Genting Singapore Propriety Limited has seen a massive shot in the arm with it’s share prices rising. The reason for all this positive noise is that the Singapore government has granted Genting Singapore it’s casino trading licence. The share price gained 1.8 percent to Singapore$1.13.

Resorts World Sentosa will be opening this week, just managing to open it’s doors before Chinese New Year. Opening before it’s rival Las Vegas Sands corporation means that all the gamblers who enter may designate the Genting casino to be their favourite gambling haunt over Sands Marina Bay. The Singapore gambling market has been valued at S$4 billion and is set to be fiercely fought over by Sands and Genting.

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