Search
 

Eighth Wonder Plans Mega-Resort in Singapore

SINGAPORE-Bids for a casino license here are due by Oct. 10. The resort would rise on Sentosa, a small island south of Singapore.

By Anita Howarth | Updated on July 25, 2006

SINGAPORE-Eighth Wonder says it will build the world’s “most talked about resort” if it wins a casino license in Singapore. Bids close on the Oct. 10 and most of the world’s biggest casino-resort developers are expected to submit proposals.

“What we will be unveiling to the world is not just something that is going to be a local or a regional destination,” Eighth Wonder chairman Mark Advent says. “It is absolutely going to attract tourists all around the world…it will be in my prediction the most talked about resort destination in the history of the world.”

The privately held Las Vegas-based casino developer has already undertaken lengthy study missions to Sentosa island, where the project will be built, Advent says. Four other firms have also expressed interest in the Sentosa bid. Advent declined to unveil details of his company’s proposal but promised the gaming resort will have the “wow factor” if Eighth Wonder wins. He says details will be made known to the government on Oct. 10.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.