Kerzner International Preserves Bid For Casino-Resort
Despite the shocking death of CEO Butch Kerzner, Kerzner International, Ltd. will move forward with plans to build a casino in Singapore. Kerzner is an international resort and casino gaming developer with properties worldwide. They became a household name with the creation of Atlantis, Paradise Island in the Bahamas.
Kerzner International and a local Singapore partner, are among 3 companies competing for the final license to develop and operate a casino gambling resort on Sentosa Island, Singapore. Sinagapore has really stepped up efforts to increase tourism through mega-resort development on their islands.
Singapore legalized casino gambing last year and said it would allow 2 casino resorts to be built. Back in the summer, the 1st license was awarded to Las Vegas Sands to build and operate in Singapore.
Butch Kerzner, a graduate of Stanford University and son of Sol Kerzner, the founder of Kerzner International, was scouting real estate in the Dominican Republic yesterday when his helicopter unexpectantly crashed into a steel structure.
Paul Oneil, an active board member, will temporarily take over the helm as CEO of the Bahamian based-developer. At CasinoGamblingWeb.com, we send our most sincere condolences to the Kerzner family. He was an outstanding citizen, truly admired by all of us in the industry.
October 12, 2006
Posted By Susan Torres
Staff Editor, CasinoGamblingWeb.com
Previous Page | Internet Gambling | Top Online Casinos | Submit News!