Preview

Issue: Setting Up an Integrated Resort in Singapore

Good Essays
Open Document
Open Document
409 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Issue: Setting Up an Integrated Resort in Singapore
On 8th February 2007, Singapore government had put across the proposal of developing Marina Bay into an integrated resort.
The IR at Marina Bay is envisaged to be a large-scale iconic lifestyle product that will enhance Singapore’s reputation as a premium, “must-visit” destination for leisure and business visitors, and sharpen Singapore’s competitiveness. It is also envisioned to be a modern, architecturally distinctive, urban and well-integrated development which is appropriate to its prime downtown location and which can differentiate itself from IRs in other global cities. (Source: http://app.stb.gov.sg/asp/new/new03a.asp?id=4584)
Thus, the Singapore government is attempting to reinvigorate the Singapore economy and boost the economy through the creation of 10000 to 15000 jobs. Unemployment rate would be reduced and many undergraduates need not worry as much as before about securing their jobs if they had done the course on managing an integrated resort. Currently, Ngee Ann Polytechnic is one of the polytechnics offering such related courses.
Next, the integrated resort had already received strong support from various organizations as seen from the numerous proposals being submitted in. Examples are hotels, the infamous casino and many other food and beverages-related industries. The wide range of services provided is sure to attract tourists all over the world and Singaporeans alike. Therefore, it is very likely that the IR would be successful in achieving its goals of improving and boosting the economy.
Despite the benefits listed, there are several concerns raised by some Singaporeans and various religious leaders. The introduction of a casino in Singapore is very worrying for many because there is the threat of gambling addiction. The concern is that if the breadwinner of a family has unfortunately caught the habit of gambling, what would happen to him and his family? They would likely end up in debts and be living from day to day, without any security

You May Also Find These Documents Helpful

  • Good Essays

    “Examining the effects of casinos after at least four years of operation. I find that positive change include : young adults moving back to the reservation fueling an 11.5 percent population increase ; adult employment increasing by 26 percent ; and a 14 percent decline in the number of working poor.In countries with or near a casino, the the employment-to-population ratio has increased and mortality has declined”.…

    • 548 Words
    • 3 Pages
    Good Essays
  • Better Essays

    RSA Exam

    • 10133 Words
    • 82 Pages

    Some of the beneficial aspects of gambling are –  Entertainment  Charity  Tourism  Supporting community projects  Employment  Leisure  Tax revenue  Win money In Queensland, a gambling product is illegal unless it is regulated by one of the seven Gambling Acts. The Queensland responsible gambling strategy is used as the framework to develop and deliver responsible gambling initiatives. What is Problem Gambling?…

    • 10133 Words
    • 82 Pages
    Better Essays
  • Powerful Essays

    Coral Divers Resort Case

    • 2100 Words
    • 7 Pages

    What do you think Coral Divers would like to accomplish over the next 5 years?…

    • 2100 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    The FPL Group was Florida’s largest electric utility group and the fourth largest in America. The FPL Group had annual revenues of exceeding $5 billion. Florida Power & Light Company, the main subsidiary of the FPL Group had 3.9 million customer accounts and covered a service area that included six of America’s ten fastest growing metropolitan areas.…

    • 1134 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Crown Casino

    • 750 Words
    • 3 Pages

    The Crown was set up as a multimillion-dollar establishment in order to attract international gamblers especially the Asian junket gamblers. However with the economic meltdown of countries such as Thailand, Indonesia, and Malaysia Asian gamblers are fewer and have less money to gamble. The present focus of Crown casino towards the Asian market is fruitless as its competing in a highly saturated international market. International casinos have a much better operational efficiency compared to Crown due to the high levels of tax and intense monitoring experienced by Australian casinos. Nevertheless this excessive regulation reduces the perception of corruption which can be used to market Crown as a reputable operator in the world stage.…

    • 750 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Gambling has benefits and drawbacks to bring for society, however, it should be legalized for several reasons. Many people hold the notion that gambling can have negative impacts on the family since it might ruin people’s life, it is also believed that gambling would probably make everyone unhappy if it were prohibited. Not only that, but also it would increasing the revenue of government due to the high percentage of Canadians who took part in gambling. Additionally, some people believe that alcoholism and depression stem from gambling as negative outcomes; in fact, very few gamblers have these problems. On the contrary, there are a number of factors; such as the increasing of spending in the community. For example, boosting work opportunities…

