Las Vegas Sands Corp, the biggest casinos operator in the world will build the new super casino in Singapore. The corporation, owned by Sheldon Adelson won the bid and was chosen over MGM Mirage, Harrah's Entertainment and the Malaysia's Genting Bhd.

Las Vegas Sands were the first Western gaming company that opened a casino in Macau, China. The company plans to build a huge gaming resort that will aid Singapore's plans to double visitors and triple tourist revenue by 2015.

Shares of Las Vegas Sands climbed in the New York Stock Exchange composite trading, while Harrah's and MGM Mirage's fell.