10/14/22 RWS faced 3 enforcement actions for regulatory breaches in FY21 Singapore’s Casino Regulatory Authority has reported that in the 2021-22 reporting period, Resorts World Sentosa was fined SGD275,000 (US$191,000).
08/15/22 Genting Singapore gaming revenue up 7.3% for H1 The casino operator attributed the growth in gaming revenue to the reopening of international borders.
07/15/22 Genting Singapore attracts takeover interest It’s been reported that MGM Resorts approached the Lim family expressing interest in a takeover of Genting Singapore but that talks were not fruitful.
05/24/22 Genting Singapore seeks to attract more casual players Genting Singapore has revealed plans to expand its player base by focusing on those who play casually for entertainment.
05/02/22 Genting Singapore appoints Tan Hee Teck as CEO Genting Singapore’s board has elected Tan Hee Teck as its new CEO.
04/22/22 Genting Singapore reelects Lim Kok Thay as director The board has also approved a final dividend of S$0.01 (US$0.007) per ordinary share.
04/08/22 RHB raises Genting Singapore target price amid reopening of borders Genting Singapore’s target price now ranges from S$.090 to S$0.95.
04/01/22 Genting Singapore to show revenue and profit in 2022, analysts say Analysts at Bernstein say the reopening of borders in Singapore will allow Genting Singapore to report revenue and profit for the rest of the year.
02/25/22 Genting Singapore can expand RWS without incurring additional debt, analysts say Analysts at Moody’s Investors Service have said the casino operator can fund the expansion of Resorts World Sentosa without incurring additional debt.
02/21/22 Genting to invest US$297.8m in Resorts World Sentosa Genting Singapore has announced it will invest S$400m (US$297.8m) in Resorts World Sentosa (RWS).
02/18/22 Genting Singapore second-half net profit down 49% Net profit for the 6 months ended December 31 fell to S$95.1m (US$70.7m), down from S$185.9m (US$138.2m) in the same period of 2020.