    • 193 Words
    • 1 Page
    Good Essays
  • Powerful Essays

    Las Vegas Sands Corp. (NYSE: LVS) first came into existence in 1988. Prior to 1988, the company was more commonly known as the Sands Hotel, and its main business was carried out solely in the hotel industry. Today, not only does it own various hotel and casino resorts globally, it is also one of the world’s leading international developers of multi-function integrated resorts. In a relatively short span of 20 years, how has the company been able to transform itself from an aging hotel operator to what it is today?…

    • 8436 Words
    • 34 Pages
    Powerful Essays
  • Powerful Essays

    There are many laws and regulations on gambling such as (Hanson, 2005). For casinos to make a profit and to attract customers they have to rely on people's need for gambling. Many people feel that gambling is immoral and praying on the weakness of others and their lack of discipline; because of this many people feel that gambling should be abolished completely. However despite those people who do not agree with gambling, there are plenty of individuals who support it. Many people feel that it is their own choice to spend their own money, and the few who lack the discipline to control their gambling should not stop others who can. With the relatively recent boom of internet gambling, especially poker, gambling is becoming more and more of a hot topic with governments and groups throughout the world. Casinos should take advantage of this surge of interest in gambling in order to make a profit and keep it available to customers; however, they should also remember to do so without angering…

    • 2081 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    The impact of gambling on the United States carries both positive and negative effects into our society and communities. Gambling is a leisure activity that usually provides excitement and fun for its players. Gambling also brings tremendous amounts of money into the economy and provides employment. American cities such as Las Vegas and Atlantic City thrive off of the gaming industry. Sure, gambling can be fun and exciting, but at what point does that fun activity develop into a pathological problem? I will contend that the harmful side- effects of gambling far outweigh any positive aspects. Pathological gambling can destroy families, careers, and lives. The reason why casinos are so successful is because their customers lose money while playing their games.…

    • 2867 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    The type of resort will be urban casino base on survey which was established in Japan and (58%) people are interest visiting (Appendix 2). (Hakuhodo’s Casino Entertainment project, 2006)…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Banning Casinos In Canada

    • 693 Words
    • 3 Pages

    Millions of dollars are spent every year through provincial gambling, casinos and various lotteries. While many argue there are many negative impacts of gambling by causing addictive behaviour, this is by no means a basis on which to ban casinos, nor would be a problem solved by doing so. The benefits of casinos are numerous. Casinos bring in profit for the provincial government, allow people to exercise their free will, and is inherently unharmful to gamblers. Casinos and lotteries should not be banned in Ontario for these reasons.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Gambling takes money from people and instead of using money in a positive way such as helping a charity or donating it to an important industry, it is essentially thrown away in the hopes of getting rich quickly. The removal of money from other industries often causes businesses to go bankrupt, therefore creating more unemployed people. The unemployed people have no money and nothing to support a family. Gambling ruins our economy because people don’t realize that spending all of their money on the wrong things hurts our economy. People don’t have a problem spending thousands of dollars at a Casino, but will quickly get upset when gas prices rises ten cents per gallon or their child needs more school supplies. One mother told me she was very upset that the school system did not completely cover a field trip and that it would cost her $15.00 for each of her two children. She called the school and complained. This same person had no problem the night before losing $1,300.00 at the local casino ("A Good Way to Wreck a Local Economy”). Casinos don’t encourage non-gaming businesses to open nearby. The people who most often visit casinos do not wander out to visit other shops and businesses. A casino is not like a movie theater or a sports stadium, offering a time-limited amusement. It is designed to be an all-absorbing environment that does not release its customers…

    • 1047 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Legalize Casino

    • 380 Words
    • 2 Pages

    The local people may increase spending on casino in substitution of other business, or tourists change from consuming others to gambling. This case gambling provide no additional benefit.…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Four Seasons Hotel Singapore, like many other hotels in Singapore, finds itself competing to attract and retain hospitality professionals…

    • 1579 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Eastern Visayas has 84 public and private resorts combined, among these resorts only 10 are classified as tertiary resorts.…

    • 1003 Words
    • 5 Pages
    Good Essays

Related Topics