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Singapore Casino Construction to Begin Soon

12 July 2006

SINGAPORE – As reported by ChannelNewsAsia: "Las Vegas Sands Corp, which won a bid to build Singapore's first casino, is in talks with the government to refine the project's design and expects to start construction by the end of the year, a company official said.

"'Since the design was approved, we have been working through with the Singapore Tourism Board and the Urban Redevelopment Authority (URA) to refine the design,' senior vice president of Asian development Stephen Weaver said.

"…Construction for the Marina Bay Sands in Singapore's downtown area should start by the end of this year. The casino is to open in 2009.

"Weaver said another series of meetings will be held later this month to look at issues such as internal layout to improve traffic flows, creating more interest along the building's facade and adding entry points.

"…The US gaming operator, which already has an Asian presence in the southern Chinese enclave of Macau, will invest more than S$5 billion (US$3.18 billion) into the casino resort, making it one of the most expensive projects of its kind…"

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