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ethereumhunter

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Quote from: Mr. Magkaisa on February 13, 2023, 01:51:32 AM

- This casino is huge, it seems like a day is not enough for me to go around it one by one to fully enjoy what it has here. That's for sure everyone who comes here is rich for sure.

And the security here is also strict, you will encounter many gamblers who are experts and not. So in truth, I can't afford to go there just to gamble and experience what's there. That's just for a lot of money.

I doubt there are many skilled gamblers because they could be some rich people who come to the casino just to have fun and talk to their friends. The casino is only devoted to rich people because seeing the buildings and the many gaming equipments makes me feel that only people with a lot of money can access and play there. It's possible that for one round, it will be different from the usual casino because it gathers very rich people who want to play with their money.

Mr. Magkaisa

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- This casino is huge, it seems like a day is not enough for me to go around it one by one to fully enjoy what it has here. That's for sure everyone who comes here is rich for sure.

And the security here is also strict, you will encounter many gamblers who are experts and not. So in truth, I can't afford to go there just to gamble and experience what's there. That's just for a lot of money.

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Quote from: Betwrong on February 12, 2023, 04:21:40 AM

-snip-

We disagree on this one, I think. Wink

I believe I would have a very good time walking around there and spending sometime testing my luck at that casino floor. I do not know... it looks like a lovely vacation, if you asked me, but I can also see the appeal on gambling from home in one's own terms.

Besides, I am sure I could not even afford to spend a single night on that luxurious suit, I have got no option. Tongue

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I have just watched some video that Monaco also has the grandest casino and one of the contributors for their rich country. But as per my research, I don't see actual valuation of the Monte Carlo Casino in Monaco. Although I've seen some revenue of theirs but compared to the net worth of Marina Bay Sands, it seems that it's higher than the one that's from Monaco.

Quote from: Betwrong on February 12, 2023, 04:21:40 AM

If you ask me, I have no interest in spending my leisure time in places like this

Seriously, am I alone in this? Don't you guys think that playing online can be more enjoyable than inside of that monstrous modern prison?

We're thinking the same. Even if I have the capacity in doing so, I'll choose to spend it in more enjoyable way and more relaxing at home.

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Quote from: Slow death on February 12, 2023, 06:04:51 PM

When I saw this thread about this casino, I was curious so I went to google more, mainly I wanted to know the price of hotel rooms in this casino, to my surprise the prices are very expensive, for example:

for a hotel room the person will pay at least 400$ and breakfast is not included, also from what I have read that price of 400$ per room can increase depending on the time of year

well, then I ask myself the following:

1 - how many people will travel from their country, city to stay in these expensive hotels and play? knowing that per day you will have to spend at least 400$?

2 - looking at this whole place, I imagine that the operating cost of maintaining all this is too high, it has the cost of electricity, employees and maintaining the infrastructure, so will it really be profitable?

Each hotel room has its own characteristics that make the hotel unique and it is possible that with these costs the funds raised can make the infrastructure in the area better.
In reality Singapore and Abu Dhabi seem to be more pretentious but some hotel rooms in Abu Dhabi cost just under $100 per night, so let the visitor judge for himself as for the very rich a $400 hotel per night may not be a big deal.

Slow death

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When I saw this thread about this casino, I was curious so I went to google more, mainly I wanted to know the price of hotel rooms in this casino, to my surprise the prices are very expensive, for example:

for a hotel room the person will pay at least 400$ and breakfast is not included, also from what I have read that price of 400$ per room can increase depending on the time of year

well, then I ask myself the following:

1 - how many people will travel from their country, city to stay in these expensive hotels and play? knowing that per day you will have to spend at least 400$?

2 - looking at this whole place, I imagine that the operating cost of maintaining all this is too high, it has the cost of electricity, employees and maintaining the infrastructure, so will it really be profitable?

bitbollo

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perhaps we as young people who grew up in 21 century, do not know this type of casino "in physical locations" and do not find them as attractive as they may have seemed in the past. (like J Bond movie...)

in the end, if you play to "earn" and hit the big jackpot you don't need to physically go to a casino.
there are other locations and amusing situations in which you can find yourself.
the fact that such a place, offers hotel, restaurant services, and so on .... makes it clear how much this kind of business is destined to transform itself in the next years ....

