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Singapore Bill May Affect Bids

SINGAPORE -- As reported by the Dow Jones: "The draft of Singapore's casino control bill has a clause which may make it difficult for one company or joint venture to win the bid for both sites, the Business Times reports.

"Section 41 of the draft bill says any person who has an interest in 20% or more in a casino operator shall not acquire or hold any share in another casino operator, the report says.

"The newspaper says the rule could affect the bidding strategy of Genting International and the venture between Harrah's Entertainment and Keppel Land…"

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