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Las Vegas Sands Wins Bid to Build Casino in Singapore

As reported by the International Herald Tribune: “Singapore said Friday that
it had selected Las Vegas Sands to build and run the first of two planned
casino resorts here, choosing the company’s vision of a $3.2 billion
convention-driven district over three other bids, including two backed by
government-owned companies. “The company promised to open the new resort,
which it has named the Marina Bay Sands, by 2009. “.Sands had disclosed
plans to create a huge entertainment district including a giant waterfall
and a museum designed by the architect Moshe Safdie, who designed the
Holocaust museum in Jerusalem. The company also promised to create 10,400
jobs, 75 percent of them for Singaporeans, and said its complex would
account for 1 percent of Singapore’s economy.”