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Quote from: Betwrong on February 12, 2023, 04:21:40 AM

I'm wondering how much does it cost to stay in that 2,561 room hotel for one night? I bet it's more than many of us wager within one month.

If you ask me, I have no interest in spending my leisure time in places like this

Interior of the hotel lobby of Marina Bay Sands Hotel Singapore

or playing poker, or whatever, in such areas.

Seriously, am I alone in this? Don't you guys think that playing online can be more enjoyable than inside of that monstrous modern prison?

if someone who is very rich has a lot of money and likes to gamble, surely they will not think about how much it costs to stay at the Marina hotel.
but for us, of course we prefer to gamble privately through online casinos which don't have a big risk.
I mean gambling in the open and when spending a lot of money, of course everyone in that place knows that the person is very rich and if there are criminals who know he is a very rich person, it will be very risky to be robbed when leaving the hotel.

even though I will one day become a very rich person, I will still choose to gamble in online casinos to stay away from the risk of crime.

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Quote from: Betwrong on February 12, 2023, 04:21:40 AM

Seriously, am I alone in this? Don't you guys think that playing online can be more enjoyable than inside of that monstrous modern prison?

For some people, a place like that full of people playing gambling will make them eager to take part in gambling. They will not be disturbed by the crowds in that place and can even enjoy it. But people who do not like crowds will never go to such casinos because it is too crowded and full of people. They prefer a quiet place, like in their room, alone and play gambling casually accompanied by a cup of coffee and soft tunes. I also don't like places that are crowded with people and feel uncomfortable with it all. It keeps me from being able to focus on what I'm doing.

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Quote from: Betwrong on February 12, 2023, 04:21:40 AM

or playing poker, or whatever, in such areas.

Seriously, am I alone in this? Don't you guys think that playing online can be more enjoyable than inside of that monstrous modern prison?

It depends on your personality and character if you're an extrovert who loves to be in an open space and party-like atmosphere, you'll consider this the best place for you.

I can play online and play on physical casinos but when it comes to comfort and accessibility which is my number one preference, I also prefer playing online, I can play on that place occasionally but not weekly I cannot keep up, but it is more addictive playing in places like that there's a lot of perks and freebies on this kind of place it's like that they don't want you to go home until you are down on your last pennies.

Betwrong

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I'm wondering how much does it cost to stay in that 2,561 room hotel for one night? I bet it's more than many of us wager within one month.

If you ask me, I have no interest in spending my leisure time in places like this

Interior of the hotel lobby of Marina Bay Sands Hotel Singapore

or playing poker, or whatever, in such areas.

Seriously, am I alone in this? Don't you guys think that playing online can be more enjoyable than inside of that monstrous modern prison?

ethereumhunter

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Quote from: klidex on February 11, 2023, 04:21:04 AM

Quote from: ethereumhunter on February 11, 2023, 03:59:15 AM

I never imagined that the gambling business would be treated as an exclusive business, like in that article, because, looking at the building, it looked very large and spacious. And when we enter the room, we will be amazed to see that it is full of gambling machines that we can play in turn. This will make us curious and want to play it and of course, we will spend a lot of money to try the game one by one.

It is not surprising that many rich people will spend a lot of money to satisfy their desire to play gamble. And for the average gambler, I don't think it's the right place to have fun Grin

In fact, the gambling industry is a business that is so exclusive because it can generate a lot of money and profits, even though every casino owner really has to spend a large enough budget to be able to build a casino with full luxury in it, but all of that will pay off from the profits from many rich people who come and play there. It's better for those of us who gamble for fun and only have limited money to prefer playing at online casinos because they have a minimum bet that is small enough so there is no need to be ashamed or proud of other gamblers when betting small, in contrast to real casinos which are luxurious and there are a lot of rich people, of course we will also spend quite a lot of money participating in every game.
It is true that having fun at gambling is not a good thing but every gambler has their own reasons if they always gamble for fun and profit.

That's why every owner of an exclusive casino is trying to establish a truly luxurious casino that can pamper everyone who plays gambling in that place and feel the comfort they will not find anywhere else. And when the guests have felt the hospitality and comfort at that place, they will come back and play gamble more often at the casino than at any other place. This will be a consideration for wealthy people who want a different atmosphere from other casinos they have visited. And with a minimum bet that is nothing to them can make those gamblers very happy playing in the casino. And the casino owners can achieve their goal because they will get huge profits.

