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Singapore's Proposed Integrated Resort Gets Good Response

28 February 2005

SINGAPORE – As reported by News Channel Asia: "Response from foreign casino operators to take part in Singapore's proposed integrated resort has been strong.

"At the end of Monday's deadline for the submission of concept plans for the project, at least 10 key players in the gaming industry have thrown in their hats into the ring.

"Channel NewsAsia understands that one company that's interested in the integrated resort project has spent US$1m alone on its concept proposal.

"The resort is expected to cost some S$1b-S$2b to develop.

"But latecomer Eighth Wonder says it is setting aside as much as S$3b.

"The company rushed to beat the noon deadline on Monday, with founder and chairman Mark Advent turning up at the Singapore Tourism Board at the last hour to make its submission…"

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