Word: creditation
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...Even by the opulent standards of the gaming world, analysts say these are giant sums. "The Singapore casinos are by far the most expensive ones in the region," says Gabriel Chan, head of Asian gaming research for Credit Suisse, who points out that an average casino in Macau costs roughly half as much. The Venetian in Las Vegas, completed by Adelson more than a decade ago, cost roughly $1.5 billion - less than a third of his current Singapore project...
...initially struggle to recoup their costs, Singapore, nevertheless, is likely to see the benefit sooner. Casinos will likely help create tens of thousands of new jobs for Singaporeans, as well as entice tourists from across Asia. "The Singapore government sees the casinos as a means to an end," explains Credit Suisse's Chan. "They want visitors to come to Singapore and spend money on entertainment and hotels and shopping, not purely on gambling." Citigroup expects the casinos to help push up visitor arrivals to 12.8 million by the end of 2011, roughly a third higher than where they stand today...
...animal lawyers being the exception, of course - the ability to decide on matters of national importance is a source of great pride for the Alpine nation, which holds more direct popular votes than any other country. In fact, in studies of public perceptions of the country conducted annually by Credit Suisse, respondents typically say that democracy is more representative of Switzerland than chocolate, watches and banks. (See the top 10 animal stories...
...Since we’re back on campus, it would be great to be able to take a class and get credit, do something more productive than watching TV," said Caitlin J. Rowland ’12, who stayed on campus to practice for the women’s basketball team and became a self-proclaimed "Glee addict...
...November, Fonseka resigned his post after falling out with Rajapaksa, whom he claimed was trying to sideline him within the country's military hierarchy and was taking too much credit as a civilian for waging a war fought by Fonseka's troops...