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Singapore News - Page 14

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Report: Asian Casino Revenues to Increase

International News Brief: Casino revenues in Asia will increase 20 per cent to $13 billion in 2006, driven by the strong growth of Macau's gaming industry, according to a report by Las Vegas-based consultant Globalysis.

Singapore Casino Bidders in Final Countdown

International News Brief: A shrinking pool of potential bidders in the race to build Singapore's first casino raises questions about the lasting business allure of a massive resort costing about US$3 billion.

PBL Pulls Out of Singapore Race

International News Brief: Publishing & Broadcasting Ltd has pulled out of the race to build a multibillion-dollar casino in Singapore, the first big corporate move by James Packer since the death of his father Kerry last week.

AEG Live Signs on with Harrah's Marina Bay Team

Harrah's Entertainment, Inc. and Keppel Land announced the signing of a memorandum of understanding with Anschutz Entertainment Group, Inc.'s AEG Live Division.

Harrah's Signs With Singapore's Top Convention Center

Harrah's Entertainment, Inc. and Keppel Land announced the signing of a memorandum of understanding detailing an arrangement with Suntec Singapore International Convention and Exhibition Centre to jointly promote Singapore.

Taubman to Join Harrah's Singapore Bid

International News Brief: The Asian arm of Taubman Centers Inc. says it would join Harrah's Entertainment Inc. and Singapore developer Keppel Land Ltd., which are bidding for Singa

Singapore Board Confirms Bids

International News Brief: The Singapore Tourism Board has confirmed that five groups beat the deadline for submission of documents, indicating their intention to bid for the proposed development of the Marina Bay integrated resort and casino.

LV Sands, City Developments Join Forces for Singapore Project

Las Vegas Sands Corp. and Singapore developer and hotel group, City Developments Limited, will jointly pursue the development of an integrated resort at the Marina Bayfront in Singapore.

Harrah's Adds Organizer to Singapore Bid Team

International News Brief: Harrah's Entertainment Inc. and developer Keppel Land Ltd. have added Suntec, a conventions organiser, to their team that is seeking to operate Singapore's first casino resort.

Wynn Departs Singapore Bidding

Wynn Resorts Ltd. has withdrawn from bidding for one of the two proposed gaming-resort sites in Singapore because the Las Vegas-based casino operator cannot devote necessary resources to the project.

Tabcorp Withdraws Singapore Bid

International News Brief: Tabcorp has withdrawn from the bidding for a major casino development in Singapore following a sharp rise in the likely cost of the luxury complex.

Guocoland Withdraws Singapore Casino Bid

International News Brief: Property developer Guocoland Ltd. has withdrawn from the bidding to develop a casino resort at Singapore's Marina Bay.

LV Sands Adds Chefs to Singapore Bid

International News Brief: Las Vegas Sands Corp has signed up six of the world's top chefs to sweeten its bid to build a casino resort in Singapore.

Sands Says Does Not Need Singapore Ally For Casino

International News Brief: Las Vegas Sands Corp. said on Wednesday it does not need a Singapore partner for its bid to build the city-state's first casino.

Singapore Woos Star Architects

International News Brief: Singapore is wooing top architects such as I.M. Pei and Daniel Libeskind to design an iconic casino building on a par with Sydney's Opera House and Bilbao's Guggenheim Museum.

MGM Mirage: Singapore Bid Unaffected by Investigation

International News Brief: MGM Mirage Inc said an investigation by gaming regulators in the New Jersey into its casino joint venture in Macau with Shun Tak Holdings Ltd has no impact on its bid to develop a resort-cum-casino here.

Singapore Ups the Ante by $1bn for Casino

International News Brief: Singapore has imposed a stiff minimum bet of almost $1 billion on casino operators vying to play in the island state

Singapore Casino Tender Launches Soon

International News Brief: After two delays, Singapore said it will launch the formal requests for proposals for a casino resort at Marina Bay near the city center on Nov. 15, with a submission deadline of March 29, 2006.

Singapore Fixes Casino Land Price

International News Brief: Singapore said companies competing for the right to build the country's first casinos will pay a fixed price for land, a move aimed at averting a bidding war that would sap funds available for developing the projects.

Singapore to Form Casino Exclusion Panel

International News Brief: Singapore’s National Council on Problem Gambling will be forming a panel to assess exclusion order towards the end of 2007.

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