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Sands Wins Singapore Casino Bid
May 27, 12:37 PM EDT |
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| Las Vegas Sands won the license to build casino in Marina Bay, singapore. The company won three-way race. |
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| Singapore in an attempt to diversify from the its manufacturing base granted its first gambling license to build a casino. The $3.2 billion casino may be the most expensive casino built ever in the world. The casino is scheduled to open in 2008 and generate more than 10,000 jobs in Singapore and add S$2.5 billion to the economy by 2015. Las Vgas Sands stock rose 9%. |
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