| NEWS ARCHIVES |
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| Resorts World at Sentosa expected to open in time for Lunar New Year as Genting Singapore shares trade higher in morning session |
| 8 Feb 2010 |
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Mainboard-listed casino-operator Genting Singapore's shares rose as much as 5.4 percent today.
At one point during the morning session, the shares rose by 6 cents to 1-17, after closing at 1-11 last Friday.
Optimism about the firm came on the back of its Resorts World at Sentosa being granted a casino licence by Singapore's gaming regulator.
Genting suspended trading in its shares earlier today to formally announce the receipt of the casino licence.
It did not say when it expects to open the casino in Singapore.
Resorts World has already opened four of its six hotels as well as some of the shops and food and beverage outlets.
It's widely expected to open its casino and Universal Studios theme park in time for the Lunar New Year period. |