Genting Singapore’s Situation Is nothing Surprising

Posted: September 16, 2014 in Uncategorized


Comments by Professional Ground panel of experts

Why Genting Spore Can’t Pull It Off?


Besides the above news report extracts, here’s our panelists view:
~ no more extra money coming from the Chinese officials through Junket network for IR casinos.
Chinese gov. has tightened up the flow of the underground banking channel through southern China region.

~ the mid~range so called Premium Market has been sucking up the casino credit (look at the casino credit debt). Yet casino is not able to improve its Hold % over this pool of premium wagering. Debt collection is also not effective.

~ the mass market share has hit its ceiling long time ago… this Southeast Asian mass market isn’t that big after all. Only 1/10 of Macau enclave.

What else is left to say?


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