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Japanese casino licence could give Genting Singapore legs to run further

Michelle Zhu
Michelle Zhu • 2 min read
Japanese casino licence could give Genting Singapore legs to run further
SINGAPORE (May 4): Maybank Kim Eng Research continues to rate Genting Singapore (GENS) at “buy” with a higher price target of $1.25 from $1.10 previously with catalysts expected from a potential Japanese casino licence.
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SINGAPORE (May 4): Maybank Kim Eng Research continues to rate Genting Singapore (GENS) at “buy” with a higher price target of $1.25 from $1.10 previously with catalysts expected from a potential Japanese casino licence.

The casino and resort operator is due to announce its 1Q17 results next week on May 12.

In a Thursday report, analyst Yin Shao Yang says that while GENS may have ceded mass market share in 1Q17, he believes it will regain this in 2Q.

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