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Morgan Stanley underweight on Genting Singapore
Nisha Ramchandani
Published Mon, Sep 19, 2016 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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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