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Sun International Won't Bid for Singapore License

2 Jun 2006

SINGAPORE – As reported by Reuters: "Top South African casino operator Sun International said on Friday it would not submit a bid for the second of Singapore's two planned casino resorts, narrowing the number of contenders for the billion-dollar project.

"Sun said the Singapore development would involve too great a diversion of its resources, adding that it was focusing on two "high-potential projects" in the UK.

"The group, owner of South Africa's glitzy Sun City resort, said it was looking to expand in other African countries, including Nigeria.

"…Bids for the second casino, slated for Singapore's resort island of Sentosa, are due in October. Sun's pullout leaves three confirmed bidding groups…"

 
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