The answer: Yes and No.
Yes ~ physical casinos will give way to On~line gaming over the next decade if on~line infrastructure continues to grow. There’s no restrictions on entrance fees and or Exclusions.
No ~ if casinos are given more flexibility to grow Junket market as well as domestic mass market…
Media report (ST) extracts
Commented by Professional Ground gaming experts.
There’s no hope for Genting Singapore casino to improve its performance in the 2H 2014.
Main reasons due to,
~ there’s a very small VIP market in SE Asia. Mainly the pool of players demand for extended credits on chips.
~ Main junket pools from China and Hong Kong won’t spread their key resources and high value players to Singapore.
~ The IMAs (International Marketing Agents) in Singapore are quite useless, sad to say. They are unable to build, develop and sustain pools of player syndicates.
~ Singapore gaming jurisdiction does not favour Macau style casino VIP business.
All factors considered, Singapore gaming jurisdiction will find it real hard to grow its revenue pie.
Professional Ground DECODER 