Friday, December 08, 2006

Pele school lost in Singapore casino decision

Genting International has won the high-stakes bid for Singapore's second casino resort with a multi-billion-dollar pitch focused on a movie-based theme park and the world's largest aquarium. One loser was Eighth Wonder, a Las Vegas firm which teamed up with Australia's Publishing & Broadcasting and two other partners. The costliest bid, Eighth Wonder's proposal included a football stadium and football-theme hotel. Brazilian football legend Pele was enlisted to run a sports school.

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