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Didn't the Sands project come to a grinding halt in Macau recently?
I'm not buying it. I can't personally see how it would work in Singapore because Singapore is not a gambling destination. Macau, which is the Las Vegas of asia, has been suffering recently due to a downturn in gambling profits. The current economic climate is not going to do any favours for the gambling industry.
I don't see how it could compete with Macau. Why would people who already gamble choose to go somewhere else with only one casino and limited other attractions?
I also heard China had restricted mainlanders from visiting Macau to once every few months in order to boost their own burgeoning gambling industry. I can't see them allowing Singapore to take their business.
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Singapore: How do you think Marina Bay Sands will do?
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