Singapore casino race nears end
MGM Mirage and CapitaLand have teamed up to submit a bid to build the first casino in Singapore.
The two companies are rumoured to be front runners in the race for the ambitious $3 billion casino complex project, with their proposal including a resident Cirque du Soleil act, Reuters reports.
The city state is currently accepting final bids for the scheme and the downtown waterfront casino will be the first of two controversial large-scale gambling ventures, aimed at attracting more visitors to Singapore and both scheduled for completion in 2009.
The final Marina Bay complex will be one of the most expensive in the world. Officials from each of the bidders, as well as designers and architects, will all arrive in Singapore to put forward their case for the contract in person soon.
Casino giants Harrah’s Entertainment and Keppel Land, Las Vegas Sands, and Malaysian partnership Genting International and Star Cruises, are all bidding for the Singapore deal.
Ministers from the Singaporean government will assess the bids in terms of tourism appeal and contribution, concept and design, and development investment, before announcing the winning proposal in June this year.

