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Broker's Calls
DBS downgrades Genting to "hold" as brutal headwinds await for hospitality and tourism ahead
This comes after slashing EBITDA figures for the casino and hotel operator due to the brokerage's expectations of a longer J-shaped recovery, attributable to a larger drop in tourist arrivals, and a sharper contraction in the economy.
May 04, 2020
China's message to Asia's casinos: Place your bets elsewhere
(June 27): China just sent a clear message to casinos sprouting across Asia: don’t peddle your baccarat here.
June 27, 2017
Broker's Calls
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.
May 04, 2017