling in Singapore, and it is their most profitable dept, infact, they have to switch that profit to support the other dept like gyms, clubhouse etc etc...
Originally posted by Miracles&Prophecies:
???
That is not continuation...
Do you honestly think she can held a continuation conversation?
i saw LYK at RW on wednesday...
he dont look happy lei.
hmm..
ya all wrong.....the italian mafia will corner those richer sporeans who mostly werk in gov or big companies in spore.........
Originally posted by furb:Of course won't fail. Garmen will just pump in more money if it's gonna fail.
Yeap!
After all the hardwork, govt will never let the casino fall.
who will walk of the casino shouting
winner winner chicken dinner?
Originally posted by Miracles&Prophecies:Hmm overhyped yes but that only make things look worse. You see there's a strong reason why North Koreans are made to believe in the divinity of their leaders which is an extreme exaggeration. I personally can't wait to see how it goes after say 8-10 years down the road.
Kind regards :-),
Mikhael
Should be the same... There will always be third world people that think that Singapore is heaven
That will be the new labour force of Singapore. The original inhabitants can either compete or complain.
Dun rly matter.
Kind Regards
Genie
Originally posted by Airforceone:So what if Casino fails, our government already collected revenue thru Land sale, Taxes and very soon ERPs!
4 new ERP gantries
Thu, Jan 14, 2010
AsiaOneSINGAPORE – A new road system in the Marina Bay area will be completed soon to serve the Marina Bay Sands Integrated Resort and the Marina Bay Financial Centre this year, the Land Transport Authority (LTA) announced on Thursday.
The road network will present another option for motorists to enter the Central Business District (CBD) – with a cost. Four new ERP gantries will be put up to deal with the expansion of the CBD area.
The first ERP gantry will be located along Bayfront Avenue leading towards Temasek Boulevard. Another gantry on the other side of Bayfront Avenue will also be erected.
The third and fourth gantries will be located at Marina Way and Marina Station Road leading into Central Boulevard.
I assumed is not like a cash injection but thru extension of credit.....so it is a inflating of property market and of course once you built such a Big structure and such a high profile debate in Singapore. it is hard to tear down such a Landmark before making a political sucide if it fail.....
Big project many heads will drop after opening....
The matter is, when casinos, the govt will say that Singapore fail, not they fail ya, you got to get this clear first. And if casinos really fail, the govt would raise the cost of living higher, increase Gst, tax, ERP, etc etc as high as possible to recuperate the lost, because it is you, the citizen faults. In the first place, why you dun stop the govt from doing it???
But dun worry, so far in this world, i have never seen a casino failed ya, illegal one maybe, but all legal ones are making money.
Originally posted by angel7030:The matter is, when casinos, the govt will say that Singapore fail, not they fail ya, you got to get this clear first. And if casinos really fail, the govt would raise the cost of living higher, increase Gst, tax, ERP, etc etc as high as possible to recuperate the lost, because it is you, the citizen faults. In the first place, why you dun stop the govt from doing it???
But dun worry, so far in this world, i have never seen a casino failed ya, illegal one maybe, but all legal ones are making money.
Many opposed to the opening of the casionos and they are aware of it but ignore and go on to build it. Where were you when this happen?
Originally posted by angel7030:The matter is, when casinos, the govt will say that Singapore fail, not they fail ya, you got to get this clear first. And if casinos really fail, the govt would raise the cost of living higher, increase Gst, tax, ERP, etc etc as high as possible to recuperate the lost, because it is you, the citizen faults. In the first place, why you dun stop the govt from doing it???
But dun worry, so far in this world, i have never seen a casino failed ya, illegal one maybe, but all legal ones are making money.
Not citizen fault lah, even local protest, govt will also go ahead to built casino lah. Asking for feedback is just for a show show only.
Casino fail; macau?
Originally posted by likeyou:
Not citizen fault lah, even local protest, govt will also go ahead to built casino lah. Asking for feedback is just for a show show only.Casino fail; macau?
If casinos fail, the number of people dislike the govt will increase, they will condemn them.
If failed, more pple will go jobless and more pple taking up the course will become useless....that is scary!
Originally posted by likeyou:If failed, more pple will go jobless and more pple taking up the course will become useless....that is scary!
and the govt can slap themselves
Originally posted by Fantagf:
and the govt can slap themselves
Those ministers in charge will boot out.