Last week, I posted an optimistic analysis by UBS about this resort. In today's papers, there is a suggestion that the crowd for the opening of Universal Studios was below expectation. Some observers had speculated that visitors to the casino has also been disappointing - although the management refuse to comment or give any figures. However, I hear that the taxis are doing good business, possibly due to higher tourist visits.
When Marina Bay Sands open next month, there will be additional competition. So, it is a confusing situation. Any news from insiders?
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