Marina Bay Sands IR may open in April or June next year: sources
By Ansley Ng/Satish Cheney, Channel NewsAsia | Posted: 18 December 2009 2327 hrs

SINGAPORE : The heat is on for the Marina Bay Sands integrated resort to open with a bang next year.

But with delays and escalating construction costs earlier this year, people have been left guessing when the doors will open.

Sources have told MediaCorp the earliest the resort will start operations is in April. But some industry observers said June is a more realistic date.

They said the resort is determined to open at least the casino and about a third of the rooms first - because these are considered the "high-revenue areas".

The 2,600-room resort was slated to open at the end of this year. But in July, it announced a delay to the first quarter of 2010, citing shortage of raw materials and manpower.

Some new staff have also been given letters to start work at a later date.

If this is the case, Genting sp share will go up rapidly as it will enjoy in monopoly status from 3 months up to half a year.  That's no reason for Singapore authority to keeping holding in awarding the casino license to Genting under fair competition policy (as we known Genting sp has put the best effort to complete the IR project earlier than MBS even though it has been awared the IR project later than MBS, and Chinese New Year is coming soon).  When the rumours been confirmed, it shall have another share rally for Genting sp...

First go into to LP1 page in POEMS.

When you see the list of stocks in the watchlist (default or your own selection),

right click on the stock you want to check on and then make your selection in the pop-out menu....