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Tabcorps Estimates Chances for Singapore License

30 Sep 2005

AUSTRALIA – As reported by the Australia Age: "Australian gaming group Tabcorp Holdings Ltd says it has about a 15 per cent to 20 per cent chance of winning its bid for a casino licence in Singapore.

"Tabcorp is one of 11 short-listed bidders for the development of an integrated entertainment and leisure resort at Marina Bay in Singapore.

"Tabcorp chief financial officer David Elmslie said there were five or six major bidders.

"…He later told journalists that Tabcorp probably had the same chances as the other four or five major bidders, who include Kerry Packer's Publishing and Broadcasting Ltd and four US casino groups…"

 
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