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Singapore license announced in December

30 October 2006

SINGAPORE – As reported by AFX: "The winning bid for a multi-billion-dollar casino complex on Singapore's resort island Sentosa is to be announced in early December, National Development Minister Mah Bow Tan said in remarks published today.

"…Mah was also quoted as saying during a visit to China that the Sentosa casino resort will be different in several key aspects from one to be built along Marina Bay near the downtown area.

"…The Marina Bay casino, to be built on reclaimed land by US giant Las Vegas Sands which won the bid last May, will be close to the banking and convention district. Sands says it will spend 3.2 bln usd on the project, which is due to be ready in 2009…"

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