We host our first ever FP&A guest from the US casino and gambling sector with the head of FP&A at Genting Americas, a world leader in casinos and lodging with luxurious loactions in Las Vegas, Bimini, Malaysia, Singapore, the Philippines, and the United Kingdom.
Bill Singh is VP FP&A of Genting Americas, part of the world’s largest Destination Resort operator operating as Resorts World . Genting boasting five public companies capitalized at $45 billion and employing more than 50,000 people worldwide. This episode reveals their inside FP&A game including metrics such as “win per unit per day” tacking the “hold”. Bill is strategic leader with more than a decade leading FP&A and providing insights on skills and budgeting management, to insider advice about gaming.
In this episode:
- Getting an unexpected offer of an FP&A role at a casino in Nevada
- Why FP&A at the “nexus of data and decision-making” is an “ultimate” career path
- Critical skills you must develop in FP&A
- Giving “X+1” in your FP&A answers
- Salesmanship in FP&A
- FP&A metrics: “Win per unit per day and hold”
- Lodging: occupancy, your ADR, your revenue per available room
- Odds and statistics from tables, games and FP&A modeling
- Insider advice about gaming (including “Don’t play a game right by the door”)
- The power of leading budget for the operating side and the capital budget for all divisions +lessons from 10 years of budgeting
- The impact of AI in getting answers faster for operators
- MATCH+TEMPO – My favorite Excel function and lessons from drumming
Follow and connect with Bill Singh: https://www.linkedin.com/in/billsinghprofile/
