PETALING JAYA: Gaming conglomerate Genting Bhd, which is due to announce its financial results for the fourth quarter (Q4) ended Dec 31, 2010, today, is likely to miss market estimate after its operations across the causeway showed a performance that has widely missed the mark.
Luck was not on its subsidiary Genting Singapore plc's side, as the company's net loss widened to S$150.3mil (RM358mil) for Q4 2010, compared with a net loss of S$101.7mil in the same period of 2009. This was due to narrower margins for its VIP business, as high-stakes gamblers won more money compared with the preceding quarters. In addition, higher interest costs for loans deployed in financing its integrated resort had also caused a dent in the company's bottom line.
Genting Singapore which operates Resorts World Sentosa, one of two integrated resorts in the city-state posted a net profit of S$187.8mil in Q3 2010.
The company's Q4 2010 revenue stood at S$788.5mil, which represented an increase of 6% from the previous quarter. In Q4 2009, its revenue was only S$13.4mil.
Genting Singapore's net profit of S$37.8mil for the full year of 2010 was significantly below the average estimate of S$615mil by analysts polled by Bloomberg. Nevertheless, it was a better performance compared with a net loss of S$277.6mil in 2009.
Analysts had expected the Singapore operations to be the star performer that would give a major boost to Genting, which owned a 51.7% stake in the former.
A poll of 26 analysts by Bloomberg showed an expectation for Genting to rake in an average net profit of RM2.2bil, with average total revenue estimated at RM15.5bil for the full year of 2010. The Singapore operations were expected to contribute around 35% to 40% to group revenue, and analysts had expected a strong bottom line from Genting Singapore to contribute around 20%-30% to group net profit.
“Although Genting Singapore did not perform as well as expected, its medium to long-term growth potential is still intact,” an analyst told StarBiz, pointing to the recent reopening of a major attraction, the Battlestar Galactica roller coaster ride, as a crowd-puller.
He also highlighted the fact that there were other projects in the pipeline this year such as a marine museum, a new water park, hotels, and a ride based on the Transformers movies that could contribute to group income going forward. Genting yesterday closed at RM10.40, down 18 sen from Monday.
Taken from here
Tuesday, February 22, 2011
Monday, February 14, 2011
Roulette Strategy
The method is about to win with the best percentages on French Roulette, is totally based on the calculation of probabilities and it gives to you an incredible source of earning, try it and see this with your eyes, we have already did it and decided to share this nice method with you. When you have opened the window of the French Roulette on one of the online casinos that we suggest to you, start to place the bet as we suggest you and you will win at least 87% of the times. Place 3 units on the Manque 1-18 that pays you 1 to 1 and place other 2 units on the third triplet that pays you 2 for 1, doing like this you will succeed to cover 30 of the 36 numbers leaving out of your range only the following: 0, 19, 20, 21, 22, 23 e 24 |
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How is possible? If the ball falls in whatever number between 1 and 18 you will win 3 units losing 2 units with a true earning of 1, if the ball falls between 25 and 36 you anyway gonna win 1 unit and if is both of them you will win 7. the earning is therefore sure, you just need to do always as suggested and do not waste the money in other techiques. If you win with 87% of possibility 1 unit about every 30 seconds, in one day is impossible to do not win at least 200 units. According to the laws of probabilities every 1000 bets is possible to loose maximum 200 times and the possibility to loose 4 times one after the other are less than 1/1000 therefore we suggest you to exploit at the maximum this element of the probabilities to your advantage. When it happens that you loose, double your 2 bets to 6€+4€ so you will win at least 2€ every time, when you loose twice after the other double it again to 9€+6€, in this way you will get immediately back the money that temporarely you lost on the game. After that you won maximum 2 come back to the original bet of 3€+2€! The best way to get money is here ready for you! Select one of those casinos that work with Playtech and are fully Tested, respect the probabilities calculation, download, sign up and deposit at least 50€! |
Monday, January 17, 2011
Professor in China charged for illegal gambling due to developing "sure-win" method in Baccarat
BEIJING: A professor from a local university in Beijing was charged for illegal gambling after he reportedly won over tens of millions using a technique he developed that is the "winning formula" for Baccarat.
