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Genting Singapore Q1 profit tumbles 73% as revenue slips

Bad debt provisions up 30%; premium gaming market continues to be weak
Friday, May 15, 2015 - 05:50

Disappointing quarter.


GENTING Singapore's first-quarter 2015 scorecard came in expectedly weak with net profit plunging 73 per cent to S$62.7 million from a year ago, a sign that the casino giant's biggest banes - waning Chinese high rollers, low luck factor and rising bad debts - could continue to

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