Singaporian Chief Casino Officer of Genting Resorts World Sentaosa, Andrew MacDonald, resigns from his position.
In a surprising turn of events, Andrew MacDonald, the Chief Casino Officer at Resorts World Sentosa (RWS), has announced his departure from the Singapore-based integrated resort. According to the Straits Times, the date of his departure is listed as November 1.
The news comes as an unprecedented move in the gaming industry, as Mr. MacDonald was responsible for overseeing the overall casino business at RWS. Industry experts view this decision as a significant development, given his extensive experience and role within the company.
Prior to joining RWS, Mr. MacDonald spent almost 12 years at Marina Bay Sands (MBS), where he served as the Executive Vice-President of Casino Operations and later as the Chief Casino Officer for MBS parent Las Vegas Sands. He left MBS in July 2021.
In September 2022, Mr. MacDonald joined RWS, after a non-compete clause in his separation agreement expired. His departure from RWS is stated as being due to pursuing personal interests.
It's worth noting that Genting Singapore, RWS's parent company, is part of the Bursa-listed Genting Group. Shares of Genting Singapore ended trading on November 1 up 1.2 per cent at $0.845, before the update.
The ban imposed on Mr. MacDonald, allegedly due to attempts at poaching high-rollers, seems to be unrelated to his departure from RWS. However, this issue was seen as an unprecedented move within the industry.
The annual report for Genting Singapore, for the year ended December 31, 2023, lists Mr. MacDonald's total remuneration as between $2,500,000 and $2,750,000.
At this time, there is no public information available about the reasons behind Mr. MacDonald's resignation from RWS. If you're interested in staying updated on this topic, I can help monitor news sources or suggest where to look for official announcements.
- Andrew MacDonald's departure from Resorts World Sentosa (RWS) has created a stir in the casino-and-gambling industry, as he was a key figure overseeing the casino business at the Singapore-based integrated resort.
- Given his extensive background, with almost 12 years at Marina Bay Sands (MBS) and later as the Chief Casino Officer for MBS's parent company, Las Vegas Sands, industry experts view MacDonald's decision as a significant development.
- The politics surrounding MacDonald's suspected poaching of high-rollers at another casino seem unrelated to his departure from RWS, but this event was also an unprecedented move within the casino culture.
- As the Chief Casino Officer at RWS, MacDonald was influential in the casino-games sector, and his departure may have implications for the financial business strategy of both RWS and related casino-personalities within the industry.
