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