You will be redirected back to your article in seconds

MGM Grand in Singapore casino bid

Government has designated site for Marina Bay area

HONG KONG — Hong Kong movie conglom Media Asia has partnered with MGM Grand and Asian property developer CapitaLand in a bid to break into Singapore’s emerging casino market.

It is one of four consortia bidding to build and operate Singapore’s first licensed casino, which the government has designated for the Marina Bay area.

Media Asia would supply A-list Asian stars and acts from its own stable and that of the related E Sun group, which has interests ranging from real estate and media investment to talent management. E Sun manages thesps Shu Qi, Anthony Wong and Edison Chan and represents Leon Lai in his music career.

Media Asia, which listed in Singapore in late 2004, also manages a library of more than 200 movies.

Rival bidders include Las Vegas Sands Corp., a consortium pairing Harrah’s Entertainment with Singapore developer Keppel and Malaysia’s Genting Intl. Winner should be announced in the second half of this year, with the opening scheduled for 2010.

The Singapore government envisages licensing a second casino in the Sentosa district.

More Biz

  • Harvey Weinstein ousted

    Weinstein Co. Adds Board Member to Navigate Bankruptcy Sale

    HONG KONG — Hong Kong movie conglom Media Asia has partnered with MGM Grand and Asian property developer CapitaLand in a bid to break into Singapore’s emerging casino market. It is one of four consortia bidding to build and operate Singapore’s first licensed casino, which the government has designated for the Marina Bay area. Media […]

  • Allison Mack

    'Smallville' Actress Allison Mack Arrested in Sex Cult Case

    HONG KONG — Hong Kong movie conglom Media Asia has partnered with MGM Grand and Asian property developer CapitaLand in a bid to break into Singapore’s emerging casino market. It is one of four consortia bidding to build and operate Singapore’s first licensed casino, which the government has designated for the Marina Bay area. Media […]

  • Harvey Weinstein

    Harvey Weinstein Still Seeking His Emails to Combat Sexual Assault Claims

    HONG KONG — Hong Kong movie conglom Media Asia has partnered with MGM Grand and Asian property developer CapitaLand in a bid to break into Singapore’s emerging casino market. It is one of four consortia bidding to build and operate Singapore’s first licensed casino, which the government has designated for the Marina Bay area. Media […]

  • ynon-kreiz

    Media Exec Ynon Kreiz Named CEO of Mattel

    HONG KONG — Hong Kong movie conglom Media Asia has partnered with MGM Grand and Asian property developer CapitaLand in a bid to break into Singapore’s emerging casino market. It is one of four consortia bidding to build and operate Singapore’s first licensed casino, which the government has designated for the Marina Bay area. Media […]

  • courtney braun

    Courtney Braun Named Head of Legal Affairs for Endeavor

    HONG KONG — Hong Kong movie conglom Media Asia has partnered with MGM Grand and Asian property developer CapitaLand in a bid to break into Singapore’s emerging casino market. It is one of four consortia bidding to build and operate Singapore’s first licensed casino, which the government has designated for the Marina Bay area. Media […]

  • Randall Stephenson

    AT&T-Time Warner Trial: Randall Stephenson Takes Stand and Defends Merger

    HONG KONG — Hong Kong movie conglom Media Asia has partnered with MGM Grand and Asian property developer CapitaLand in a bid to break into Singapore’s emerging casino market. It is one of four consortia bidding to build and operate Singapore’s first licensed casino, which the government has designated for the Marina Bay area. Media […]

More From Our Brands

Access exclusive content