SINGAPORE (June 24): CGS-CIMB Securities continues to rate Genting Singapore (GENS) at “add” with an unchanged target price of $1.06. With several upcoming urban and regional integrated resort (IR) in Japan, many gaming players are eager to secure these opportunities. "We think Japan’s IR Bas...

SINGAPORE (May 10): Analysts are lowering their forecasts on Genting Singapore (GENS) amid short-term pressures expected from lower gaming revenues and higher capex for the redevelopment of Resorts World Sentosa (RWS). This comes after GENS after market close on Thursday announced a 5% drop in earn...

Submitted By:  Arianna Danganan Case Study:  No Gaming revenues fell 8% YoY to $430.18m. Genting Singapore started off 2019 on a weak note after profits slipped 5% ...

INTEGRATED resort operator Genting Singapore on Thursday posted a 5 per cent decline in first-quarter net profit to S$205.5 million as gaming revenue fell.

INTEGRATED resort operator Genting Singapore on Thursday saw first-quarter net profit decline 5 per cent to S$205.5 million, as gaming revenue fell. 

SINGAPORE (May 9): Genting Singapore (GENS) reported 1Q19 earnings fell 5% to $205.5 million from $217.2 million in 1Q18. This came on the back of a 5% drop in revenue to $640.4 million from $675.1 million last year, mainly due the group’s gaming business in Resorts World Sentosa experiencing an ...

Submitted By:  Luz Wendy Noble Case Study:  No The proceeds will be used to fund social and community programmes. Bloomberg reported that Singapore has received abo...

LAND to expand Singapore's two integrated resorts (IRs) will cost S$1.3 billion for the 3.3 hectare site for Marina Bay Sands (MBS), while Resorts World Sentosa (RWS) has set aside S$1 billion to intensify the use of its existing land and to buy around one hectare of new land.

FOR the upcoming expansion plans of Singapore's two integrated resorts (IRs), the 3.3 hectare site for Marina Bay Sands' expansion has a cost of S$1.3 billion, while Resorts World Sentosa has set aside a budget of S$1 billion to intensify the use of its existing land and to buy around one he...

SINGAPORE (May 2): The manager of  OUE Hospitality Trust (OUE HT) has declared a 1Q19 distribution per unit (DPU) of 1.18 cents, declining 6.3% from its DPU of 1.26 cents a year ago due to lower income from the hospitality segment as well as higher expenses. Revenue fell 3% on-year to $31.7 millio...