THE M3: GAMING VENUE POLICIES; S'PORE LOCAL HIRES

The Macau Metro Monitor, October 5, 2011

 

 

LAWMAKERS REQUEST CLEAR GAMING POLICIES Macau Daily Times

Macau lawmakers are urging the government to disclose when it will remove gaming facilities out of residential neighborhoods, a promise first made in late 2007.  Secretary Tam had said at the time that the government would not grant more licences to lottery houses and slot machine venues in residential areas, explaining that it wanted to “gradually” remove gaming facilities from neighborhoods.  However, almost four years have passed and the government has yet to announce a timetable.

 

But Tam revealed that the new legal system for the construction and location of casinos, slot machines and lottery houses will be ready in the first half of 2012. “Slot machines and lottery houses are banned in residential buildings and those that already exist will be relocated,” he reassured.

 

WE REMAIN COMMITTED TO HIRING SINGAPOREANS Today Online

RWS said they have a 13,000-strong workforce; about 70% are locals.  They remain committed to hiring Singaporeans.  MBS said out of the nearly 9,000 team members, nearly 70% are Singaporeans.  In some departments such as entertainment, facilities and security, the percentage of locals is as high as 94%.

 



Premium insight

[UNLOCKED] Today's Daily Trading Ranges

“If I could only have one thing of the many things we have it would be my daily ranges." Hedgeye CEO Keith McCullough said recently.

read more


Cartoon of the Day: 'Biggest Tax Cut Ever'

President Donald Trump's economic team unveiled what he called last week, "the biggest tax cut we’ve ever had.” Before you get too excited about that hang on a sec. "Trump Tax Reform ain’t gettin’ done anytime soon," Hedgeye CEO Keith McCullough wrote in today's Early Look.

read more

Neurofinance: The Psychology Behind When To Sell A Bull Market

"Most momentum investors stay invested too long, under-reacting and holding tight after truly bad news finally arrives to break the trend," writes MarketPsych's Richard Peterson.

read more

Energy Stocks: Time to Buy the Dip? | $XLE

What the heck is happening in the Energy sector (XLE)? Energy stocks have trailed the S&P 500 by a whopping 15% in 2017. Before you buy the dip, here's what you need to know.

read more

Cartoon of the Day: Hard-Headed Bears

How's this for "hard data"? So far, 107 of 497 S&P 500 companies have reported aggregate sales and earnings growth of 4.4% and 13.2% respectively.

read more

Premium insight

McCullough [Uncensored]: When People Say ‘Everyone is Bullish, That’s Bulls@#t’

“You wonder why the performance of the hedge fund indices is so horrendous,” says Hedgeye CEO Keith McCullough, “they’re all doing the same thing, after the market moves. You shouldn’t be paid for that.”

read more

SECTOR SPOTLIGHT Replay | Healthcare Analyst Tom Tobin Today at 2:30PM ET

Tune in to this edition of Sector Spotlight with Healthcare analyst Tom Tobin and Healthcare Policy analyst Emily Evans.

read more

Ouchy!! Wall Street Consensus Hit By Epic Short Squeeze

In the latest example of what not to do with your portfolio, we have Wall Street consensus positioning...

read more

Cartoon of the Day: Bulls Leading the People

Investors rejoiced as centrist Emmanuel Macron edged out far-right Marine Le Pen in France's election day voting. European equities were up as much as 4.7% on the news.

read more

McCullough: ‘This Crazy Stat Drives Stock Market Bears Nuts’

If you’re short the stock market today, and your boss asks why is the Nasdaq at an all-time high, here’s the only honest answer: So far, Nasdaq company earnings are up 46% year-over-year.

read more

Who's Right? The Stock Market or the Bond Market?

"As I see it, bonds look like they have further to fall, while stocks look tenuous at these levels," writes Peter Atwater, founder of Financial Insyghts.

read more