Las Vegas Sands, intends to invest $3.6b if it wins Singapore's first casino licence, building the most expensive development of its kind ever.A statement issued by the company says Sands "is proposing to invest 3.6 billion US dollars to develop The Marina Bay Sands, making it possibly the most expensive integrated resort ever proposed."
The bid was submitted on Wednesday to the Singapore Tourism Board after three other groups filed their proposals for the waterfront Marina Bay site where the "integrated resort" is expected to open in 2009.
Other groups involved in the bidding are Malaysia's Genting International with its minority partner Star Cruises, MGM Mirage and Harrah's.
