Friday, March 31, 2023

Tag: Resorts world sentosa

Genting Singapore continues to be impacted by lack of international visitation

Genting Singapore revenue
The operator of Resorts World Sentosa acknowledged that international visitor arrivals to Singapore “will be unlikely to return in the near term”.

Genting CEO: Outlook for global tourism and hospitality industry “remains highly uncertain”

Genting tourism hospitality remains highly uncertain
Following a tough 2020, Genting’s chairman and CEO Lim Kok Thay highlighted the opening of Genting SkyWorlds in Malaysia later this year, together with the firm’s investment in an expansion to its Singapore property Resorts World Sentosa. Nevertheless he warned that the company will continue to face “significant challenges” in 2021.

Singapore’s IRs resume operations

Singapore Marina Bay Sands reopen
Marina Bay Sands and Resorts World Sentosa were granted permission to reopen at the start of July.

Singapore signs off on casino expansion

Singapore signs off casino expansion
The government in Singapore has extended the exclusivity period for Marina Bay Sands and Resorts World Sentosa until the end of 2030, while a new two-tiered

Genting Singapore sees Q2 profit rise despite fall in revenue

Genting Singapore
Resorts World Sentosa operator Genting Singapore reported net profit of SGD177.6m ($129.6m) for Q2 2018, compared to SGD143.3m in the same period last year. The improvement in profit was despite a six percent decline in revenue, the company said in filing on 3 August. Genting Singapore reported gaming revenue of SGD406. 1m for the three months to 30 June, down...