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SKYCITY Entertainment CEO Graeme Stephens is optimistic about the group’s prospects, helped by expansion in Auckland, a planned venture into online gaming and a rebound in international VIPs, although analysts remain cautious.
Genting Singapore announced on Tuesday that it had incorporated five new Japanese subsidiaries as part of its stealth bid to win one of the three IR licenses that are up for grabs now that the IR Implementation Act has become law.
Genting Malaysia has clear catalysts for further growth, though investors are likely waiting for further clarity on the opening of its 20th Century Fox theme park before buying the shares, Nomura said in a research note.
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