Quote from: Aanuoluwatofunmi on February 11, 2023, 05:11:37 PM

Quote from: ethereumhunter on February 11, 2023, 03:59:15 AM

I never imagined that the gambling business would be treated as an exclusive business, like in that article, because, looking at the building, it looked very large and spacious. And when we enter the room, we will be amazed to see that it is full of gambling machines that we can play in turn. This will make us curious and want to play it and of course, we will spend a lot of money to try the game one by one.

It is not surprising that many rich people will spend a lot of money to satisfy their desire to play gamble. And for the average gambler, I don't think it's the right place to have fun Grin

As for me am not surprised seeing a casino house as big as that since we have alot of rich investors who will be willing on investing in a casino but not only in doing that but doing it in a big way, i consider owning a casino house as an investment that could always has a daily income flow since it does not have any off days, it's a type of casino typically designed for the rich to spend without considering getting broke because of the plenty and varieties of pleasurable atmosphere in there.

One day, you can have a very luxurious casino and will be visited by rich people willing to spend their money gambling and relaxing with their business partners or just enjoying their spare time. But it's true that setting up such a luxurious casino requires a lot of money but it's worth it if they have regular members who come from rich people who don't mind using their money to gamble or spend something in the casino. Once the rich people are satisfied with the service from the casino, they will come again and want to get special service.

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So it is the gambling playground of the very rich because if they just go to a normal casino, they can't be catered to enough. It was a luxurious casino for those who could afford it, but for us, we couldn't experience it unless someone brought us there to gamble, but I'm curious: how big they bet on that casino? I am sure it is so big that I can't imagine just for them to have fun and play with their money.

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Quote from: Daltonik on February 10, 2023, 03:01:18 AM

Well, there are various rumors about the Marina Bay casino, including about the use of Chinese whales for promotion, which are given to win, and later it turns out that this casino does not use honest methods, perhaps this is already in the past, but just read this for example.

https://www.straitstimes.com/business/companies-markets/marina-bay-sands-paid-a-price-for-courting-chinas-whales

I guess it’s not only a casino, but also a luxurious property. The main attraction is not only for gambling, but for the lavish 7 star treatment that the customers will get. Gambling and casino is just a part of the property. Major attraction is the vast property that covers other activities. It’s obvious that only rich can afford these types of property and for them gambling is just another part time hobby. So they don’t give a damn if the casino uses any illegal means to cheat, as they have enough money to lead a lavish life.

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Quote from: STT on February 11, 2023, 06:48:32 PM

Thats hella expensive, I wonder who financed that and what rate do they expect to be paid back over the next 20 years.

They do it with the intention to attract the gambling whales from China, so, if the plan works fine they should recover their investment in less than 10 years. We are talking about billions and not millions, so, even with 10 high roller would be really hard to recover. They need a lot of high rollers, that's a fact.

But this is one of those investments for the long run.

STT

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$2.3 million spent per room attendance possible at any one time. They better be intending to have people staying for 20 years full capacity straight to make back their money. Thats hella expensive, I wonder who financed that and what rate do they expect to be paid back over the next 20 years.
If they were full capacity everyday for the entire year calendar which so far as I know is unusual efficiency then it'd only be $6418 per head. I guess thats far more reasonable but obviously requiring well over a decade of the highest demand for usage to profit as revenue excludes daily running costs; impressive if they can pull it off I guess they know what they are doing.
I'm a big fan of the roof top pool with its infinity design, I dont doubt its the best of everything a very special trip to have as a holiday

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Quote from: Aanuoluwatofunmi on February 11, 2023, 05:11:37 PM

Quote from: ethereumhunter on February 11, 2023, 03:59:15 AM

I never imagined that the gambling business would be treated as an exclusive business, like in that article, because, looking at the building, it looked very large and spacious. And when we enter the room, we will be amazed to see that it is full of gambling machines that we can play in turn. This will make us curious and want to play it and of course, we will spend a lot of money to try the game one by one.

