The Business Times
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HOCK LOCK SIEW

As tourism rebounds, the chips are falling nicely back in place for Genting Singapore

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Anita Gabriel

Anita Gabriel

Published Tue, Aug 2, 2022 · 05:50 AM
    • A recovery in VIP volume and mass market gross gaming revenue has aided the recovery of Marina Bay Sands, 1 of Singapore's 2 integrated resorts.
    • A recovery in VIP volume and mass market gross gaming revenue has aided the recovery of Marina Bay Sands, 1 of Singapore's 2 integrated resorts. PHOTO: PIXABAY

    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.

    GamingGentingHock Lock Siew

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