Singapore's 1st casino gets permit
Source: Agencies |
February 8, 2010, Monday
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Print Edition
Print Edition
RESORTS World Sentosa was issued a license on Saturday to operate Singapore's first casino, the city-state's regulators said.
The nod had been delayed after the Casino Regulatory Authority asked Resorts World in December for more data about the casino.
Resorts World, built by Malaysia's Genting Bhd for S$6.6 billion (US$5 billion), declined to say on Saturday when it planned to open the casino. Officials have previously said they planned to open it as soon as the government issued the license.
The 49-hectare resort, on an island about half a kilometer off Singapore's coast, opened 1,340 rooms in four hotels last month.
It also plans to open a Universal Studios theme park by March.
Rival Las Vegas Sands expects to open its US$5.5 billion Marina Bay Sands casino-resort in Singapore in May.
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