It is not surprising that many rich people will spend a lot of money to satisfy their desire to play gamble. And for the average gambler, I don't think it's the right place to have fun Grin

As for me am not surprised seeing a casino house as big as that since we have alot of rich investors who will be willing on investing in a casino but not only in doing that but doing it in a big way, i consider owning a casino house as an investment that could always has a daily income flow since it does not have any off days, it's a type of casino typically designed for the rich to spend without considering getting broke because of the plenty and varieties of pleasurable atmosphere in there.

of course, they built the building for profits. and one very profitable business is deploying a casino and resort into it. aside from the fact that the country itself is already a tourist destination itself. it is a small country also so it is not so hard going around this country with very good means of transportation. we won't be surprise if high rollers located in asia is going into this country rather than in macau.

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Quote from: Viscore on February 11, 2023, 03:59:04 PM

Quote from: dothebeats on February 10, 2023, 11:55:54 AM

$6b is only for the casino property, and just imagine how much they have in their bankroll plus the money that they should have in order to pay for the maintenance and upkeep, operating costs, and salary of all their employees. I just can't fathom how these huge casinos make that much money, but I guess there are still a lot of rich people who don't know what to do with what they have hence they end up in the casino and waste their money there.

That means the casino business is really a making huge income out from those random gamblers who might be staying for vacation or from their regular players who are mostly high rollers. I wouldn’t be surprised about that because Marina Bay Sands serves as the center of attraction in Singapore so obviously, a lot of tourists would target this place for pleasure and entertainment purposes.

I'm guessing they don't solely get funds from the gamblers because if so they wouldn't expand to much larger ventures. As far as I know Marina Bay Sans is more than just a casino, it's also a hotel, complex, etc. (I forgot which other amenities they offer) so they must've gotten funds somehow from all those ventures. It has been a common tactic among these casinos to also offer other services than just entertainment in the form of gambling.

Quote from: ethereumhunter on February 11, 2023, 03:59:15 AM

I never imagined that the gambling business would be treated as an exclusive business, like in that article, because, looking at the building, it looked very large and spacious. And when we enter the room, we will be amazed to see that it is full of gambling machines that we can play in turn. This will make us curious and want to play it and of course, we will spend a lot of money to try the game one by one.

It is not surprising that many rich people will spend a lot of money to satisfy their desire to play gamble. And for the average gambler, I don't think it's the right place to have fun Grin

Again, the building in itself is not made exclusively for gambling. There's a lot of services offered within the area that is not related to gambling whatsoever, but one thing's for sure is that these are top-of-the-line world-class amenities. That's why they can afford to remain operational.

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Quote from: Lida93 on February 10, 2023, 02:39:16 AM

Marina bay sans is a resort in Marina Bay, Singapore. It was opened in 2010 and it’s currently the most expensive casino property in the world at $6 Billion.
The fabulous resort has 2,561 room hotel, 120,000 square feet of the convention exhibition center, a shopping mall, a museum theater, an infinity pool, and 500 table casino, among others.
https://getnoticed.info/2023/02/09/inside-the-biggest-casino-property-in-the-world/

Remember that operating a casino has its advantages and disadvantages depending on the perspective on where you look at it.

For example, in the Philippines, our PAGCOR which is operated by the government, brings the most revenue to the total capital fund. With this in mind, the revenue garnered can definitely help and support the country in expanding its infrastructures and other related expenses for the general welfare of the people.

Singapore is definitely one of the countries that are developed due to the management of their government. The fact that they can shell out that amount of money dedicated to gambling speaks on how disciplined and proper they are.

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Quote from: ethereumhunter on February 11, 2023, 03:59:15 AM

I never imagined that the gambling business would be treated as an exclusive business, like in that article, because, looking at the building, it looked very large and spacious. And when we enter the room, we will be amazed to see that it is full of gambling machines that we can play in turn. This will make us curious and want to play it and of course, we will spend a lot of money to try the game one by one.

It is not surprising that many rich people will spend a lot of money to satisfy their desire to play gamble. And for the average gambler, I don't think it's the right place to have fun Grin

As for me am not surprised seeing a casino house as big as that since we have alot of rich investors who will be willing on investing in a casino but not only in doing that but doing it in a big way, i consider owning a casino house as an investment that could always has a daily income flow since it does not have any off days, it's a type of casino typically designed for the rich to spend without considering getting broke because of the plenty and varieties of pleasurable atmosphere in there.

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