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Adelson: Asia has room for more casinos

SINGAPORE – As reported by the Singapore Business Times: "Backed by growing economic affluence, Asia has room for eight to 10 Las Vegas-style strips offering gaming and entertainment facilities, US casino tycoon Sheldon Adelson said yesterday.

"…Adelson was speaking at a news conference marking the start of construction of its US$3.2 billion (US$1 = RM3.50) Marina Bay Sands integrated resort (IR) scheduled to open here in 2009.

"Adelson said there was no 'integrated resort' in Asia offering entertainment and casino attractions like the two Singapore is planning.

"…Led by the southern Chinese enclave of Macau, Asia is witnessing a gambling boom as the region looks to new, glitzy Las Vegas-style casino complexes offering entertainment and exhibition venues to attract more tourists and business travellers…"

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