Singapore Sets Standards for Casino

Standards have been set by the Singapore government, according to which bids to build a casino resort on the island will be judged. Singapore is looking to promote tourism with this casino, and therefore, companies will be judged according to the expected contribution they will make to tourism. The contribution to tourism carries about a 40 percent influence on the decision of who will build the casino-resort.

The casino-resorts, one which will be located at Marina Bay and the other on the resort island of Sentosa, will aim to uphold Singapore's standing as a prime tourist and business destination. The casino-resorts must also be modern and unique from other casinos around the world.

Government officials must decide who will build the Marina Bay casino by March 29, the final day for bidding. Four companies remain in the bid to build the casino: Genting International PLC, Las Vegas Sands Corp., MGM Mirage and CapitaLand Ltd. Requests for bidders to build the Sentosa casino will probably be launched by the end of the year.

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