Massachusetts invited Genting into the Commonwealth without scrutiny.
Genting Singapore cautious - The Star Online
The Star Online
Although Genting Singapore, which is 52%-owned by Genting Bhd, saw its gaming volumes rise 38% to a record, it had a “weak hold” on those gaming dollars, with its win percentage of the premium segment dropping to 2.1% from 3.4% in the same quarter of ...
“Genting Singapore is cautious on VIP volumes and debt collections over the next two to three quarters due to the uncertain Chinese economy and China's anti-money laundering policy,”....
In addition, the Singapore Tourism Board had forecast a slowdown in tourist arrivals and spending due to regional competition and tight labour market, it said.
In the first quarter, Genting Singapore's clientele ratio was 49:51 between VIP and non-VIP clients, while its market share of the rolling chip volume was 48% versus its sole rival Marina Bay Sands' 52%......
| Genting Falls as Profit Drops 44 Percent:
Singapore Mover Bloomberg “Given earnings volatility and low yield, Genting Singapore's valuation remains less attractive compared to Macau peers,” Aun-Ling Chia, an analyst at Deutsche Bank AG in Kuala Lumpur, wrote in a note to clients published today. The brokerage kept its ... See all stories on this topic » |
| Genting S'pore gets a stroke of bad luck while
gamblers get lucky - The Star ... The Star Online SINGAPORE: A stroke of bad luck. That's what casino operator Genting Singapore PLC blamed for reporting a sharply lower-than-expected quarterly profit, while also flagging a cautious outlook due to muted Chinese economic growth. Genting Singapore's ... See all stories on this topic » |
| Genting S'pore weaker results weigh on
Genting Bhd - The Star Online The Star Online KUALA LUMPUR: Shares of Genting Bhd fell to a low of RM10.32 on Friday after its subsidiary Genting Singapore reported a poor set of results for the first quarter ended March 31, 2013. At 9.52am, Genting was down 12 sen to RM10.38. There were 309,900 ... See all stories on this topic » |
| STOCKS NEWS SINGAPORE-Genting headed for
biggest daily drop in 3 yrs Reuters SINGAPORE May 3 (Reuters) - Singapore shares drifted on Friday, easing from a five-year high hit in the previous session, with casino operator Genting Singapore PLC headed for its biggest daily drop in more than three years after first-quarter net ... See all stories on this topic » |
| Genting Singapore shares slump after Q1
earnings fall - CNBC.com CNBC.com Genting Singapore's January-March adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell to S$249.7 million ($202.5 million) from S$381.4 million a year earlier. Five analysts polled by Reuters had on average expected a ... See all stories on this topic » |
| Genting Singapore shares slump after Q1
earnings fall The Malaysian Insider Tourists arrive at the Genting Singapore's Resorts World Sentosa in Singapore, April 29, 2013. — Reuters picSINGAPORE, May 3 — Shares of Genting Singapore PLC fell as much as 8.1 per cent early today after the casino operator reported a 35 per cent ... See all stories on this topic » |
| Genting Singapore's profits crash 44% to
S$115.9m Singapore Business Review According to OCBC Investment Research, Genting Singapore (GS) reported 1Q13 revenue of S$669.6m, down 15% YoY and also 16% QoQ, hit by much weaker win percentage (2.12% versus 2.85% theoretical) in the premium players' business despite a ... See all stories on this topic » |
| Goldman keeps buy on Genting; lowers target
price to S$1.67/shr Business Times (subscription) Goldman Sachs on Friday kept a buy call on Genting Singapore but lowered its 12-month target price to S$1.67 a share, down from S$1.71 previously following the casino operator's shockingly weak first quarter results yesterday. The US research house ... See all stories on this topic » |
| Citi keeps buy call on Genting S'pore, raises
target price to S$1.85/shr Business Times (subscription) On Thursday, Genting - which owns RWS, one of the two integrated resorts in Singapore - reported 1Q13 net profit dropped 44 per cent from a year ago to S$115.9 million, below some analysts' expectations. The stock had risen about 16 per cent over the ... See all stories on this topic » |
| Genting Singapore shares slump after Q1
earnings fall - Yahoo! News From Yahoo! News: SINGAPORE, May 3 (Reuters) - Shares of Genting Singapore PLC fell as much as 8.1 percent early on Friday after thecasino operator ... news.yahoo.com/genting-singapore-shares-slump-q1-earnings... |
| Genting S'pore shares dive after earnings
disappointment ... - Today SINGAPORE — Shares of Genting Singapore plunged yesterday, a day after it reported dismal quarterly earnings that prompted some analysts to downgrade ... www.todayonline.com/.../genting-spore-shares-dive-after-earn... |
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