Sean Monaghan
Moguls abandon bid for Singapore casino
"A lot of companies put their hands up initially, but the winner has to be a company that is very good at maximizing every necessary component of the casino-resort," said Sean Monaghan, a casino analyst at Merrill Lynch based in Singapore. "Very few companies are good at that."
Takeover attempt in US may put Harrah's Sentosa IR bid in jeopardy
Said Merrill Lynch analyst Sean Monaghan: "Casino bidding is always full of surprises. The takeover is yet another one. I don't think Keppel or Harrah's had expected this to come along."
A Betting Affair
Monaghan thinks that as long as big casino operators are reaping in the profits from their casinos in Asia, there will be continued investments in the Asian gaming scene. "Las Vegas Sands and many Western operators profit from the growing Asian gaming scene. They get a bigger profit from their Asian casino operations than their Las Vegas ones."
Singapore makes an honest bet
Merrill Lynch Singapore vice president Sean Monaghan, a top gambling analyst, said. "The Singapore government continues to make decisions in the best long term interests of the majority of citizens rather than for the benefit of a few."
Casino competition heats up, can S'pore IRs take the heat?
Said Mr Sean Monaghan, a Merrill Lynch analyst who monitors the gaming industry: "The Japanese will most likely be basing their casino-cum-entertainment complexes on the Singapore IR model, but both countries will be catering to different markets which would not overlap much."
Macau casino revenues eclipse Las Vegas Strip resorts
Merrill Lynch casino analyst Sean Monaghan, speaking at the 13th International Conference on Gambling and Risk-Taking which ended Friday, said the reported $5.6 billion in revenue for Macau casinos has been compared to a similar win by Strip resorts in fiscal 2005.