Re: Singapore Prefer American Casinos

I started to worry, will it becomes the future target of terrorists?

"ICHIBAWA" <china@xxxxxxxxxxx> wrote in message
news:1132329430.844489.305710@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> SINGAPORE (Reuters) - Singapore will favor U.S. casino operators
> Harrah's, MGM Mirage and Las Vegas Sands Corp. in the race to build the
> first of its two planned casinos, investment bank Merrill Lynch said in
> a report.
>
> These firms had an edge over their rivals as the conditions outlined by
> the city-state for its casino resort required "a significant level of
> financial resources, proven experience, and extensive probity," Merrill
> analyst Sean Monaghan said.
>
> "We believe these companies have the experience in dealing with the
> Asian market and we expect these companies to bid aggressively," he
> added in the report dated November 16.
>
> The three are among nine groups expected to bid for the casino on
> Singapore's downtown waterfront, estimated to cost $3.1 billion.
>
> Singapore launched its formal request for proposals for the project on
> Tuesday, providing guidelines on the licensing fees and how the
> development should be built.
>
> Merrill Lynch also said a consortium made up of Malaysia's Star Cruises
> Ltd. (SARC.SI: Quote, Profile, Research)(0678.HK: Quote, Profile,
> Research) and Genting Bhd (GENT.KL: Quote, Profile, Research) was a
> strong contender for the second casino on Singapore's resort island of
> Sentosa as the group had tied up with Universal Studios to build a
> theme park.
>
> The two projects are central to the Southeast Asian state's attempt to
> lure more tourists and diversify its economy.
>
> Harrah's Entertainment Inc. (HET.N: Quote, Profile, Research) has
> teamed up with government-linked developer Keppel Land Ltd. (KLAN.SI:
> Quote, Profile, Research) while MGM Mirage (MGG.N: Quote, Profile,
> Research) is working with 46-percent state-owned CapitaLand Ltd.
> (CATL.SI: Quote, Profile, Research).
>
> Las Vegas Sands Corp. (LVS.PH: Quote, Profile, Research) (LVS.N: Quote,
> Profile, Research) is reported to be in talks with Singapore property
> firm City Developments Ltd. (CTDM.SI: Quote, Profile, Research).
>


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