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Singapore News - Page 11

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Kerzner reveals funding plans

International News Brief: Kerzner International Ltd, one of three bidders for Singapore's second casino-resort, said it would fund the US$3.4 billion proposal through debt and equity if it wins the concession.

Packer casino adds Pele to team

International News Brief: James Packer's $4.7 billion Singapore casino bid is offering to set up a soccer school run by football star Pele, and to create a reef designed by the grandson of Jacques Cousteau.

Singapore gaming: Island dreams

Mark Advent, the man behind the New York-New York megaresort on the Strip that helped change the face of Las Vegas, is hoping to bring some of his creativity to Singapore.

Eighth Wonder proposal revealed

Eighth Wonder, a Las Vegas casino developer vying to build Singapore's second casino-resort, Tuesday unveiled its proposal which included wedding pavilions designed by Vera Wang and a soccer stadium named after soccer legend Pele.

Singapore license announced in December

nternational News Brief: 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.

Official: Singapore will thrive

International News Brief: Big US corporations are already operating casino destinations in Macau, and industry leaders say Singapore and China have developed a good strategy to compete.

Architect gives Kernzer the edge

International News Brief: Analysts say reknowned architect, Frank Gehry, gives Kerzner an edge over its two rivals.

Singapore casino details revealed

International News Brief: CapitaLand Ltd and Kerzner International Holdings have decided to name their joint venture "Alantis Sentosa" if they are successful in their bid for a Singapore casino license.

Genting finds lenders

International News Brief: Genting Bhd got five banks to lend close to US$1.5 billion for its proposed Singapore casino project, according to Bloomberg.

Gus Hansen at Betfair Asian Poker event

One of the world’s best poker players, Gus Hansen, will challenge for the Betfair Asian Poker Tour’s inaugural event in Singapore.

PBL shares dip

International News Brief: Publishing & Broadcasting Ltd. shares fell yesterday on the news it has joined a consortium bidding for the second Singapore casino.

Harrah's passes on Singapore bidding

Harrah's Entertainment officially ended its 20-month-long quest to build a casino in the city-state of Singapore, announcing Friday that it would not submit a bid proposal for a site at Sentosa Island.

Three bids expected for second Singapore license

International News Brief: Three consortiums are expected to bid formally on Oct 10 to build and run Singapore's second casino project, a day after giving their proposals to authorities.

Agreement with Eighth Wonder restructured

Isle of Capri Casinos, Inc. reports a revised agreement in connection with resort developer Eighth Wonder's proposal to build an integrated resort complex on Sentosa Island in Singapore.

Harrah's Entertainment, Keppel Land Release Statement on Singapore Bid

Harrah's Entertainment, Inc. and Keppel Land) today issued a statement regarding the companies' decision not to submit a bid proposal for the Singapore Tourism Board Sentosa Island integrated resort project.

Harrah's Plan for Singapore in Jeopardy?

The first casualty stemming from this week's massive buyout offer for Harrah's Entertainment may be the company's proposal to build a casino in Singapore.

Harrah's Reviews Singapore Bid

International News Brief: Harrah's Entertainment Inc. said on Wednesday it was reviewing its bid for Singapore's second casino resort after it received a $15 billion buyout offer in the United States.

Architect Named for Genting Bid

International News Brief: An architect whose imprint can be found on stainless steel tea kettles around the world, as well as Florida's Walt Disney World Resort, has been unveiled as the creative force behind Genting International's Sentosa bid.

Former NYC Mayor Giuliani is Consultant for Casino Project

International News Brief: Eighth Wonder, one of four bidders vying for Singapore's second casino license, on Sunday said former New York City Mayor Rudy Giuliani is a security consultant for the project.

AFC Official: Legalized Betting will Curb Corruption

International News Brief: A legalised betting system is vital to winning the battle against match-fixing, according to Asian Football Confederation general secretary Peter Velappan.

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