Genting Singapore Casino ~ Runs Out of Steam

Posted: August 16, 2014 in Uncategorized

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.


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