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Non-Tech : Wynn Resorts
WYNN 118.99-0.7%Oct 31 9:30 AM EST

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From: Jagfan4/18/2005 4:37:47 PM
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Singapore gives green light for 2 casinos to boost tourism

SINGAPORE, April 18

Prime Minister Lee Hsien Loong on Monday announced that Singapore will scrap its longstanding ban on casino gaming and will allow the construction of two casinos to woo tourists and keep Singapore ahead of fierce economic competition in the region.

Addressing parliament, Lee said, 'After studying the bids and considering all the views expressed, the Cabinet has decided to proceed with the project.'

He said the government would call for firm proposals to develop two integrated resorts including 'gaming components,' one at Marina Bay and the other at Sentosa Island.
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