He and two others raised 3 million and let one of them gamble in casinos in Macau while he and another partner dictate the betting via telephone, and won over 10 million Yuan. Last Saturday, Beijing Times reported the incident at the end of December 2008, Professor Zhang Xing and his friends, Wang and Li went to Guangzhou in preparation to go over Macau to gamble but later on he and his friend Li was not allow to leave the country. Eventually they decided to let Wang to go over while Zhang and Li will “remote control” the bets from Guangzhou.
Guangzhou police sources said, Professor Zhang who has a PhD was the one who decided on the betting strategies due to his “Baccarat” winning method.
Wang went to gamble in Macau and relay via phone the situation of the table to Zhang and Li. Zhang then calculates the probability of the next deal and then instructs Wang to bet accordingly and amazingly they won a total of 11.3 million Yuan.
The 3 was immediately detained by police in Guangzhou and was said to be involved in illegal gambling and confiscated all their winnings due to their inability to produce the receipts of the winnings. The professor refused to accept the sentencing and tookthe Guangzhou police to the Beijing court. The court has uphold the decision and ruled against the professor.
Direct translation from here.
No part of this may be reproduced, modified or transmitted in any form whatsoever, electronic, or mechanical, including photocopying, recording, or by any informational storage or retrieval system without expressed wrtten, dated and signed permission from the author.
He and two others raised 3 million and let one of them gamble in casinos in Macau while he and another partner dictate the betting via telephone, and won over 10 million Yuan. Last Saturday, Beijing Times reported the incident at the end of December 2008, Professor Zhang Xing and his friends, Wang and Li went to Guangzhou in preparation to go over Macau to gamble but later on he and his friend Li was not allow to leave the country. Eventually they decided to let Wang to go over while Zhang and Li will “remote control” the bets from Guangzhou.
Guangzhou police sources said, Professor Zhang who has a PhD was the one who decided on the betting strategies due to his “Baccarat” winning method.
Wang went to gamble in Macau and relay via phone the situation of the table to Zhang and Li. Zhang then calculates the probability of the next deal and then instructs Wang to bet accordingly and amazingly they won a total of 11.3 million Yuan.
The 3 was immediately detained by police in Guangzhou and was said to be involved in illegal gambling and confiscated all their winnings due to their inability to produce the receipts of the winnings. The professor refused to accept the sentencing and tookthe Guangzhou police to the Beijing court. The court has uphold the decision and ruled against the professor.
Direct translation from here.
No part of this may be reproduced, modified or transmitted in any form whatsoever, electronic, or mechanical, including photocopying, recording, or by any informational storage or retrieval system without expressed wrtten, dated and signed permission from the author.
中國‧創“百家樂”必贏法‧遙控下注教授控非法賭博
中國‧創“百家樂”必贏法‧遙控下注教授控非法賭博
2011-01-17 10:47
（中國‧北京16日訊）中國首都北京有一名大學教授，竟然研究出玩“百家樂”的必贏方法，並贏得逾千萬元（港幣，下同），但後來被控非法賭博罪成。
他和另兩人集資300萬後，由其中一人到澳門賭場豪賭，他則和另一人在廣州用電話遙控下注，共贏得逾千萬元。北京《京華時報》上週六報導，案發於2008年12月底，北京某大學的張姓教授及姓王和姓李的朋友一起到廣州，準備到澳門賭博，但張、李2人因簽證問題無法出境，但他們仍讓王單獨赴澳，張、李2人則在廣州遙控王投注。
廣州警方的消息說，具博士銜頭的張教授似乎有玩“百家樂”的必贏方法，投注策略都由他決定。
姓王的到澳門後進入賭場，以電話方式將賭桌上的情況告知張、李2人，張即計算下一次開牌幾率然後指揮王下注，共贏了1千130萬元。
但3人隨即被廣州警方拘留，廣州警方認定他們非法賭博，沒收賭本並追繳千萬贏款。這名教授不服判罰將廣州公安局告上北京法院，法院日前裁定教授敗訴。
http://www.sinchew.com.my/node/190388
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