Las Vegas Sands wins Singapore casino bid
The Singapore Government has awarded Las Vegas Sands the right to build and operate the country’s first casino, due to open in 2009.
Las Vegas Sands beat rival bidders MGM Mirage, Genting of Malaysia and Harrah’s Entertainment.
Each of the proposals was judged on tourism appeal and contribution, architectural concept and design, development investment and the strength of the bidding consortium.
President and chief operating officer of Las Vegas Sands, William Weidner, said: “Our top priority is to partner with the government and the people of Singapore to ensure that we deliver on Singapore’s economic and social goals to enhance its status as one of the world’s greatest travel destinations.”
The Marina Bay casino resort will reportedly cost more than S$5bn (£1.6bn, US$3.2bn, 2.4bn euro) to build.
It will feature 2,500 hotel rooms, three entertainment venues, the region’s first museum, a theatre, restaurants, spa and fitness facilities and a Piazza Club.
Singapore lifted its four-decade long ban on casinos last year. Details: www.lasvegassands.com
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