Word: worldlys
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...that likely? No, Noel-Johnson says, even though such robust expectations are clearly reflected in the high price of Genting Singapore's stock, currently the most expensive gaming stock in the world. According to Noel-Johnson, Genting Singapore is trading at an estimated price-to-earnings ratio of over 60 for the current fiscal year. Even though he believes Resorts World Sentosa has the potential to be "a long-term success," Citigroup has slapped a "sell" rating on the stock...
...Resorts World Sentosa executives, for their part, say they were aware of the local entrance fees before they bid for the casino. They counter that they have a diverse range of entertainment offerings, including the Universal Studios theme park as well as fine dining and hotels, and so are not solely reliant on gaming. (Local families who elect to only visit Universal Studios and not gamble, for instance, would not have to pay the casino entrance fee.) "Resorts World is on track to reach its target of 13 million visitors in its first year of operations," says Robin Goh, Assistant...
...After Olympic officials raised the flags for Mexico, Azerbaijan, Denmark and Great Britain, actress Sandra Oh - a Canadian and star of Grey's Anatomy who was emceeing the event - invited the athletes onto the stage for a festive dance. "We are celebrating you, the youth of the world!" screamed the overcaffeinated star. One problem, Sandra, von Hohenlohe of Mexico is no youth - he turned 51 two weeks ago.(Watch a video of Olympic athletes training...
...greeted the parade of athletes donned in sparkling regalia - a touching nod to an underappreciated aspect of the country's culture. But the 65-foot puppet of a polar bear covered in LED bulbs that emerged from the stage, while admittedly pretty cool, begged the question: Does the world really need to see a 65-foot polar bear? (See pictures of Olympic opening ceremonies...
...sliders can approach speeds reaching 90 m.p.h. The speed is part of its allure, and the rush of the event is what attracts audiences. However, throughout this week's training runs, athletes have voiced their concern about the safety of the Whistler track, which is the fastest in the world; last February, a German athlete was clocked traveling more than 95 m.p.h. during a luge World Cup test event. Over the past week, about a dozen athletes have crashed during luge training here. A Romanian Olympian was briefly knocked unconscious, and the gold medal favorite, Armin Zoeggeler of Italy, survived...