integrated resort (IR)

May lady luck be by Singapore's side - THE EDGE SINGAPORE

1000th issue

May lady luck be by Singapore's side

As Singapore's tourism industry grapples with the pandemic, may lady luck be by Singapore's side.

Results

Genting Singapore's 1Q earnings tumble 55% to $149 mil as Covid-19 impact turns 'devastating'

“The pandemic has been absolutely devastating to the tourism industry across the world,” says GENS. “Our flagship property, Resorts World Sentosa (RWS) too, has been severely affected and will continue to face significant challenges,” it adds.

Broker's Calls

Analysts remain positive on Genting Singapore despite not taking part in Osaka bid

Genting Singapore (GENS) did not take part in the bidding of the Osaka integrated resort (IR).

Broker's Calls

12 stocks that could get a boost from IR 2.0

SINGAPORE (Apr 5): The $9 billion investment to renew and refresh Singapore’s two integrated resorts (IRs) could provide some vibrancy to the domestic economy in the next few years and whip up some optimism in the city-state, says CGS-CIMB Research.

In print this week

Singapore is betting on its integrated resorts – but will the $9 bil 'IR 2.0' plan be enough?

SINGAPORE (Apr 5): With its dramatic architecture of three curved hotel towers, topped with the world’s biggest cantilever, Marina Bay Sands (MBS) has become an iconic representation of Singapore.

Singapore economy

Genting Singapore inks new deal for $4.5 bil expansion of Resorts World Sentosa; exclusivity period for IR extended to end-2030

SINGAPORE (Apr 3): Genting Singapore is committing to an investment of some $4.5 billion for the expansion of the integrated resort (IR) at Resorts World Sentosa (RWS), which will see the property increase its gross floor area by approximately 50%.

Broker's Calls

Genting Singapore's outlook unmarred by slight earnings disappointment, according to analysts

SINGAPORE (Feb 22): Maybank Kim Eng, OCBC Investment Research, RHB Research and CGS-CIMB Research are maintaining their “buy” calls on Genting Singapore (GENS) with the respective target prices of $1.26, $1.31, $1.22 and $1.28.  
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