WizardofEngland
WizardofEngland
Joined: Nov 2, 2010
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May 10th, 2012 at 5:09:41 AM permalink
Quote: HKrandom

Most of the money probably comes from mainland China. The fee is only S$100 for 24h; that probably what the average gambler bets per hand on Baccarat.



Its just a resort fee, for people not staying there... Surely?
http://wizardofvegas.com/forum/off-topic/general/10042-woes-black-sheep-game-ii/#post151727
pacomartin
pacomartin
Joined: Jan 14, 2010
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May 10th, 2012 at 6:44:13 AM permalink
Quote: WizardofEngland

Locals have to pay to get in!

No wonder they are making tons of money.



The entrance fee is US$80=S$100 . Since the resort has revenue on the order of $3 billion a year, I don't think those fees are important. The fee is to discourage poor Malaysians from the state of Johor from coming to the casino too often and creating a diplomatic problem.
Aussie
Aussie
Joined: Dec 29, 2009
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May 14th, 2012 at 5:50:17 AM permalink
The SGD100 entrance fee doesn't go to the casino it goes to the Singapore government.

Very easy for Malaysians to gamble if they want too anyway. They don't need to go to Singapore they can go up the road to Resort World Genting.
sunrise089
sunrise089
Joined: Jul 12, 2010
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May 14th, 2012 at 8:31:33 AM permalink
paco, the Maccau Venetian has almost the same revenue as the Marina Bay Sands, but it's MUCH larger. Is that a layout/slot difference, or does it really have that many more baccarat tables? If so the average bet at the Marina Bay must be impressive...
Aussie
Aussie
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May 14th, 2012 at 2:30:44 PM permalink
MBS would have over 200 Baccarrat tables I would estimate. I will try to count when I'm there again in 2 weeks. I'm unsure of the minimum bets on Baccarrat as I didn't take notice but you won't find a BJ table for less than $25. No idea what the average bet would be but there were many many people betting reasonable sized stacks of black chips when I was there on a Wednesday night.
buzzpaff
buzzpaff
Joined: Mar 8, 2011
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May 14th, 2012 at 3:22:30 PM permalink
Many years ago an Australian girl named Angel offered to post me a view. This while while we were working on a telecommunications trouble. I thought it had something to do with trouble shooting and declined.
Only later did I find out she came by the name Angel honestly. And she had offered to mail me a picture. Mostly likely in a bikini.
Damn, why can't Aussies speak English ? LOL
pacomartin
pacomartin
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May 15th, 2012 at 3:34:14 PM permalink
Quote: sunrise089

paco, the Maccau Venetian has almost the same revenue as the Marina Bay Sands, but it's MUCH larger. Is that a layout/slot difference, or does it really have that many more baccarat tables? If so the average bet at the Marina Bay must be impressive...



Despite being only 30% of the size, the MBS has nearly the same amount of tables and slot machines as Venetian Macau.

Although Bethlehem PA casino has a lot of revenue per slot machine, it is taxed at 55%.

Resort Square Feet Tables Slots Table/day Slot/day Tables/day Slots/day Casino/day
Marina Bay Sands 165,000 607 2,479 $12,975 $665 $7,875,825 $1,648,535 $9,524,360
Venetian Macao: 550,000 570 2,282 $14,334 $334 $8,170,380 $762,188 $8,932,568
Sands Macao: 229,000 399 1,093 $10,733 $295 $4,282,467 $322,435 $4,604,902
Four Seasons intimate 165 176 $26,933 $740 $4,443,945 $130,240 $4,574,185
Las Vegas, NV 225,000 227 2,417 $7,085 $188 $1,608,295 $454,396 $2,062,691
Bethlehem, PA 139,000 119 2,995 $2,784 $279 $331,296 $835,605 $1,166,901


I should note that the LV Sands quarterly report for Four Seasons says 165 tables in 2012, and 118 in 2011, 2010, & 2009. The Wizard of Macau site says 34 tables.

Even though you don't think of the Chinese as liking slot machines, they are still pulling in a lot of money compared to machines in America. Of course, there a fewer machines in the entire district.

Leaving out Sands Las Vegas operation the rest of the Vegas strip is making
$7,988,494 per day in table games (including poker)
$7,758,660 per day in slots
Niblick
Niblick
Joined: Dec 12, 2009
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May 15th, 2012 at 4:54:09 PM permalink
Sands Casino-linked concert venue, bar open Wednesday in Bethlehem

Thought this might interest you...
Nemo Omnibus Horis Sapit
pacomartin
pacomartin
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June 19th, 2012 at 4:25:01 PM permalink
Sands Corporation first quarter revenue of $2.76 billion was so explosive that it overtook industry leader MARRIOTT whose revenue totaled over $2.5 billion in the 2012. Marriot's revenue grew anemically from $2.4 billion the year before.

Marriots's lodging group encompassed 3,732 properties and timeshare resorts for a total of nearly 644,000 rooms. The company expects to add 25,000 to 30,000 rooms and expects 7,000 to 8,000 rooms to exit the system in 2012. The company's worldwide pipeline of hotels under construction, awaiting conversion or approved for development totaled 700 properties with approximately 115,000 rooms at quarter-end.

What is your prediction? Will the Sands juggernaut slow? Will Sands overtake Marriot this year to become the dominant casino/hotel chain in the world?

Only 3.5 years ago Sands was supposedly in danger of default
Tiltpoul
Tiltpoul
Joined: May 5, 2010
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June 19th, 2012 at 4:34:31 PM permalink
Quote: pacomartin

What is your prediction? Will the Sands juggernaut slow? Will Sands overtake Marriot this year to become the dominant casino/hotel chain in the world?



Will the juggernaut slow? I'd say it's highly unlikely, at least in terms of revenue. PA is still a growing market, and Adelson was brilliant to place a casino there.

Will Sands overtake Marriott as the dominant chain? I guess that depends on your definition of "dominant." Marriott will nearly always be the most recognized name of hotels and have the most locations, unless Sands buys more hotel properties without casinos (or even with Casinos). In terms of dollars, there is little question that Sands is one of the more financially stable casino groups out on the market, and Marriott will always be limited in revenue growth.
"One out of every four people are [morons]"- Kyle, South Park

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