$

GENS

GENTING SPORE
GENS.SI
Last Price
0.00
GMT / 17 JUL 2019
Value Change [%]
0.00
[(0.00%)]
Volume
00
Open
0.00
Day's High
0.00
Year's High
1.32
Previous Close
0.93
Day's Low
0.00
Year's Low
0.86
Earnings Per Share
0.06
P/E Ratio
14.99
Lot Size
100
Div. Yield (%)
3.78
Dividend
0.04
Div. Pay Date
23 MAY 2019
Ex-Div. Date
02 MAY 2019
Last Trade
0.00
Last Trade Time (GMT)
Last Trade 2
0.00
Last Trade 3
0.00
Volume
00
Turnover
00
Bid
0.92
Bid Size
1,355,900
Ask
0.93
Ask Size
1,822,500
Close Bid
0.92
Close Ask
0.93
aseanexchanges
@aseanexchanges
20
Jun
SET Ind Semi-Annual Review: 4 additions to SET50 index, 9 additions to SET100 index and 8 additions to SETHD index https://t.co/jMFjlIyZDH
14
Jun
.@BursaMalaysiaKL adds 5 more PLCs to FTSE4Good Bursa Malaysia Index https://t.co/h3outGOt2V @BursaMKTPLC #beBursa #beSustainable
19
May
Global Fund Managers Show Keen Interest In Malaysia's Stock Market https://t.co/lwwL43HxAp
18
May
Thai Bourse Promotes Financial Discipline Toward Sustainability And Stability https://t.co/v78jUhAeOJ
28
Apr
SGX And REITAS Launch First Ever REITs Race https://t.co/2ElS4lImds
28
Apr
Vietnam Climate Finance Capacity Building Project https://t.co/G6z4P39mk5
18
Apr
Bursa Malaysia hosts Exchanges and CCP leaders for the 33rd WFE-IOMA Annual Derivatives & Clearing Conference https://t.co/Rev61DFzUq
14
Apr
ASEAN Exchanges Rollout FTSE4Good ASEAN 5 ESG Index https://t.co/AfO1UkAoAo
18
Mar
Thai Bourse’s Listed Firms Mark 2015 Dividend Payment Record High https://t.co/oVOUHDvqGY
18
Mar
SGX Plans To List Contracts On MSCI China Free Index SM https://t.co/2zMMdymcSi
18
Mar
NSE And SGX To Launch The World’s First Offshore Indian Sector Futures https://t.co/tO5FBON3AK
17
Mar
Thai Bourse Market Report For February 2016 http://bit.ly/1TPMi0z
03
Mar
Thai Bourse's Charity Mini Marathon "SET Bull Run" Successfully Attracts Over 3,300 Runners http://bit.ly/1WVQMk2
03
Mar
POC2016: 27th Global Palm And Lauric Oils Conference In Kuala Lumpur://aseanexchanges.com/MediaCentre/552
16
Feb
RT @adbpublications: Mobility of skilled workers key to @ASEAN Economic Community success. #AEC https://t.co/27hFQwOtby https://t.co/uVNzcm…
12
Feb
SGX reports market statistics for January 2016 http://bit.ly/1o4VvUP
12
Feb
Thai bourse market report for January 2016 http://bit.ly/1SLb2qk
28
Jan
Successful launch of SGX SLInG LNG Derivatives https://t.co/1aorH3pFcB
27
Jan
Thai Bourse and SEC to launch 'Digital IPO', one-stop digital listing service https://t.co/I0HVZkz3co
26
Jan
SGX reports 2Q performance with net profit of $84 million https://t.co/LLx0oeW3TD

Genting Singapore PLC is an investment holding company. The principal activities of the Company include the development and operation of integrated resorts, operation of casinos, provision of sales and marketing support services to leisure and hospitality related businesses and investments. The operations in Malaysia, Alderney and other geographical areas in the Asia Pacific are sales and marketing services, online gaming and information technology services. On 27 December 2011, it incorporated Legold Pte. Ltd. On 8 December 2011, it incorporated North Spring Capital Blue LLC, North Spring Investments LLC and Pacific Sky LLC. On 28 December 2011, it acquired Dynamic Sales Investments Limited, Grand Knight International Limited and Greenfield Resources Capital Limited. On 12 September 2011, it acquired Blue Shell International Limited. On 4 November 2011, Calidone Limited and Star Cruise (C) Limited disposed their interest in WorldCard International Limited and its subsidiaries.

