Swot Analysis on Integrated Resorts in Singapore

Swot Analysis on Integrated Resorts in Singapore

An Integrated Resort (IR) is a Singaporean euphemism for a casino-based vacation resort. To date, licenses have been awarded to Marina Bay Sands and Resorts World Sentosa. These are the first casinos in the country and both have begun operation since early 2010.In 1823, gambling was briefly legalized in the then-British colony of Singapore, but the experiment led to gambling addiction and increased crime, and gambling was criminalized again within three years

The plan to build the casinos was subject to considerable debates among Singaporeans. Several groups, such as those belonging to theMuslim and Christian communities as well as social workers, openly expressed their disapproval to the casinos. Concerns were raised about the negative social impact of casino gambling, citing worries that the casinos could encourage more gambling and increase the risk ofcompulsive gambling. Activist groups argued that a casino could also lead to undesirable activities often associated with gambling, includingmoney laundering, loan sharks or even organised crime.

The casino industry as a whole wants to ensure its guests that safety and security are covered, but it refuses to openly discuss its security response to threats — regardless of whether they are perceived or actual — in part because security plans lose their effect when put out in the open. Knowing an adversary's plan often reveals its strengths and weaknesses, which is a monumental benefit for organized groups, including terrorist organizations, that spend considerable time conducting surveillance on future attack sites. More problematic is that the acknowledgment of a specific identified risk in a security plan is perceived as an indication that it might occur. The public's theory is that if the organization thinks a risk exists, there may be a problem, and that people should therefore stay away from that organization. Hence, the communication of an effective security posture can be a perceived threat by the visiting public. Perception becomes reality, visitors and guests do not come, and the casino economy is impacted, all because of the discussion of a security plan.

For example, let's use thefts from vehicles in self-park lots, which most casinos have identified as a risk.

Charged with cheating Singapore casino

Three foreigners were charged with cheating the Resorts World