As tourism rebounds, the chips are falling nicely back in place for Genting Singapore
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025