Genting SP gets license

Resorts World Sentosa Gets Licence To Run Casino

SINGAPORE, Feb 7 (Bernama) -- The newly-opened Resorts World Sentosa (RWS), Singapore's first integrated resort with a casino, has obtained the licence from the Singapore authority to operate the casino.

RWS chairman Tan Sri Lim Kok Thay said the resort was very happy to have received the casino licence yesterday.

In a statement, Lim, who is also Genting Malaysia chairman, said this was made possible by the dedicated team, consultants, contractors and government officials, especially the Casino Regulatory Authority, "which worked tirelessly to set up the regulatory framework within a very aggressive timeline".

However, Lim did not mention when the already completed casino in the resort will start its business.

The resort, which is located on Sentosa island here, opened its doors to the public last month with the launch of four of its six hotels including Hard Rock Hotel and Crockfords Tower.

RWS is still waiting for another licence to operate the Universal Studio theme park in the resort, dubbed the biggest in Southeast Asia.

-- BERNAMA

source: http://www.bernama.com/bernama/v5/newsbusiness.php?id=474020

How you like it, turn paper into gold

Please don't learn if you totally don't know what's call warrant or warrant, it's very high risk. It could turn your hard earn money into paper.
I just did a transaction buy and sell less than 2 week time for gens-c2, how you like it ?!! more than 20% return in 2 week time

What you can do with RM10,000

In malaysia with RM10,000 what you can do with it ?
buy house, dream on ...
buy car, no way ...
maybe buy a motorbike or go fancy vacation & restaurant, 10k gone~~

What if I invest RM10,000 buy 1,000 unit with market price RM10 of Public bank share, What'll it worth after 40 years ? Another millionaire .... or multi-millionaire...

I think most of people might know about Public bank history, some history recall:
1,000 unit of Public Bank shares in 1967 until today 2009, you'll have total 129,720 Public Bank shares worth a whopping RM1.2mil. And dividend 400k paid out in gross dividends, represented a compounded annual return of 20% for each of the 40 years.
Is there any 2nd Public bank counter out there with this kind of potential for next 40 years ?
For me, I'll choose Genting International Singapore... reason why...
They target on international visitor, tourist, business man, just like las vegas but way better las vegas
because they've only 2 casino there compare to las vegas more than 100.

It can be easily stated that doing business in Singapore is better than doing business in any other place in the world thanks to the world-class regulatory environment and low taxation. With Lim family capability open a casino in singapore is a A+ move.

Plus singapore government is very kiasu and kiasi, no reason they'll let the business fail. It'll affect thousand of singaporean lose their job, millions of tax income.

One People, One nation, One singapore, One genting
We can expect 4x better because RM10,000 can buy 4,000 unit of Genting international singapore