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Coffeeshop Chit Chat - Singapore RWS Casino</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>expertir <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Apr-1 10:52 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>30984.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Striking Headline : ¡§SHOW ME THE MONEY!¡¨ 
Now analysts have finally run out of patience with Resorts World Sentosa casino, Singapore¡¦s first to open integrated resort.
To summarize what analysts have commented as reported by Business Times, there are the following key pointers:
¡V That RWS casino failed to demonstrate its capacity to capture casino patrons after more than one month in operation. The casino only mans slighly >200 gaming tables out of total capacity of 700. Even then, for non-peak periods the table ultilazation rates are way too low. Back-betters / watchers syndrome (i.e. crowd around gaming tables, delay the pace of the game, yet most do not bet) in which also been observed by analysts to be a serious problem.
¡V That RWS is unlikely to achieve viable casino revenue based on what the analysts had earlier projected. Now analysts even started to doubt that Singapore could achieve a lower casino revenue of $2.8b instead of the expected $3.5b ¡V $4b by 2011.
¡V That when Marina Bay Sands opens, cannibalization of patrons will most likely to happen, further dilute RWS¡¦ casino revenue. Especially that MBS is located more centrally next to the business district and the populated water-front area.
Is this the final verdict? Our panelists suggest that if Resorts World Sentosa were to continue its below-par standard of performance into the 2nd half of this year, then Marina Bay Sands will become the ultimate market leader, commands a larger market share in casino revenue. That will put RWS into the corner.
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Now analysts have finally run out of patience with Resorts World Sentosa casino, Singapore¡¦s first to open integrated resort.
To summarize what analysts have commented as reported by Business Times, there are the following key pointers:
¡V That RWS casino failed to demonstrate its capacity to capture casino patrons after more than one month in operation. The casino only mans slighly >200 gaming tables out of total capacity of 700. Even then, for non-peak periods the table ultilazation rates are way too low. Back-betters / watchers syndrome (i.e. crowd around gaming tables, delay the pace of the game, yet most do not bet) in which also been observed by analysts to be a serious problem.
¡V That RWS is unlikely to achieve viable casino revenue based on what the analysts had earlier projected. Now analysts even started to doubt that Singapore could achieve a lower casino revenue of $2.8b instead of the expected $3.5b ¡V $4b by 2011.
¡V That when Marina Bay Sands opens, cannibalization of patrons will most likely to happen, further dilute RWS¡¦ casino revenue. Especially that MBS is located more centrally next to the business district and the populated water-front area.
Is this the final verdict? Our panelists suggest that if Resorts World Sentosa were to continue its below-par standard of performance into the 2nd half of this year, then Marina Bay Sands will become the ultimate market leader, commands a larger market share in casino revenue. That will put RWS into the corner.
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