  • Market News
BREAKINGVIEWS-Pricey Japan is best game in town for U.S. casinos
4 June 2019
source: reuters.com
 (The author is a Reuters Breakingviews columnist.  The opinions
expressed are her own.)
    By Katrina Hamlin
    HONG KONG, June 4 (Reuters Breakingviews) - Pricey Japan is
the best game in town for U.S. casinos. The likes of Las Vegas
Sands  LVS.N  and MGM Resorts  MGM.N  had already vowed to spend
$10 billion each on a complex there. Tokyo’s tough rule book
appeals to operators with a wary watchdog at home, given
compliance risks in less mature markets. But the world’s
third-largest economy poses its own problems, and a bidding war
could hurt future returns.
    The industry’s excitement has been rising since the
government legalised gambling in 2016. Analysts and officials
say operators are now upping their bets across the country: Last
week the city of Yokohama announced rivals vying for concession
rights there are offering to splurge close to $12 billion. The
reports don’t reveal who is going all in, but investors can
guess. “Our commitment to Japan is immense. It will be lots and
lots of rooms, many, many rooms,” Sands’ President Robert
Goldstein told analysts in April. Wynn Resorts  WYNN.O  and MGM 
have also talked up their plans.
    As bidders become more aggressive, so too the regulators.
Authorities want to pre-empt gambling addiction in an aging
society that blows more than $150 billion a year in pachinko
arcades. Officials are copying strict jurisdictions like
Singapore. There will be entrance fees and visit quotas, onerous
taxes, and restrictions on advertising and on “comps” – freebies
to lure high rollers. After the first decade, prefectural
governments can review the arrangement every five years and
could add harsher restrictions.
    Casinos can opt for freer, fast-growing markets like
Cambodia or the Philippines instead. But companies with roots in
Nevada and Massachusetts are liable for their conduct outside
U.S. borders; gaming magnates like Sheldon Adelson know relaxed
regimes bring their own risks. For them, Japan is a rare
opportunity to expand without such worries.
    Yet Japan is not cheap. Investors must factor in high labour
and construction costs, and then there’s the question of how
enthusiastic the locals will be. A 2017 Las Vegas survey found
Japanese tourists were the stingiest, spending less than half
Chinese peers. Morgan Stanley researchers estimate a Japanese
casino could produce a 14% to 20% return on invested capital,
“as long as capex remains below $10 billion.” If that number
gets much higher, it might bring bad luck.
    On Twitter https://twitter.com/KatrinaHamlin
   
    CONTEXT NEWS
    - Casino operators seeking to build a resort in Yokohama
have submitted development plans advocating close to $12 billion
investment, the city’s authorities announced on May 27.
    - Multiple operators are willing to spend more than $10
billion to develop a casino resort in Osaka, Tokyo, or Yokohama,
according to a note published by Morgan Stanley on May 19,
citing a series of recent meetings with major casino companies
looking at opportunities in the country. 
    - Japan legalised casinos in 2016 and is developing specific
regulations for casino resorts at three locations across the
country. Las Vegas Sands, Wynn Resorts, MGM Resorts, Melco
Resorts and Entertainment, Galaxy Entertainment and Genting
Singapore have all expressed interest in developing a complex,
according to filings and media reports.
    - For previous columns by the author, Reuters customers can
click on  HAMLIN/  
    - SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS: http://bit.ly/BVsubscribe

    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
BREAKINGVIEWS - Australia’s Crown could be Plan B for Japan
losers     urn:newsml:reuters.com:*:nL3N21U0G9
BREAKINGVIEWS - Japanese odds may be growing longer for casinos 
   urn:newsml:reuters.com:*:nL3N1S90HO
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Editing by Pete Sweeney and Sharon Lam)
 ((katrina.hamlin@thomsonreuters.com; Reuters Messaging:
katrina.hamlin.thomsonreuters.com@reuters.net))
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