The Business Times
business-time-50
HOCK LOCK SIEW
·
SUBSCRIBERS

Is Genting Singapore still a good bet?

The company’s H1 2025 financial performance was disrupted by the temporary closure of some attractions at Resorts World Sentosa 

Summarise
google-preferred-sourceAdd BT as a preferred source
Ben Paul

Ben Paul

Published Wed, Aug 13, 2025 · 07:00 AM
    • By most accounts, Genting Singapore's weaker profitability was caused by the closure of some attractions at Resorts World Sentosa (above) to facilitate construction works related to the RWS 2.0 project, which deterred mass-market gamblers and non-gaming visitors.
    • By most accounts, Genting Singapore's weaker profitability was caused by the closure of some attractions at Resorts World Sentosa (above) to facilitate construction works related to the RWS 2.0 project, which deterred mass-market gamblers and non-gaming visitors. PHOTO: BT FILE

    [SINGAPORE] This column predicted late last year that Genting Singapore’s profitability will improve in 2025, and drive a recovery in its beaten down share price.

    So far, it has turned out to be a rather poor bet.

    Genting Singapore’s shares have chalked up a total return of less than 0.1 per cent since the beginning this year (up to Aug 8). This made it the sixth worst-performing component of the Straits Times Index, which delivered a total return of more than 15.5 per cent.

    Hock Lock SiewGentingResorts World SentosaIntegrated Resorts

    TRENDING NOW

    The CSRC is leading the effort, along with the National Financial Regulatory Administration, which handles consumer protection and supervises banks.

    Why China is tightening controls on overseas stock trading

    US President Donald Trump with President Xi Jinping after a visit to Zhongnanhai Garden in Beijing, on May 15.

    Xi Jinping has just rewritten the rules of US-China rivalry

    Always one to walk the talk, DBS CEO Tan Su Shan has her personal AI agent that checks and serves up to her the latest news on banking.

    ‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

    Set up by Nichol Ng and her brother, FoodXervices traces its roots to 1934 with the business their grandfather started.

    ‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More