Sands, Genting In A Singapore Sling

Forbes.com, 20 Feb 2009, Miriam Marcus

It's a sure bet that casino companies have to keep expenses in line as their revenues dwindle. Las Vegas Sands and Genting International came up short Friday on talk that their over-budget Singapore projects are even more over-budget than had been thought.

Both companies saw their stock-market values tumble while other casino operators with Asian operations had a good day as China loosened visa restrictions on potential gamblers.

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