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Singapore News - Page 17

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Harrah's, Keppel Land Invited to Submit Singapore Proposal

Harrah's Asia Pte Ltd., and Keppel Land, Ltd., have been invited by the Singapore Tourism Board to submit joint proposals for two integrated resorts in the Republic of Singapore.

Merrill Lynch: Singapore Casinos Could Generate $2 Billion

International News Brief: The casinos in the two integrated resorts in Singapore could generate revenue of as much as $2 billion a year.

Wynn Resorts for Singapore License Bid

Wynn Resorts has been notified by the Singapore Tourism Board that it has qualified to participate in the Request for Proposal for an Integrated Resort that will be issued by the Singapore Government in the second quarter of 2005.

MGM Mirage Invited to Submit Proposal for Singapore Casino

MGM Mirage reports that it, along with its partner CapitaLand, has been invited by the Singapore government to submit a joint proposal for an integrated resort complex in the Marina Bayfront.

New Century Eliminated from Singapore Casino Hopefuls

International News Brief: Singapore has eliminated at least one Hong Kong bidder from the competition to open a casino resort in the city state.

Infotech Firms to Profit from Singapore Casinos

International News Brief: Specialist infotech firms offering niche solutions for casino operators could hit the jackpot once the two integrated resorts come up in Singapore.

Tabcorp Teams Up with Village Roadshow

International News Brief: Tabcorp is expected to team up with Village Roadshow for the next round of proposals for Singapore's two casino and resort projects which could be valued at more than $5 billion.

Analysts: Singapore Casinos Won't Cut Macau Gaming Revenue

International News Brief: Singapore, which lifted its ban on casinos this week, probably won't cut gaming revenue at Macau because the cities are vying for different markets, analysts such as Karen Tang say.

Asia Bets on Las Vegas-Style Casinos

International News Brief: Several Asian countries are easing restrictions on casinos, taking a bet that Las Vegas-style gambling halls will attract more tourists and create jobs.

Singapore Tourism School to Train Casino Workers

International News Brief: Tourism Academy at Sentosa begins training second year students of the Hospitality and Tourism Diploma course from Temasek Polytechnic to fill the 35,000 jobs that will be created by Singapore’s new casino resorts.

Gambling Beyond Nevada: Casinos OK'd in Singapore

Singapore announced Monday that it would allow construction of a pair of Las Vegas-style casinos, giving two gaming operators a potential for a significant revenue jump by the end of the decade.

Analysts Optimistic About Singapore Casino Prospects

International News Brief: Most analysts and industry watchers are decidedly bullish over the economic prospects and spin-offs an integrated casino resort will bring to Singapore, although social costs are still hard to quantify.

Singapore Sets Up Problem Gambling Framework

International News Brief: The Government will set up a comprehensive national framework to tackle problem gambling in Singapore.

Singapore Paves Way for Las Vegas Firms to Compete for Licenses

Singapore scrapped a four-decade ban on casinos to boost tourism, clearing the way for companies including Las Vegas Sands Corp., Wynn Resorts Ltd., Harrah's Entertainment Inc. and MGM Mirage to compete for the right to build two entertainment complexes in the city.

Singaporeans Not Surprised By Casino Decision

International News Brief: Most Singaporeans were not surprised by the Government's green light for the integrated resorts-cum-casinos.

Singapore to Allow Two Casino Resorts

International News Brief: Singapore will allow two integrated casino resorts to be built, one at the Marina Bayfront and another on Sentosa, Prime Minister Lee Hsien Loong revealed in Parliament on Monday.

Official: Singapore Must Tackle Gambling's Social Costs

International News Brief: Deputy Prime Minister Tony Tan has said that Singapore must be ready to tackle the social costs if it decides to have a casino.

Survey: Half of Singaporeans Gamble

International News Brief: A survey has shown that more than half of Singaporeans gamble, but only two in 100 are at risk of gambling addiction.

Singapore Market Waits for Casino Decision

International News Brief: Singapore shares closed little changed on Wednesday, with gains capped by a lack of positive leads in the market. Most interest was centred on which companies could win a deal to run a casino project for the government.

Singapore Cabinet Makes Casino Decision

International News Brief: Senior Minister Goh Chok Tong said the Singapore Cabinet had made its decision on the casino issue during a meeting last Saturday.

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