06/02/21 Yokohama: Melco and Genting confirmed as only IR contenders The city of Yokohama has confirmed only two companies remain in the process to select a private partner for its IR bid.
05/27/21 Genting Singapore’s recovery slower than expected, analysts say Brokerage Nomura has reduced its previous EBITDA forecasts for Genting Singapore due to lower than expected revenue in Q1.
05/25/21 Yokohama IR tender likely to go to Genting or Melco According to analysts, one of the contenders is now looking for a minority stake, leaving Genting Singapore and Melco Resorts to compete for Yokohama’s IR bid.
05/20/21 Japan: Genting Singapore could win Yokohama IR bid, analysts say After the withdrawal of Galaxy Entertainment, only four companies remain interested in developing an IR in Yokohama.
05/08/21 Genting Singapore revenue down 32% in Q1 Genting Singapore has reported that revenue dropped 32 per cent year-on-year to SGD277.9m.
04/10/21 Genting Singapore EBITDA to remain below 2019 levels for two years Moody’s Investors Service estimates that Genting Singapore’s EBITDA will not reach 2019 levels this year or next.
03/30/21 Genting Singapore claims CEO’s pay fell in 2020 Genting Singapore has responded to claims that its CEO’s remuneration doubled in 2020 despite a huge fall in profits and employee redundancies due to the Covid-19 pandemic.
03/26/21 Genting Singapore doubles executive chairman’s salary in 2020 Genting Singapore’s executive chairman Lim Kok Thay’s total remuneration doubled in 2020, when compared with figures reported by the company in 2019.
03/20/21 Genting cruise receives 100,000th passenger since relaunch Genting Dream Cruises has been accepting passengers since November, becoming just the second cruise line to return to operations.
03/16/21 Singapore in talks with Australia on relaxing travel ban Singapore hopes bilateral travel agreements with Australia might help boost tourism and gaming revenues.
03/03/21 Genting Singapore awards US$1.3m shares to employees Genting handed out performance-based shares as part of its performance share scheme.
02/25/21 Genting Singapore pushes back Resorts World Sentosa expansion plan Genting Singapore’s expansion at Resorts World Sentosa faces delays due to the Covid-19 pandemic.
02/16/21 Genting Singapore recovery depends on lifting of travel ban Analysts have said that Genting still is halfway towards a full recovery but that a lifting of travel restrictions is needed to return to pre-pandemic incomes.
02/10/21 Genting Singapore’s revenues fall 90% in 2020 Restrictions and border closures caused revenue to plummet for the Singapore casino operator.
01/16/21 How is Covid-19 impacting on cruise lines’ stocks? Asian operators have begun “cruises to nowhere” from Singapore, Japan and China.
