Pele's Singapore shot
Las Vegas-based company Eighth Wonder are hoping an association with footballing legend Pele will help secure the licence for Singapore’s second casino licence.
Eighth wonder plan to build a 5,000-seat stadium named after the Brazilian, which would be integrated within “Harry’s Island”, a gaming a leisure resort which would be built on Sentosa Island. Among other attractions at the development would be the world’s first cultivated coral reef.
“The Pele Stadium on Sentosa will be an international beacon and symbol for athleticism, team spirit and personal accomplishment, and showcase Singapore as a premier destination for world class sports and entertainment,” said Eighth Wonder founder, Mark Advent.
Pele was suitably impressed by the proposals, stating that to him it was “something unique”.
Eighth Wonder’s Harry Island resort will be based upon a fictional character created by Mark Advent and will see a potential investment of $3.5 billion in the project if successful.
Last year, Singapore legalised casino gaming and announced it would grant licences for two casino resorts in a bid to double tourist visits to 17 million by 2015. The first licence was given to Las Vegas Sands Corp. this May, with the operator planning to open its $3.6 billion casino resort by 2009.
Eighth Wonder, who are teaming up with Australia’s Publishing and Broadcasting LTD and Hong Kong’s Melco International Ltd, will face competition for the last remaining licence from Genting International PLC, Star Cruises, Kerzner International LTD and Singapore’s own CapitaLand Ltd.
Editor, Jackpot.co.uk - 2006-11-28 11:07:58