Singapore's first casino will start operating on Sunday, in time for the Lunar New Year, the operator said Thursday.The opening of the Resorts World Sentosa casino followed the launch in January of four premium hotels at the 4.4 billion US dollar complex built by Malaysian gaming giant Genting."Singapore's first integrated resort, Resorts World Sentosa, will begin the first day of the Tiger year with the soft-opening of its casino," Resorts World Sentosa said in a statement.
Malaysian state energy firm Petronas said Friday its net profit surged nearly 50 percent in the latest quarter on higher oil prices but warned the weak global economy could hit full-year profits.Profit at Malaysia's biggest company in the three months to June 30, the first quarter of the country's financial year, grew 48.6 percent from the same period a year earlier to 21.7 billion ringgit ($7.27 billion)."In a nutshell, the first quarter was quite a good run for Petronas," chief executive Shamsul Azhar Abbas told reporters at a press conference.
Singapore's first casino opened for business 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 12:18 pm on the first day of the Year of the Tiger in the Chinese lunar calendar.