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COPYRIGHT 2006 Las Vegas Review-Journal
Byline: Howard Stutz
Mar. 31--Singapore's first casino could become one of the most expensive gaming projects ever constructed, based on statements released Thursday by two of the four companies competing to build a resort complex on a 50-acre waterfront location near the financial district.
Las Vegas Sands Corp. said it would invest $3.6 billion to build the Marina Bay Sands and would have the project open by 2009. Meanwhile, Malaysia-based Genting International PLC, which is bidding on the project with Star Cruises Ltd., said the consortium would spend $3.1 billion to build Singapore Entertainment & Events Destination, or SEED.
Neither MGM Mirage nor Harrah's Entertainment would divulge the prices of their hotel-casino proposals. All four bids were submitted to the Singapore government Wednesday.
The government is...
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