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As tourism rebounds, the chips are falling nicely back in place for Genting Singapore
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Anita Gabriel
Published Tue, Aug 2, 2022 · 05:50 AM
QUITE clearly, casino and leisure giant Genting Singapore is no longer down in the dumps.
This time 2 years ago, analysts declared the second quarter a “washed out” period for the gaming sector as it was hammered by pandemic miseries — from mobility curbs to mass travel shutdowns.
The state of play for the operator of Resorts World Sentosa (RWS) — its flagship project and 1 of the city-state’s 2 integrated resorts (IRs) — was less dour a year ago. Although there were lingering grey clouds, Genting Singapore enjoyed boosts from Singapore’s wage support scheme, high inoculation rate, and an improving outlook as social activities and travel resumed.
