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Economy

Singapore's casino resorts to pour $6.6bn into expansion

City-state approves plans with eye on staying a top Asian destination

An artist's rendering of the Marina Bay Sands casino resort in Singapore after the addition of a fourth tower. (Courtesy of Las Vegas Sands)

SINGAPORE -- The government of Singapore said Wednesday it has agreed to a 9 billion Singapore dollar ($6.64 billion) build-out of its two integrated casino resorts.

The Marina Bay Sands, run by Las Vegas Sands, will build a 1,000-room luxury hotel. As the fourth high-rise on the premises, the hotel will consist entirely of suites. A 15,000-seat arena is also in the works.

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