News: Genting Singapore PLC (GENS.SI)
21 Nov 2014
Tue, Nov 11 2014
SINGAPORE, Nov 11 - Casino operator Genting Singapore PLC's net profit fell 43 percent in the third quarter, hit by lower gaming revenue from VIP players, and it warned of challenges in the Asian gaming and tourism industry in a slowing economy.
SINGAPORE, Nov 11 - Core profit at Genting Singapore Plc slumped 27 percent in July-September, hit by a drop in revenue from VIP players with the company warning of significant challenges in the Asian gaming and tourism industry due to an economic slowdown.
SINGAPORE, Aug 14 - Genting Singapore Ltd reported muted second-quarter core earnings and said it was well placed to bid for an integrated resort in Japan once a casino bill was passed.
(The following statement was released by the rating agency) SINGAPORE, June 20 (Fitch) Fitch Ratings has affirmed Malaysia-based gaming conglomerate Genting Berhad's (Genting) Long-Term Foreign Currency Issuer Default Rating (IDR) and senior unsecured rating at 'A-'. Fitch has also affirmed Genting's 52%-owned subsidiary, Genting Singapore PLC's (GENS) Long-Term Foreign and Local Currency IDRs at 'A-' and its SGD perpetual capital securities at 'BBB'. The Outlooks for Genting and GENS are S
Genting Singapore's plans to build a casino in South Korea have been stalled.