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Old 07-23-2018, 07:14 PM
 
Location: Macao
16,087 posts, read 38,433,774 times
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Guam...I'm going to guess many dealing with a large influx of Okinawa American GIs relocating? Hard on the infrastructure? Isn't there some invasive species in Guam now too - some frog or snake?

Saipan...don't they have a large chinese-owned casino that is making people talk about it becoming the next Macau?

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Old 07-24-2018, 09:33 AM
 
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What is Saipan?
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Old 07-24-2018, 06:47 PM
 
Location: San Diego CA
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Well.Guam's had a sizeable American presence for years beginning with the Vietnam war. I don't know if more military from Okinawa would necessarily be negative. Additional military brings in more money and jobs.


Are you talking about the two islands competing for the tourist dollar? Guam has become a tourist magnet for the Japanese especially honeymooners. Saipan currently doesn't have the tourist infrastructure in place to be a competitor but things could change.
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Old 07-25-2018, 01:16 AM
 
Location: Macao
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Quote:
Originally Posted by Branal View Post
What is Saipan?


Saipan is the other American Territory, much like Guam, out in the Pacific Ocean.
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Old 07-25-2018, 01:20 AM
 
Location: Macao
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Quote:
Originally Posted by msgsing View Post
Well.Guam's had a sizeable American presence for years beginning with the Vietnam war. I don't know if more military from Okinawa would necessarily be negative. Additional military brings in more money and jobs.


Are you talking about the two islands competing for the tourist dollar? Guam has become a tourist magnet for the Japanese especially honeymooners. Saipan currently doesn't have the tourist infrastructure in place to be a competitor but things could change.
Any discussion is an interesting discussion - positive or negative for more military, etc. All good. I just notice many people have different opinions, so it's all interesting to hear.

TOURISM...another interesting topic. I was looking at SAIPAN youtube videos and google maps...yeah, it doesn't seem like it has much...at least not now. It looks very rural. GUAM does have a 'closer to hawaii' look, probably due to the tourism - i.e. the beach development and some of the Islander type dance shows for tourists...

I don't know much about Saipan yet, but among the Chinese, they call it "The Next Macao", as apparently some large Chinese casino contracts have been signed, and bringing in a lot of Chinese and money to that particular island.
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Old 07-28-2018, 07:45 PM
 
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Quote:
Originally Posted by Tiger Beer View Post
Any discussion is an interesting discussion - positive or negative for more military, etc. All good. I just notice many people have different opinions, so it's all interesting to hear.

TOURISM...another interesting topic. I was looking at SAIPAN youtube videos and google maps...yeah, it doesn't seem like it has much...at least not now. It looks very rural. GUAM does have a 'closer to hawaii' look, probably due to the tourism - i.e. the beach development and some of the Islander type dance shows for tourists...

I don't know much about Saipan yet, but among the Chinese, they call it "The Next Macao", as apparently some large Chinese casino contracts have been signed, and bringing in a lot of Chinese and money to that particular island.
The casino in Saipan is basically a loophole for wealthy Chinese to transfer currency out of China. China, in the last few years, put in currency controls to make it difficult to transfer capital out of China. As a result, a Chinese junket is building the casino. IIRC, the way it works is a wealthy Chinese person goes to one of the junket's offices in major Chinese cities and wires them a large sum of Chinese Yuan. The junket then gives them credit in US Dollars in the Saipan Casino, minus 20 or 30% that is counted as 'Casino loses.' My understanding is many don't actually play, they just cash out in US Dollars when they reach Saipan and then they can transfer the USD wherever the want. That's why the casino is netting $2billion/month in 'house take,' even though it's just a tiny gaming room. It not actually gambling losses, it's essentially fees for currency transfer, but I think is structured as gambling losses for legal reasons (More on the Chinese side than US). I read this article a while back, but it sums it up well:

https://www.bloomberg.com/news/featu...ece-of-america

If China goes back to its older, less stringent currency controls, that Casino is done. Other than the Casino, the challenges for Guam and Saipan are the same as they've ever been, isolation, tourist traffic and the many imported supplies all very dependent on jet fuel costs and the global economy in general, corruption and nepotism in government, lack of qualified individuals to do jobs and appointment of unqualified relatives to take government managerial positions, poverty, strained health care systems, strained utility systems, natural disasters (primarily typhoons and earthquakes), environmental degradation, and illegal overfishing by both locals and fishermen from other countries trespassing in US waters.

