Asia, economically, is offering amazing opportunities for growth in terms of disposable income and new customers. Companies that don't have exposure to Macao are going to be very interested in Singapore. It will be the largest, the most skilled, best-capitalized casino companies which will likely be awarded the license.
More Quotes from Sean Monaghan:
At the end of the day, it's the Government that will make the decision, not the media or the public.Sean Monaghan
A lot of companies put their hands up initially, but the winner has to be a company that is very good at maximizing every necessary component of the casino-resort. Very few companies are good at that.
Sean Monaghan
The (Singapore) government is conscious that the region will be very different by the time the casinos begin operating in 2009.
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It is a very large investment and certain casino companies just cannot afford it.
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The winning bidder will provide the lowest execution risk to the Singapore government.
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