#590 - Resorts World Sentosa Underperforming? & HSBC Senior Managers Scramble to Keep Their Jobs

There’s a saying in gambling: the house always wins. Unless, it seems, you’re Resorts World Sentosa. Due to unsatisfactory tourism metrics, authorities have only renewed its casino licence for two years, instead of the usual three. The Integrated Resorts opened to such fanfare in 2010, yet RWS’ facade now seems to be… dare we say… DISintegrating? Where did it all go wrong? In other news, HSBC’s new head honcho is doing such a big business shakeup that senior managers now have to reapply for their jobs, if they want to keep them. Now that’s a whole other way to drive organisational performance!

(00:00) Tell You First
(00:48) Intro
(08:09) Resorts World Sentosa Underperforming?
(29:11) HSBC Senior Managers Scramble to Keep Their Jobs
(40:40) One Shiok Comment
(43:18) One Shiok Thing

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Resorts World Sentosa Underperforming?

• RWS casino licence only renewed for 2 years as tourism performance 'unsatisfactory'
• GRA’s statement
• Resorts World Sentosa's casino licence renewed for just 2 years over 'unsatisfactory' tourism performance
• RWS waterfront development set to open by 2030; to feature 88m-tall sculpture, 'mountain' trail
• [2023] Resorts World Sentosa fined S$2.25m for not performing checks when collecting cash of S$5,000 or more
• [2022] Singapore extends Marina Bay Sands casino license until 2025 – IAG

HSBC Senior Managers Scramble to Keep Their Jobs

• HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say
• HSBC managers are competing to keep their jobs in CEO’s revamp

One Shiok Comment

• Meme by hayata_s

One Shiok Thing

• Hilarious Viral Clip of AOC & Elon Musk Apologizing & Falling In Love
• When The Jump Scare is Actually Clever | Vanity Fair

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Edited and mixed by Tristen Yeak