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Singapore casinos face delays

CENWEN

Alfrescian
Loyal
<cite class="auth">AFP - Friday, October 31</cite>SINGAPORE, Oct 30, 2008 (AFP)

Singapore's two integrated casino resorts face delays and are unlikely to open fully as scheduled, the Straits Times said Thursday quoting unnamed sources.
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Marina Bay Sands, which is being built by Las Vegas Sands, may not open fully as scheduled at the end of next year due to construction woes and rising costs, it said. An old sea wall built by British colonial rulers set back the laying down of foundation works on the construction site which sits on reclaimed land, the report said. A labour shortage and rising cost of building materials have contributed to delay the 4.5 billion US dollar development by "several months," it added. However, Marina Bay Sands general manager George Tanasijevich said in a brief statement to AFP: "We continue to target the end of 2009 for the opening of Marina Bay Sands."

The Straits Times said Resorts World at Sentosa, the second casino resort which is being built by Malaysia's Genting International, was in talks with the government to defer the opening of some facilities in the 4.1 billion dollar project. However, four hotels, the Universal Studios theme park and the casino would open as scheduled in the first quarter of 2010, the paper added. The delay in the opening of some of the facilities is due to the need to find storage space for the equipment for the attractions in the Universal Studios theme park, it said. One venue would be used as a storage site, delaying construction works, the paper said. Resorts World at Sentosa spokeswoman Krist Boo denied there were any delays. "The development... is progressing well and on schedule," she said in a statement to AFP. The plan all along was for a "soft launch" in the first quarter of 2010 with Universal Studios, Festive Walk, the casino and most of the hotels, she said. The other attractions, including the marine life park, a spa and two hotels were scheduled to open in subsequent quarters, she added.
 

myo539

Alfrescian
Loyal
Alamak, I was going to use by hard-earned money to help in the development of the casinos and by extension the economy of Singapore.

Perhaps a blessing in disguise, as it will give me more time to save some more money before entering the casino.

Unlike the greedy DBS investors, I will not let the DBS young punks to use my money to invest in any high returns "products". If I lose all the money in the casino, I will then KPKB and blame the gahment for allowing the casinos to operate - because of the casinos fake claims that you can make millions there. I may even ask the gahment or Ho Ching of Temasek Holding to pay me back what I have lost. Afterall there is a precedent already set.
 

theblackhole

Alfrescian (InfP)
Generous Asset
delay is good for singaporeans.less losses and less addictions.this is world class planning by a world class governance.well done! delay until 2120 will be great!
 
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