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Tuesday, September 05, 2006

DEVELOPMENTS - Asia bets on casino boom

Singapore’s plans to build casino resorts could set the stage for other Asian countries to build similar entertainment complexes in the years ahead, the top executive of Las Vegas Sands Corp. said. “There could be as many as 10 ‘Las Vegases’ in Asia,” said Sheldon Adelson, chief executive officer of the U.S.-based luxury casino operator. “Other countries will say: ‘If it’s good enough for wholesome Singapore, it’s good enough for us.’ ”

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