SINGAPORE - Marina Bay Sands, the world's most expensive stand-alone casino resort at US$6.9 billion, held its grand opening a year ago in the teeth of a persistent global economic slump and in direct competition with the world's second-most expensive casino resort, the US$5.7 billion Resorts World Sentosa.
Many analysts doubted either resort could turn a profit and failed suitors for Singapore's two coveted gaming licenses eagerly awaited an opportunity to pick up these pricey properties at bankruptcy sale prices. Full story