As for things that look good for the island, more military will further prop up Guam's economy. Tourism is a big industry in Saipan as well. Guam gets mostly Japanese tourist. Saipan gets a lot of Chinese and Korean tourists, and some Russians from Eastern Russia as well. There is pretty good tourist infrastructure in both, but the nice thing about Guam is most of the hotels and tourist shopping is concentrated in Tumon Bay, so you kind of get a mini-Wakiki effect. Saipan has several large tourist resorts, and while 3 or 4 are in Garapan, the rest are spread throughout several miles of the West Coast of the island along the Lagoon. It's much more spread out, so other than a couple of blocks in Garapan, you really don't get the concentration like you do in Tumon.
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Old 07-29-2018, 09:06 AM
 
Location: Macao
16,087 posts, read 38,433,774 times
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Quote:
Originally Posted by Texamichiforniasota View Post
The casino in Saipan is basically a loophole for wealthy Chinese to transfer currency out of China. China, in the last few years, put in currency controls to make it difficult to transfer capital out of China. As a result, a Chinese junket is building the casino. IIRC, the way it works is a wealthy Chinese person goes to one of the junket's offices in major Chinese cities and wires them a large sum of Chinese Yuan. The junket then gives them credit in US Dollars in the Saipan Casino, minus 20 or 30% that is counted as 'Casino loses.' My understanding is many don't actually play, they just cash out in US Dollars when they reach Saipan and then they can transfer the USD wherever the want. That's why the casino is netting $2billion/month in 'house take,' even though it's just a tiny gaming room. It not actually gambling losses, it's essentially fees for currency transfer, but I think is structured as gambling losses for legal reasons (More on the Chinese side than US). I read this article a while back, but it sums it up well:

https://www.bloomberg.com/news/featu...ece-of-america

If China goes back to its older, less stringent currency controls, that Casino is done. Other than the Casino, the challenges for Guam and Saipan are the same as they've ever been, isolation, tourist traffic and the many imported supplies all very dependent on jet fuel costs and the global economy in general, corruption and nepotism in government, lack of qualified individuals to do jobs and appointment of unqualified relatives to take government managerial positions, poverty, strained health care systems, strained utility systems, natural disasters (primarily typhoons and earthquakes), environmental degradation, and illegal overfishing by both locals and fishermen from other countries trespassing in US waters.

As for things that look good for the island, more military will further prop up Guam's economy. Tourism is a big industry in Saipan as well. Guam gets mostly Japanese tourist. Saipan gets a lot of Chinese and Korean tourists, and some Russians from Eastern Russia as well. There is pretty good tourist infrastructure in both, but the nice thing about Guam is most of the hotels and tourist shopping is concentrated in Tumon Bay, so you kind of get a mini-Wakiki effect. Saipan has several large tourist resorts, and while 3 or 4 are in Garapan, the rest are spread throughout several miles of the West Coast of the island along the Lagoon. It's much more spread out, so other than a couple of blocks in Garapan, you really don't get the concentration like you do in Tumon.
I have noticed that mini-Waikiki effect (on youtube)! Looks fantastic!
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Old 08-09-2018, 07:08 PM
 
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Guam may be only 210 square miles with a population of around 175,000,but the island does have some infrastructure problems with electricity and I believe roads,but I know the Local Government is trying to address these issues.

The biggest problems with invasive species in Guam is the brown tree snake,but you rarely see them and they aren't deadly if you get bit.

I think Saipan does have a few Casinos and it's a much slower pace than life in Guam.


I just wanted to add a few info about Guam and Saipan,since most people don't know anything about these islands.

Guam is a U.S Territory and Saipan is part of The Commonwealth of The Northern Marianas Islands...Both islands are a part of The Marianas Archipelago and both islands are U.S Possessions....The people born on these islands are U.S Citizens and the Native People are called Chamorro's and the Native Language is also called Chamorro...English is also widely spoken.

Guam and The Commonwealth of The Northern Marianas Islands in my opinion have enormous economic potential because of their strategic location to nearby Asia and Australia and because they are American Territories,which is why these islands have one of the Highest Quality of Life in the Western Pacific.

Here's a few links I wanted to share with you below.

https://www.guamvisitorsbureau.com/

https://en.wikipedia.org/wiki/Guam

https://mymarianas.co/

https://en.wikipedia.org/wiki/Northern_Mariana_Islands

https://en.wikipedia.org/wiki/Territ..._United_States


Quote:
Originally Posted by Tiger Beer View Post
Guam...I'm going to guess many dealing with a large influx of Okinawa American GIs relocating? Hard on the infrastructure? Isn't there some invasive species in Guam now too - some frog or snake?

Saipan...don't they have a large chinese-owned casino that is making people talk about it becoming the next Macau?

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Old 08-10-2018, 01:11 PM
 
Location: Northern California
3,700 posts, read 13,692,729 times
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Was in Saipan last year and saw the construction of the Imperial Palace casino. There was a 12 or 15 story steel frame tower being built near the beach and a gaudy almost tasteless casino. www.imperialpacificsaipan.com/en
There are other hotels along the beach including Hyatt and a duty free outlet mall nearby with a Hard Rock casino Hard Rock Cafe Saipan - Saipan Restaurants - Saipan Dining

There sure are a lot of Japanese, Korean and Chinese tourists visiting Saipan. I also noticed that Garapan has quite a few "spa" or massage parlor businesses.
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