Genting International was awarded Singapore’s second casino resort contract, beating competition from Kerzner International and Las Vegas-based Eighth Wonder.
Government officials said that Genting’s £3.38 billion bid with Star Cruises was chosen largely because of its ability to attract ‘new and repeat tourism’ as well as raising Singapore’s profile as a family destination.
The island’s deputy Prime Minister, S Jayakumar went on to call Genting bid “the most compelling proposal overall that best meets our economic and tourism objectives.”
Singapore reversed its ban on Online Casino Singapore last year and awarded it first contract earlier this year to Las Vegas Sands Corp, which itself is building a $3.6 billion casino resort, due to open in 2009.
Genting’s Resorts World at Sentosa is earmarked to open a year later in 2010 and is expected to contribute S$2.7 billion to the economy by 2015 according to trade minister Lim Hng Kiang.
Lim Kok Thay, chairman of Genting International, said in a statement: ‘’We are extremely delighted to have been chosen and are very excited and honoured to be entrusted with the great task of taking Singapore’s tourism sector to the next level.’’
Industry analysts said that Asian countries such as Thailand and Japan were now ‘highly likely’ to open up their own markets to large casinos.
All In for Online Casino Singapore Gambling School in Singapore
In preparation for the super casinos that will rise in Singapore by 2010, the city country already identified the need to develop the human resource needed in runing these super casinos.
It doesn’t exactly look like Casino Royale, tucked into a far corner of a hardly glamourous shopping centre far from Singapore’s glitzy Orchard Road.
The smell of fat used by cheap food stalls lingers in the air, and the array of shops offer kitsch and knick-knacks at bargain prices.
But behind the thick glass door and past wood-panelled walls and heavy, upholstered chairs waits everything that makes a passionate gamblers’ heart beat faster.
There are roulette, blackjack and baccarat tables, poker games and chips as far as the eye can see.
But none of the players are James Bond imitators, nor are the vast sums being bet on the tables genuine: Real money is taboo in this casino.
The dealers are freshmen practising the arts of sorting chips, spinning roulette balls and shuffling decks of cards – students at Singapore’s first casino school, gearing up for the approaching casino era in the city-state.
Ignatius Sharma stands at the roulette table and juggles a tall stack of chips from one hand to the other without dropping a single one.
He pushes 10 stacks of 20 chips each across the table, first with his left hand, then with his right. None of the stacks topples.
“Now four stacks of 20,” Sharma advises his students, and the future dealers must follow his order, using precise finger movements to push the stacks across the table.
“Now six, then eight!” Sharma instructs. Students who topple any of their stacks must start from the beginning.