In the May 16, 2005 Las Vegas Sun, Steve Wynn was quoted as being very critical of the Singapore government's direct involvement in designing Singapore's casino project. Wynn said, "Don't issue thunderbolts of wisdom from the top of Mount Olympus. Ultimately, this is not between me and the government, it's between me and the public."
I wondered at the time whether Wynn's outspokenness eliminated him from consideration. Today's Las Vegas Review Journal reports that Wall Street analysts question the wisdom of investing $3.5 billion in two Singapore casino projects. It may well be that Steve Wynn was the first to see the potential downside of Singapore.
Read the LV Review Journal article here:
Gaming Analysts Wonder If Singapore Plans Sensible