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Sand's IR Doomed to Fail!

Merl Haggard

Alfrescian (Inf)
Asset
Without these multi-million dollar high-rollers from China, Sands Marina Bay & Genting Sentosa will surely not be able to survive.






Visa rules hit casino revenue


Breaking News
25th Jan 2009


By Grace Ng

IT WAS a group of Chinese high-rollers who helped bankroll Macau's success as the world's top gambling playground.

These VIP clients even had a nickname - ganbu-lers - a pun on ganbu, which means party cadres.

One of them was town chief Li Weimin, who gambled away 90 million yuan (S$20 million) embezzled from the coffers of Tangxia, one of China's richest towns.

He was sentenced to 20 years' jail in 2006, and Macau lost a big customer. But there were other big spenders to take his place.

Since travel restrictions from mainland China to Macau - the only jurisdiction in China where gambling is legal - were eased in 2003, tens of millions have answered the casino hub's siren call.

They included officials who, state prosecutors say, supplemented their monthly pay of several thousand yuan with cash from state coffers and bribes.
 
Q

Qinhuang

Guest
Big time gambling depends on rich thugs and dirty mongols, if we dont have them, the gambling den is kaput. These people flourish prostitution, without them, whores will be left on shelves.

Kuan Yew wants casinos to be run the singapore way ---what a fxxking joke, want shiok but scare of pain, where got such thing when talk about gambling.

Casinos at sentosa and marina already failed before they even started.


Without these multi-million dollar high-rollers from China, Sands Marina Bay & Genting Sentosa will surely not be able to survive.






Visa rules hit casino revenue


Breaking News
25th Jan 2009


By Grace Ng

IT WAS a group of Chinese high-rollers who helped bankroll Macau's success as the world's top gambling playground.

These VIP clients even had a nickname - ganbu-lers - a pun on ganbu, which means party cadres.

One of them was town chief Li Weimin, who gambled away 90 million yuan (S$20 million) embezzled from the coffers of Tangxia, one of China's richest towns.

He was sentenced to 20 years' jail in 2006, and Macau lost a big customer. But there were other big spenders to take his place.

Since travel restrictions from mainland China to Macau - the only jurisdiction in China where gambling is legal - were eased in 2003, tens of millions have answered the casino hub's siren call.

They included officials who, state prosecutors say, supplemented their monthly pay of several thousand yuan with cash from state coffers and bribes.
 

DerekLeung

Alfrescian
Loyal
What we usually do is .

Move their national currency maybe $40 million to roll.

We give them "after crime rebates".
Our crimminal law and prison is very private. Singaporean are very much stupid and never question.
We give them a good life in prison for moving their funds here.
Endure 10 years and get to live here. Since citizenship is given for every 6 years of stay.
No one scrutinise our prisons.
 

VIBGYOR

Alfrescian
Loyal
When a leader chooses the lesser mortal options for development, the future of the country is bleak!
 

suteerak1099

Alfrescian
Loyal
anybody seen the latest progress of the marina sands IR? looks to me, they wont make it on time for the launch this yr. give them the same deadline as resports world, i doubt they can make it on time either..........
 

VIBGYOR

Alfrescian
Loyal
anybody seen the latest progress of the marina sands IR? looks to me, they wont make it on time for the launch this yr. give them the same deadline as resports world, i doubt they can make it on time either..........

dunno about you maybe they want to delay the death of somebody big.

once it is complete that person wish will be fulfilled. Casino? over my dead body. LOL!!
 

suteerak1099

Alfrescian
Loyal
no wonder the works seem to have slowed down significantly. so that the casket of that 1 fella could be buried 6ft under.........
 
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