Two Way Hard Three | Las Vegas Casino & Design Blog

May 26, 2006

Las Vegas Sands Wins Singapore Bid

Posted by Hunter

I didn't realize they were ready to make a decision on this already... Looks like LV Sands won the right to build the first casino in Singapore, a huge coup for the company. Shares are up sharply on the news.

They have pledged $3.6 billion for the project in the Marina Bay district of the city.

Yahoo Finance

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Comments

Read archived comments (4 so far)
May 26, 2006 7:54 PM Posted by josh

I had really hoped Harrahs would win the bid--there iport seemed to be an attraction that would actually attract big crowds including families.
The Science museum at the Sands just sounds plain boring and there's nothing else to do--didnt sound like there would be a massive mall.

May 27, 2006 3:30 PM Posted by devon

does anyone think that wynn resorts would have won the singapore bid?

May 27, 2006 8:21 PM Posted by Brian Fey

Devon -- No, Wynn pulled out of this bid. He said he is already spread too thin, with Macau and Vegas. He didn't need a third country to be traveling too also.

June 4, 2006 9:05 AM Posted by josh

Do you know the cost for Sands to build the IR in Singapore. About a month ago, all the articles were saying they were spending 3.6 billion; now they are saying 3.2 billion??