Skip to main content

Sentosa casino cutting it a little too close?

SINGAPORE, May 30 — With just months to go before it is scheduled to open its doors, Resorts World at Sentosa may be finding itself in a bit of a pickle. First, its much-publicised world tour to recruit 200 performers for its Universal Studios theme park had to be cut short because of fears over the influenza A (H1N1) virus.

Second, its holding company, Genting Singapore, has introduced new shareholders into the fold, which may well complicate the process of getting a casino licence for the integrated resort.

When contacted, a spokesman for the resort said it would open its four hotels and Universal Studios as planned by the end of March next year.

Its audition team toured Singapore, Kuala Lumpur, Hong Kong and Manila and had six more cities to go before it returned on May 17. It had aimed to get all performers here in October for rehearsals. Its spokesman said that the team was recalled because of travel health alerts issued in the light of the contagious H1N1 virus. Another factor was “the large crowds that will gather at the auditions”, raising the chances of infection.

A bigger step is obtaining a licence from the Casino Regulatory Authority to operate the casino. It can apply for the licence only when 50 per cent of the resort is completed and 50 per cent of the funds spent.

The Straits Times understands it has yet to apply for a licence. The casino-resort declined to say when it would do so.

Its spokesman said: “We will apply for the licence only when the criteria are fulfilled.”

The authority can be expected to do what is known as “probity checks” to ascertain the company's owners, background, accounts and business links to other operations before awarding the licence. However, it has given no indication of how long this will take.

On Wednesday, Genting's Lim family sold its entire 9 per cent stake in Genting Singapore for S$615 million (RM1,476 million). But even after the sale, they will remain in control of Genting Singapore through its Kuala Lumpur-listed parent company, Genting.

The concern is not only over who the new shareholders are but also whether Genting will have links to other individuals and groups which might be beyond the pale.

One theory is that the family pulled out of Genting Singapore so that it could invest in MGM Mirage's Macau casino.

Given that MGM Mirage is connected to the family of gaming magnate Stanley Ho, who is alleged to have links with organised crime, the Singapore government might not look too kindly at a party with interests in both the Singapore and Macau gaming houses.

Gaming analyst Jonathan Galaviz said the Singapore government has “a very significant responsibility to ensure that the owners and executives of the integrated resorts have absolutely no unfavourable linkages”.

It is no surprise that a casino company would have an interest in Macau, he said, as it is “still a very lucrative strategic play for the next 10 to 20 years”.

Genting is the holding company for the Genting Group, which runs the Genting Highlands Resort, Sentosa's integrated resort and palm oil producer Asiatic Development.

The last time Genting's sister company, Star Cruises — then a partner in the IR — offered to sell Ho a stake in 2007, the company was questioned by the Singapore government. The possibility of a casino licence being denied was also thrown up then. — Straits Times


SEE? that's what i meant.
let's see who will be the one struggling for employees. =)

Comments

Popular posts from this blog

~Holiday Bungalow chalet so damn cheap!!~

had class today. 10am-5pm.
about roulette. -- maths. numbers. digits. calculations.

made a new frennie. kang hao [kang kang]. from another batch de.

i laughed so hard at roy. when he was dealing at a roulette table. he said "paying....[paused] paying.... [paused] paying....." lol. majiam 'hang' like that, which reminds me of that 'Japanese funny (cannot laugh) show'. so funny.....

and he blur blur o. mentioned "payment 200 carli(curry)" (instead of 'colour'). so i continued by sayin "paying 200 mutton". lol. laughed alot.

when we were in the coach going to AMK,
me & roy played 'hei bai pei'. so funni! alwaez a fun game neh.... =)

me roy vik & sumann went to AMK Hub. bought 'Happy Veg'.
den go AMK central kopitiam.
my korkor arrived soon after.
left the guys. me & korkor going to kimkoon's chalet...

reached there around 7pm. unit no. 120. Pasir Ris Road [Elias Road].
couldnt believe that da bungalow is da chale…

"Wife's hurt, but I still pity my mistress"

MISTRESS DISFIGURES HIS WIFE WITH HOT OIL,
BUT HUSBAND SAYS:

"My heart still goes out to my mistress"

This headline on The New Paper caught my eye yesterday and after reading the article, i felt so damn pissed off about that husband (who dont even fit to be one)!

Here's the shorter version:

His wife, Madam Chan Hoong Choo, 41, is badly scalded by the hot oil poured on her by his mistress, but Mr Soo Kiong Sing, 46, says he is still caught between the two women and pities his mistress.

On Tuesday, the mistress, Goh Gek Hwee, 36, was jailed 3.5 years and fined $4,500 for the attack on the morning of 18 Apr.

At about 8.30am, she forced her way into the Soos' flat and tied both Madam Chan Hoong Choo (Mr Soo's wife) and his 16-year-old daughter up.

Goh then heated some oil in a frying pan and poured the hot oil over Madam Chan's head and slowly down her body, then onto her legs.

A district court heard that Madam Chan Hoong Choo suffered burns to her face, scalp, trunk, arm…

last minute 3D2N Chalet @ The Chevrons.

finally. chalet photos uploaded.
sooooo many of 'em.

6 July 09, Monday

my korkor drove me there.
coz i've got too many stuffs to carry on my own.
gary & karyan then came to the lobby and helped me carried some.

here we come!

swimming pool & chalets.


our unit: ANGSANA (premium)



i snapped these 2 photos. and noticed.... orbs.=\





in the newly renovated bathroom.

1-person mahjong. LOL!!!! =x

the guys trying out the WET HEAD.


"hello mummy?!"

me trying out the wet head. lol.


gary came over & pulled the red stick.
luckily no water was filled.