Friday, December 16, 2005

Las Vegas wedding in Singapore

As the bidding process for Singapore's new (don't call them casinos) Integrated Resorts heats up, Las Vegas Sands has become the latest company to tie the knot with a new Singaporean partner. City Developments is a property developer who will presumably add some local clout to the Sands Group's bid as they vie to add a second string to their Asian bow.

We report on this because, like their Venetian Macau project, the Bayfront Marina IR in Singapore (as opposed to the other one on Sentosa Island) will include a convention and exhibition centre....right next door to the existing Suntec City development. We most recently reported on the Venetian's success in building up its exhibitions calendar two years before it opens its doors. We also talked back in June about how this development is making the industry in Hong Kong nervous.

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