Sunday, February 14, 2010

News Update S'pore rolls the dice

Feb 14, 2010
S'pore rolls the dice

SINGAPORE'S first casino opened for business on Sunday as the first punter was allowed into the gaming section of Resorts World Sentosa complex. The opening - to be followed within months by a second casino resort - is part of a multi-billion-dollar effort to transform Singapore's tourism industry.

The doors to the cavernous and carpeted casino were thrown open to the public at 12.18pm on the first day of the Year of the Tiger in the Chinese lunar calendar. When pronounced in the Cantonese dialect, 12.18 sounds like 'prosperity'. A middle-aged Singaporean woman was the first gambler allowed in, followed by an initial crowd of about 200.

The US$4.4 billion (S$6.2 billion) resort features Southeast Asia's first Universal Studios movie theme park, which also opened for a week of sneak previews from Sunday. 'We have waited a long time for this. Today's opening of the casino is a milestone for Resorts World Sentosa, for Genting Group and for Singapore,' said Genting Group chairman Lim Kok Thay in a ceremony before the doors opened.

'We couldn't have asked for a better time to open,' he said, referring to Asia leading the world in recovering from the worst global recession since the 1930s.

Singapore's second casino complex, Marina Bay Sands, is being completed by US-based Las Vegas Sands and is expected to open in April. Officials hope the casinos will help Singapore achieve its target of 17 million visitors a year generating more than $21 billion by 2015, boosting the services sector and reducing the role of manufacturing in the economy.

A lion dance and firecrackers preceded the opening of the casino. Resorts World Sentosa last month opened four premium hotels and is testing the rides at the Universal Studios theme park before it is fully opened to the public. -- AFP