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Company Confident Casino Will Attract Tourists

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The head of the Las Vegas Sands Corp. said Tuesday the $3.6 billion casino resort project it recently won the license to build in Singapore would make the Southeast Asian nation a key conference and tourism destination.

President and CEO William Weidner said the Marina Bay Sands will be operating by 2009 and account for 1 percent of Singapore's annual gross domestic product.

He cited his company's integrated resort track record in Las Vegas -- where it owns The Venetian -- and its Asian footprint in Macao, where it operates the Sands Macao as key factors in their win of the hotly contested license, which was awarded Friday.

May 31, 2006
Posted By Bob Hartman
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