In his report dated Oct 20, Khoo notes that MBS’ 3QFY2022 net gaming revenue recovered 3.5% q-o-q to reach 94% of pre-pandemic levels.
Analysts are positive on Genting Singapore’s (GENS) prospects after NYSE-listed Las Vegas Sands Corporation revealed that Marina Bay Sands’ (MBS) adjusted ebitda surged by 2,187% y-o-y to US$343 million ($475.6 million) for the 3QFY2022 ended Sept 30.
UOB Kay Hian Research analyst Vincent Khoo has maintained his “overweight” rating for the gaming sector, citing Marina Bay Sands’ (MBS) “impressive” 3QFY2022 gaming revenue recovery.
