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Long recovery for Genting Singapore despite reopening of RWS: RHB

Broker's Calls

Long recovery for Genting Singapore despite reopening of RWS: RHB

Jeffrey Tan Published on Wed, Jul 01, 2020 / 10:39 AM GMT+8

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SINGAPORE (July 1): The reopening of Resorts World Sentosa (RWS) – which includes the casino, Universal Studios Singapore theme park and S.E.A. Aquarium – today is a positive for Genting Singapore (GENS).

However, the road to recovery for the entertainment and gaming company is likely to be long and windy, according to RHB Securities.

This is because Singapore is not reopening its borders as quickly as it could.

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