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Morgan Stanley underweight on Genting Singapore

Nisha Ramchandani

Nisha Ramchandani

Published Mon, Sep 19, 2016 · 09:50 PM

Singapore

WHILE profitability for the VIP gaming business outside Macau is outperforming Asia's answer to Las Vegas, Morgan Stanley analysts aren't bullish on Genting Singapore.

This is against the backdrop of a challenging environment for the global VIP segment, compounded by the slowdown in China's economy.

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