FP&A Today

Forecasting and Leading (FP&A) in Las Vegas

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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/

    ...more
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    FP&A TodayBy Glenn Hopper
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