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HOT STOCK
Chips are still down for Genting Singapore
Stock struggled to stay above S$1 on Wednesday after intra-day dip to S$0.99
The number of big spenders at Resorts World Sentosa integrated resort has been dwindling on the back of a sharp drop in Chinese tourist arrivals here; they make up a significant portion or roughly half of total gaming revenue.
ST FILE PHOTO
Singapore
INVESTORS are anything but fair weather friends; when the chips are down, they dump the stock and roll the dice on another.
Think Genting Singapore and the beating its shares have suffered since the gaming giant revealed a few quarters of dimmed financial performances, no
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