You are here

Genting Q4 net down as pool of VIP gamblers shrinks

But in the mass market slot, where margins are better and less volatile, the tables are turning in its favour

Singapore

CASINO stalwart Genting Singapore's game sheet for the final quarter disappointed with net profit falling 36 per cent to S$89.2 million, no thanks to low luck factor and shrinking pool of VIP gamblers.

Including S$29.7 million apportioned to holders of perpetual capital

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom