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Genting Wins 2nd Singapore Casino Resort Contract

SINGAPORE-The Malaysian company's $2.98-billion plan includes 1,830 rooms in six hotels and a Universal Studios theme park.

By Brian K. Miller | Updated on December 11, 2006

SINGAPORE-Genting International of Malaysia and partner Star Cruises have been selected to develop Singapore’s second casino resort. The team’s winning $2.98-billion proposal calls for 1,830 rooms in six hotels–one designed entirely by Michael Graves–and Asia’s second Universal Studios theme park.

The theme park, which will occupy about half of the 121-acre property, will have 22 attractions in seven “worlds.” Other components of the resort include an interactive marine park, a water park, a maritime museum and 1,600-seat theater, a full-service spa, gourmet restaurants, high-end shops and meeting facilities. Called Resorts World at Sentosa, the development is scheduled to open in 2010.

Singapore last year reversed a longtime ban on casino gambling and issued request for proposals for two casino resorts, the only two casino resorts that will be built for at least the next 10 years. The first casino-resort contract, slated for Marina Bay, was awarded in May to Las Vegas Sands Corp., which plans to open a $3.6-billion casino resort featuring a 1.2 million-sf convention center by July 2009.

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