Steve Wynn's next goal: A casino resort in Singapore
Casino gaming tycoon Steve Wynn, who controls Wynn Resort and Wynn Macau, is keen to build a property in Singapore, where two one-year-old casino-resorts - Genting Singapore's Resorts World at Sentosa and Las Vegas Sands' Marina Bay Sands- are about to surpass the entire Las Vegas Strip in gaming revenues this year.
Such a hotel would need the ancillary income of a casino to justify the investment, he added.
Singapore legalised casino gaming in 2005 in a bid to double visitor arrivals by 2015. Genting Singapore's Resorts World at Sentosa opened in February last year, while Las Vegas Sands' Marina Bay Sands started operations in April.
Wynn will have to wait till March 2017 to open a property in the Southeast Asian city as Singapore has granted the two incumbents exclusivity for the period.
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