Genting Singapore pessimistic about H1 amid virus threat

It will use this period to refresh its offerings, embark on a stronger productivity drive

Anita Gabriel

Published Wed, Feb 12, 2020 · 09:50 PM

Singapore

AS CASINO and leisure giant Genting Singapore capped a weaker financial showing in 2019 and laid the blame on geopolitical uncertainties and economic volatilities, the operator of Singapore's integrated resort (IR) Resorts World Sentosa (RWS) admitted that the first half of this year could be grim owing to the novel coronavirus scare.

"With the novel coronavirus issue that has created massive disruption to the travel and tourism industries, the group is generally pessimistic about the outlook for the first half of 2020," it noted in its results announcement on Wednesday.