Author: Elena Todorova
123jump.com
Last Update: 11:57 AM EDT May 26 2006

Las Vegas Sands rose 12% on news that it won the right to build the first casino resort in Singapore, ousting other bidders like MGM Mirage and Harrah''s Entertainment. In March, Sands said that it was prepared to spend $3.6 billion to develop the Marina Bay property, which includes 2,500 hotel rooms, 1.2 million square feet of meeting space, a million more in retail and three entertainment venues.