Forecasting and Leading (FP&A) in Las Vegas
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Description
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/
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