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Singapore approves first casino

Singapore’s first casino won regulatory approval to open, paving the way for the debut of gambling in the squeaky clean city-state as early as next week’s Lunar New Year holiday.

Genting Singapore PLC, which has been issued a licence for its casino at Resorts World Sentosa, is expected to open its doors this week – ahead of Las Vegas Sands Corp.’s much-delayed showpiece project in Singapore’s downtown – bringing a formal end to the Singapore Government’s decades-long opposition to gambling.