Gary Lovermen may be boasting about his Watanabe catch but it is nothing compared with what he lost out here in Singapore. $100M high roller lost is not uncommon here.
I know that when he heard about Singapore government opening up casinos here he was the first one here and making all the right noices. But the bid he put in for the Intergrated Resort is laughable. He wanted to annex the existing convention space here nearby in his plan. Adelson came up with a new $1.3M sq. ft. of new convention space and a $5.0B IR proposal.
He also lost out in Macau which is booming as much as Las Vegas is shrinking.
Is it time for the Professor to return to Harvard.
http://www.todayonline.com/Business/EDC101012-0000049/Local-tycoon-blows-$100m-at-the-tables
I know that when he heard about Singapore government opening up casinos here he was the first one here and making all the right noices. But the bid he put in for the Intergrated Resort is laughable. He wanted to annex the existing convention space here nearby in his plan. Adelson came up with a new $1.3M sq. ft. of new convention space and a $5.0B IR proposal.
He also lost out in Macau which is booming as much as Las Vegas is shrinking.
Is it time for the Professor to return to Harvard.
http://www.todayonline.com/Business/EDC101012-0000049/Local-tycoon-blows-$100m-at-the-tables