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Singapore Casino Hopefuls Spend Millions to Bid

23 March 2005

SINGAPORE – As reported by the Singapore Asia One: "Even before the first dice are thrown, the bidders for the proposed Singapore casino could have spent about $20 million on their proposals

"One local bidder is said to have spent more than US$1 million on his proposal, say sources.

"This includes not only his time, but those of architects, draughtsmen and the scale models that were submitted with the bid.

"…Other bidders are also likely to have spent around that amount each, added the sources.

"With 19 bids said to have been submitted at the end of last month, the money spent so far could add up to $20 million…"

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