Thursday, June 01, 2006
Las Vegas Sands, the world's largest casino firm by market value, expects its Singapore casino to reach break even within five to eight years after the start of operations, an executive said on May 30.
"Depending on how well we do, we expect to break even in five to eight years," Las Vegas Sands chief operating officer William Weidner told reporters.
"Of course I hope we do a lot better than that."
The firm, which runs the Venetian in Las Vegas and a successful Macau casino, last week won the 30-year concession for the first of Singapore's two planned gambling resorts after promising to invest more than US$3.2 billion (RM11.59 billion) in what will be the world's most expensive casino. -- Reuters
Of course less than 10 years to break even, thanks to donnation from Global gamblers!
By calculation, its means 99% of them will lost and maybe only 1% of them will get small money from the CASINO.
So, Who would like to contribute more to this WORLD'S MOST Expensive CASINO at SINGAPORE?