Singapore Casinos
This website features information on the new casinos being built in Singapore. These Singapore casino are set to be fully constructed in 2010. Singapore is an island nation near the equator in South East Asia.
As part of the Singapore Integrated Resorts scheme, the government of Singapore has issued two casino licenses. On 26 May 2006, a casino license was awarded to Las Vegas Sands Inc. to build and run Singapore's first casino which is expected to cost US$3 billion and set to open sometime in 2009. They will be responsible for the Marina Bay Integrated Resort project.
The second license for the casino (Sentosa casino resort) projects has been awared to Genting International. This integrated resort will feature over 100,000 sq metres and able to house up to 52,000 people. A Universal theme park will be the main attraction here, along with hotel guest rooms, retail space, attractions and of course, a casino.
Singapore has put in much planning, and public debates as to the pros and cons of legalizing gambling and casinos. There were many oponents with regards to possible social ills and stigmas, but overall, these intergrated resorts (IR) is considered an important component of the government's long term strategy to increase the tourism and services sector.
SINGAPORE, May 11 (Reuters) - Shares of casino operatorGenting Singapore PLC fell as much 3.3 percent to aseven-week low after it posted a decline in quarterly earningsand several brokerages lowered their ...
UPDATE 1-Genting Singapore Q1 net falls 33 pct, looks to expand
SINGAPORE, May 10 (Reuters) - Genting Singapore PLC, which owns one of Singapore's two multibillion-dollarcasino complexes, posted a 33 percent fall in first quarter netprofit on Thursday and said it was ...
Genting Singapore posts 33 pct fall in Q1 profit
SINGAPORE, May 10 (Reuters) - Genting Singapore PLC, which owns one of Singapore's two multibillion-dollarcasino complexes, posted a 33 percent fa ll in first quarter netprofit on Thursday, due to low ...
Singapore Stocks-May see weak start on JPMorgan surprise
SINGAPORE, May 11 (Reuters) - Singapore shares may see aweak start on Friday after U.S. stock index futures fell sharplyon a surprising revelation that JPMorgan Chase & Co facessignificant mark-to-market ...
Genting Singapore Q1 net falls 33pc, looks to expand
SINGAPORE, May 10 ? Genting Singapore PLC, which owns one of Singapore?s two multibillion-dollar casino complexes, posted a 33 per cent fall in first quarter net profit today and said it was looking for new projects to expand its business. ?We took advantage of the favourable financial markets conditions and leveraged our brand name and management ...
