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Genting Sing
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GenSp starts to move up again
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benjitan
Member |
04-Aug-2010 17:27
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Announcement by Genting 4Aug2010: We refer to our announcements dated 10 June 2010 and 30 June 2010, wherein we had announced that GENM’s indirect wholly-owned subsidiary, Genting New York LLC (“Genting NY”) had submitted a formal bid to the New York State Division of Lottery (“New York Lottery”) to develop and operate a video lottery facility at the Aqueduct Racetrack in the City of New York, United States of America (“Project”). On 3 August 2010, New York Lottery announced that its evaluation committee has unanimously recommended to the New York Governor that Genting NY be awarded the New York video lottery licence for the Project. Genting NY’s proposal included US$380 million as an upfront licencing fee. The recommendation will have to be approved by the New York Governor, the Temporary President of the New York State Senate and the Speaker of the New York State Assembly before the video lottery licence can be awarded. The video lottery facility at the Aqueduct Racetrack, to be called Resorts World New York, will contain 4,500 electronic slot machines, also known as video lottery terminals. Resorts World New York will also include a grand entrance featuring a three-story atrium with a spectacular water show, enclosed skyway pedestrian bridge linking to the mass transit system of New York , 450-seat two-storey festive casual dining promenade, two high-end restaurants, a sports bar restaurant and lounge and parking facilities for 7,000 cars including a 2,200 car garage. Genting NY will work closely with the relevant parties, including the operator of the Aqueduct Racetrack, the New York Racing Association and expects to open the preliminary phase of Resorts World New York 6 months after the licence has been awarded. |
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niuyear
Supreme |
04-Aug-2010 15:57
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Children pay $2000 membership fee for parents to enter Casino, These are the people usually with good earning power. Old folks dont need a lot of money to play at the 2 cents slot machines . At the level these old folks are playing, they dont bet big, and it is the small bet players usually get the most chances to see those ''BIG bonus" appearing infront of them pretty often . :)
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hlfoo2010
Veteran |
04-Aug-2010 15:49
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Dont WE will be one soon ! If they can eat, walk,chatting and play, their children should be glad. If they can happy their children should be more happy and lucky. Many old folks cant do that. |
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alooloo
Veteran |
04-Aug-2010 15:33
Yells: "I am not young enough to know everything. " |
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no worry! Singapore >10% population are millionaires...
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yummygd
Supreme |
04-Aug-2010 15:13
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wah e worlds most ex old folks home wor
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chic_chic
Member |
04-Aug-2010 14:48
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Hi, I am kind of new here…. Can anyone explain what is the definition of share placement? Does it affect the share price if this bcums effective?
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hpong5
Master |
04-Aug-2010 14:16
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Ya...unloading and shorting at the same time. They should know something about the implications the placement will bring.
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cathylmg
Elite |
04-Aug-2010 11:03
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Yeah. Casinos contributing free coffee. 
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AnthonyTan
Elite |
04-Aug-2010 10:52
Yells: "patience" |
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BBs unloaded plenty plenty shares yesterday (03.08.10) @$1.28/1.30. Now. many ppls are carrying the babies. Cheers and good luck to those who bought yesterday. |
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niuyear
Supreme |
04-Aug-2010 10:51
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I saw numbers of happy looking older folks (age 70+) playing by the 2 cents slot machines and drink kopi and eat at the eateries, with friends, chatting for hours etc......Its good that they have some place to go rather than staying at home alone by themselves.. In this way, this casino does contribute to the society of sigapore in a small way...........lol!
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bishan22
Elite |
04-Aug-2010 10:49
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Market today quite dead. Will take free transport to Sentosa and try luck there. Ke ke. 
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AnthonyTan
Elite |
04-Aug-2010 10:43
Yells: "patience" |
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Very good for the gahman.Levy collected will increase further.
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niuyear
Supreme |
04-Aug-2010 10:23
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Genting has become old folks home...............LOL!!! Got people drive their parents to the casinos from Monday to friday, and leave their parents there, pick them up after work. The whole casino helps look after the old folks , incase anything goes wrong, got sercurity guards, got gamblers, dealers there to look after them.................hahahah! |
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dealer0168
Elite |
04-Aug-2010 09:50
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Ya, n its debts is still running high also. Still more than 10 days b4 its results announced. It may not progress far upwards now. It may drop back & come back up if its qtr results are good. |
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victorf
Master |
04-Aug-2010 09:44
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Genting is a "WILD HORSE" now....it will not run according to script by traders....the share may go either way....it may re-touch previous high and touch new high.....or it may re-touch one dollar....no one knows and it is a million dollar question....however, the chances of share placement may not be high as the sale of the UK unit already generates substantial cash to the counter....having said that the ball is in the court of the owner....not the trader now....let's watch then....good luck :) | ||||
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dealer0168
Elite |
04-Aug-2010 09:37
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Haha, if again, than quite dillute leh........ Yo, than 0.80 maybe seen again |
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hlfoo2010
Veteran |
04-Aug-2010 09:27
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"rumors on share placement ", what the status ???? |
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pharoah88
Supreme |
04-Aug-2010 09:13
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DiVESTMENT CASH INFLOW On TERMINATION Of 44 UK CASINO TUMOURS OPERATIONS CASH FLOW frOm SURGiNG PROFiTS
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pharoah88
Supreme |
04-Aug-2010 09:09
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trAde FREELY LiVE LONGLY
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pharoah88
Supreme |
04-Aug-2010 09:03
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louis_leecs ( Date: 04-Aug-2010 00:32) Posted:
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