Malaysian gambling company, Genting Malaysia, has announced that it’s scheduled opening of the new Singapore casinos are fully on track and that construction of the new casino resort is running very smoothly. The casinos are on target for their Chinese New Year January 2010 opening and is expected to open with lots of fan fare given it will be part of the Chinese New Year festivities and is marked to be one of the new major entertainment attractions of Singapore.

The news that everything was smooth sailing sent the Malaysian gambling company up 0.98 percent to 7.22 ringgit a share. The resort is name the Resort World Sentosa and is expected to rival Macau as a gambling destination in Asia. Although it is much further from the Chinese market, compared to Macau, Singapore is more central to countries like Indonesia, Malaysia and is a major stop over point for many international travellers.

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