Legalized since 2005
“To remain competitive in the Asian market”
Resorts World Sentosa & Marina Bay Sands opened in 2010
Asian Pearl’s Competitors
Visitor No. & Expenditure
11.6 million visitors in 2010
SG$951 average spend per capital in 2009
16 millon visitors in 2014
SG$1200 average spend per capital
Positive Tourist Receipts
49% in tourism receipts in 20
Ⅰ. Introduction of the Entire Project
Today, casinos have been legally and socially accepted and fostered in many international tourism countries such as the United States, the United Kingdom, France, Germany, Spain, and Switzerland, because they generate employment, income, and tax revenues and stimulate the regional economy.
In 1967 Korea’s first casino opened at the Olympus Hotel i
II. Industry Analysis & Company Analysis
1. Industry Analysis – Casino Industry
Today, casino is not just gaming. Gambling is a business, a very big business. To access to casino in business term and to analyze finance information and tendency of them, we need to know about casino industry first.
1) Concept of casinoCasino is a kind of game to win or lose money using something va
acquisition, Summerfield Suites. Again the seller was the Blackstone Group. Blackstone had inherited Summerfield Suites from its purchase of Wyndham International. Summerfield Suites will be rebranded as Hyatt Summerfield Suites and positioned to compete in the upscale extended stay market against brands such as Residence Inn, Homewood Suites and Staybridge Suites.
On August 6, 2009, it was repo
casino.
ii. International businessmen- song-do area has international business center, so if some convention, conference hold in song-do, so many business man will visit song-do.
iii. VIP high rollers from china - we will attract rich customers who from china because of near location from china and airport, they can easily approach in our casino. So they can play game during weekend, even th