Friday, February 12, 2010

Before or After?

Everyone seems to be looking forward to see when the casino at Resort World (RWS) will open. RWS is actually waiting for the license from the Casino Regulatory Authority (CRA).

Most of us know that the most profitable feature of the IR is the casino. Those MICE, hotels and theme parks are just peripherals to ensure that they get the bid to operate the IR.

In that case, shouldn't the license be approved back then when they put up the bid? Is there a chance for the CRA to refuse them a license now then?

The process for this application appears strange to me.

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