Resorts World Sentosa's casino licence renewed for just 2 years over 'unsatisfactory' tourism performance
The standard renewal term, decided by Singapore's Gambling Regulatory Authority, is three years.
The Gambling Regulatory Authority (GRA) has renewed the casino licence of Resorts World Sentosa (RWS) for just two years, one less than the usual three.
GRA will continue to work with MTI, STB, and SDC, to ensure that RWS meets the requirement to develop, maintain and promote its IR as a compelling tourist destination," said GRA
TheTeh C : So can buy at this low price?
102074066 : Your child can walk by the age of two.
Stock Watch OP TheTeh C : can wait
Stock Watch OP 102074066 : Just a regulatory shows.... but Genting is facing another.......
TheTeh C Stock Watch OP : The last 2 times also hit .76 after that
hh488 : Regulatory body just wayang bah. If no lic granted or renew after 2 yrs, you mean no more casinos play here? Govt will not allow that.
Stock Watch OP hh488 : U are right,, just a wayang shows...
赌神加股神 : It will rise again. Represents that the market is accepting it.
romeodae Stock Watch OP : possibility of bringing in new operator?
Stock Watch OP romeodae : won't... too much money been pumped into it and too many regulations..The most is give a fine to Genting
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