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Remarkable development expected in Macau, Singapore and Philippines casinos | 03rd December 2012 : WorldCasinoYellowPages

Remarkable development expected in Macau, Singapore and Philippines casinos

... 03 December 2012

Remarkable development expected in Macau, Singapore and Philippines casinos

As per estimates made by a safety and speculation advisor, there will be a 7.5% rise in the market of Macau in the upcoming year i.e. 2013. Macau has got its hottest Christmas reward from Kim Eng Securities who believe that the large scale development in market will take it to higher levels with a 25% rise in 2013.Since the transportation is getting better day by day, therefore KES expects the market to keep up its move towards Cotai strip. As per statement given by KES, they are hopeful about development of group market because Cotai is being converted into a first-rate sight-seeing location. As per the humble guess of 6.3% rise made by the government of Macau in 2013, the rank of KES appears somewhat over it.

One of the latest casino locations of Asia is Singapore. As per statement given by Lee Hsien Loong, the Prime Minister of the place, as far as financial system is concerned, they have pierced into the market at appropriate time. He added that they have accomplished a lot as far as fiscal part of the country is concerned. He said that they were fortunate enough to begin at proper time. It is because they began sufficiently before the time of fiscal disaster and accomplished it by the end of fiscal disaster period. So they moved on with the time.

It was accepted openly by the Prime Minister that social elements are involved with the growth of gambling. Speaking rationally, he stated that in case gambling is to be executed then it must be done in a restricted and useful manner.

Another leading location in the area is Philippines. It can compete with both Singapore and Macau according to the belief of a property advisor. As per chairman at CBRE Group- Rick Santos, he is hopeful that in the times to come the bunch of islands can outshine Las Vegas. They can even move on to give a tough competition to other gambling centers in Asia subject to governments’ support to such projects. The Entertainment City development project consisting of a casino worth $1 billion is strengthening the development in the country.

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