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Despite 'stunted' tourism recovery, CGSI keeps 'add' call on Genting Singapore

The Edge Singapore
The Edge Singapore  • 2 min read
Despite 'stunted' tourism recovery, CGSI keeps 'add' call on Genting Singapore
Artists' impression of new developments at Resorts World Sentosa / Image: Genting Singapore
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Genting Singapore, which operates Resorts World Sentosa, is likely to report subdued Q4FY2024 numbers, says CGS International's Tay Wee Kuang.

In contrast, Marina Bay Sands, held by parent company Las Vegas Sands, enjoyed record high mass gross gaming revenue.

"We think MBS benefited from its ongoing suite renovation and refurbishment programme," suggests Tay in his Feb 3 note.

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