Word out of Steve Wynn's camp is that the astute Hotelier with the Midas touch is about to set up shop in Singapore.
"It's my next goal in life," he beamed to the media in a recent press interview.
The lofty "dream" - though within his grasp - may be in limbo for the moment if the scuttlebutt is true.
According to sources, Wynn is required to hold off on the gamble because of a restriction imposed by the Government which requires exclusivity for current Casino owners.
Years ago, a friend invited me to jet off to Singapore for a vacation and to take in the exotic sites.
But, I begged off.
In retrospect, I now kick myself for not jumping at the opportunity to explore the historical mystical city.
In recent years, mind-boggling property developments has moved forward, with a spotlight on futuristic architectural design.
For instance, an awesome rooftop infinity pool at Marina Bay Sands commands a stunning view of the dazzling Financial District's Skyline (the owners boast that the splash feataure is approximately one-and-a-half football fields in length).
Gosh, I'd pay a pretty penny to lounge poolside as Michael Phelps propels his toned muscled bod from one end to-the-other.
Meanwhile, Resorts World Sentosa - not to be bested - launched a Theme Park with Universal Studios which features an upscale family-oriented Hotel.
In some respects, the old Guard still maintains a stranglehold when it comes to gambling, though.
Because the Chinese people are superstitious by nature, the Government has imposed restrictions on its citizens to ensure they don't fritter any the mortgage money.
Residents of Singapore are dinged $80.00 for one-day passes to the Casinos (good 24/7).
In contrast to the policies in the United States, family members are legally entitled to step forward and request that relatives be banned from gambling halls in the event they are vulnerable to chronic addiction to games of chance.
Casinos are also barred from advertising locally.
Ins spite of the aforementioned limitations guests topped out at a staggering 11.6 million in 2010.
Sales at two of the major Casinos combined equalled 1.7% of the gross National Product.
Obviously, Steve Wynn is anxious to grab for a piece of that lucrative pie!
http://www.thetattler.biz
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