Word: money
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...Just how much money has been poured in - and how daunting the challenge of recouping that money will be - are becoming clear as the first of Singapore's long-awaited casinos prepares to throw open its doors this month. Citigroup estimates that Resorts World Sentosa, slated to open in mid-February and which will include six hotels and a Universal Studios theme park, will have run a construction tab of roughly $4.5 billion. Adelson says his showpiece project on Marina Bay, boasting Singapore's largest hotel and one of Asia's biggest convention spaces, will cost roughly $5.5 billion...
...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. Says Noel-Johnson, "The biggest winner will be the Singapore government because...
...hoping to improve on that and get as many points for the team as I can,” Lee said. “Yale has a very competitive 800 runner, so I want to give her a run for her money...
Cooper says she faces a choice. She receives $909 a month in Social Security. After her bills, she has $289 left, plus the $100 she now pays for storage. She could spend that money to move into subsidized housing, but if she did, then she would be nearly broke: little money for food, no money to give at Sunday services, no money to buy her grandchildren gifts and no money to give to others in need - things she does on a regular basis. Now that her health has improved and her back is stronger, she hopes she can go back...
Banner agrees. He says he could use the money. He clears trees and works in construction, giving him the flexibility to surf whenever the titanic swells roll in. But when he takes off on a wave, he says, "I'm not thinking about the money or the contest. It's about you and the ocean. It could be the end of your life, and that's what gives the moment its purity...