Malaysia's Resorts World Genting and two other tourism destinations will be given the green light to reopen as the country expands its domestic travel...
Genting Singapore said its wholly owned Genting Singapore Aviation unit has been dissolved.
Genting Malaysia has not yet reopened its casinos, but the permission is expected to be “imminent,” local brokerage house UOB Kay Hian wrote in a note.
Felix Ng -
Malaysia’s PublicInvest Research said it has left its forecasts and recommendations for Genting Bhd unchanged despite it losing its chance to be part of an IR project in Yokohama.
Genting Singapore said it was "surprised and disappointed" with the city of Yokohama decision to pull out of a bid to host an integrated resort.
Genting HK said its 1H21 loss narrowed thanks to the resumption of cruises to nowhere out of Taiwan and Singapore, but warned the outlook remains uncertain.
Genting said revenue for the first six days at Resorts World Las Vegas came in at about $14.9 million, driven by "very strong" casino and food and beverage.
Genting Malaysia 2Q21 revenue soared more than seven times from last year, but the latest lockdowns in the country will weigh on business going forward.
Genting Singapore remains a "buy" for analysts at Nomura, despite seeing its hopes for an IR license in Japan crushed by the election of an anti-casino mayor.