Sheldon G. Adelson is Chairman of the Board and principal owner of Las Vegas Sands Corp., the parent company of The Venetian Resort-Hotel-Casino in Las Vegas, Nevada and Venetian Macao Limited in Macao, China. The company has submitted the winning bid, more specifically, more than 3.2 million dollars, for the right to build and operate the first casino resort in Singapore. This offer oversized three rival potential proposals only to open the resort's doors in 2009.
Last year, Singapore removed the veto from casino founding and made some straightforward adjustments into the law system regarding the nightclubs activities. The government of Singapore chose the Las Vegas Sands Corporation based on tourist potential attraction, in addition, the spectacular casino will provide great number of jobs, around 30.000 to raise the gross national product by 0.8 % before the 2015.
Aside from doubling the number of visitors and tripling the incomes from tourist management in Singapore, the new casino should become the Mona Lisa of The Louvre. Sheldon G. Adelson said, "Las Vegas Sands Corp. is honored to be selected by the Singapore Government to build and operate the Marina Bay Integrated Resort. In addition, our presence in Singapore combined with our footprint in North Asia and access to China, the largest source of tourism in the foreseeable future, will enable us to generate mutual benefits for both economies and for visitors alike".
