Resorts World Sentosa

Genting Singapore receives two-year extension of its casino license - THE EDGE SINGAPORE

Tourism

Genting Singapore receives two-year extension of its casino license

Resorts World Sentosa held the ground-breaking of its planned $6.8 billion expansion last week

Broker's Calls

Citi sees Genting Singapore as ‘defensive shelter in volatile markets’, maintains ‘buy’

Analyst George Choi has also kept his target price of $1.14 unchanged.

Singapore economy

MBS operator Las Vegas Sands plans entertainment-focused expansion in Singapore

'Singapore is going through a growth spurt,' says Las Vegas Sands CEO Rob Goldstein

Results

Genting Singapore nearly doubles 1QFY2024 earnings thanks to visa-free travel between China and Singapore

Tender for the new Waterfront development will be awarded in Q3

Singapore news

'Green shoots' of recovery seen but investors should look beyond Singapore's 2024

Singapore's GDP for 2024 is seen to do better than 2023 but investors ought to look at stocks giving longer-term play

Investing ideas

Genting's higher $6.8 billion capex on RWS not a worry

'We have to transform ourselves to be a better product,' said Genting Singapore CEO Tan Hee Teck at the April AGM
Genting Singapore shares gain following 3QFY2023 earnings that beat estimates - THE EDGE SINGAPORE

Broker's Calls

Genting Singapore shares gain following 3QFY2023 earnings that beat estimates

Genting Singapore plans to spend $6.8 billion on its next phase of expansion - higher than $4.5 billion indicated previously
Newly-revamped dining destinations: JAAN by Kirk Westaway, Red House Seafood, Ocean Restaurant - THE EDGE SINGAPORE

Food & Beverage

Newly-revamped dining destinations: JAAN by Kirk Westaway, Red House Seafood, Ocean Restaurant

JAAN by Kirk Westaway and RWS’ Ocean Restaurant show off refreshed digs, while Red House Seafood opens a new outlet at Esplanade
Maybank upgrades call on Genting Singapore to ‘buy’ while raising FY2022 earnings estimate by 78% - THE EDGE SINGAPORE

Broker's Calls

Maybank upgrades call on Genting Singapore to ‘buy’ while raising FY2022 earnings estimate by 78%

Citi Research has also given the counter a “buy” call after MBS’s earnings came in as a “positive surprise”.
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