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Tabcorp Teams Up with Village Roadshow

21 Apr 2005

AUSTRALIA – As reported by the Australian: "Tabcorp is expected to team up with Village Roadshow for the next round of proposals for Singapore's two casino and resort projects which could be valued at more than $5 billion.

"The Melbourne-based gambling and casino operator is seen as one of the front-runners for a family-friendly concept for at least one of the casino projects which will include hotels and theme parks like Village Roadshow's Sea World on the Gold Coast, a popular destination for Singapore tourists.

"Tabcorp and Kerry Packer's Publishing & Broadcasting Ltd were among some 14 groups that submitted a total of 19 different concept proposals earlier this year for integrated casino and leisure developments in Singapore.

"…Tabcorp submitted concepts for the two sites and the Singapore media this week named the company as one of three leading contenders for a $3 billion casino/resort on Sentosa which has been developed as a resort and water-sport area.

"…A Tabcorp spokesman said yesterday that the company was waiting to hear whether it would be invited into the next round of bidding by the Singapore Government. He would not comment on reports in Singapore that it would be teaming up with Village Roadshow for its proposals…"

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